Article in The Guardian by Robert Reich, 11/13/25
Headline: “Ultra-rich media owners are tightening their grip on democracy. It’s time to wrest our power back”
“The richest man on Earth owns X.
“The family of the second-richest man owns Paramount, which owns CBS, and could soon own Warner Bros, which owns CNN.
“The third-richest man owns Facebook, Instagram and WhatsApp.
“The fourth-richest man owns the Washington Post and Amazon MGM Studios.
“Another billionaire owns Fox News, the Wall Street Journal and the New York Post.
“Why are the ultra-rich buying up so much of the media? Vanity may play a part, but there’s a more pragmatic – some might say sinister – reason. . .”
Read the full article at:
https://www.theguardian.com/commentisfree/2025/nov/13/trump-media-ultra-rich-democracy