The Seven Richest Billionaires Are All Media Barons

The effect on democracy, a free society, and the public’s right to a diversity of opinions has been highly deleterious. When it comes to media, we already suffered from an illusion of choice. However, the supercharged concentration of ownership of American and global media in the hands of just a handful of individuals has only exacerbated this problem. There once was a time that individuals looking for alternative viewpoints would simply go online to find them. But with censorship of dissenting opinions – particularly on Israel/Palestine – growing, this is becoming increasingly unviable.

In short, then, what the planet’s mega-rich capture of our media system shows is that billionaires are not only a serious drain on resources, but an existential threat to an open society and the free flow of information.

[scheerpost.com]

As if it wasn't bad enough. I just thought you might like to review how our media formation has been changing.