Does the new owner of the Los Angeles Times really think it is going to make him even richer? Maybe yes, maybe no, but the sale demonstrates that major media platforms are firmly in the hands of the Oligarchy of the Super Rich or some faceless corporate conglomerates that peddle news the same way they sell toothpaste. Any reform of democracy has to include a reform of media ownership.
la-times-to-transfer-ownership-to-biotech-billionaire-on-monday/
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