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These 15 Billionaires Own America’s News Media Companies
December 14, 2017 /
News that billionaire Peter Thiel is funding Hulk Hogan’s trial against news website Gawker set the media and technology worlds on fire last week, sparking a conversation about the ultra-wealthy’s role in controlling the news. While a billionaire secretly funding a lawsuit to take down a news outlet may be a new way of using money to influence the media business, billionaires have long exerted influence on the news simply by owning U.S. media outlets.
Losing Net Neutrality may mean that your news will be controlled or even censored.
Kate Vinton , FORBES STAFF
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Posted in: Social Media, Connectivity & Communications
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