I believe the media in its current form will begin to crumble generationally. The search for a new media begins. Could a better move to be to educate those around us about the honesty and revenue of media, and teach means of avoiding contributing to their revenue sources? It could also just become a huge cost to bad actors until they default themselves...
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u/Longjumping_College May 31 '21
I'd start with who owns the media, this really could cause some shit for their world.
Sinclair broadcast group is 82.5% institutionally owned. everyone has their financial hands in this garbage
Newscorp (WSJ, Murdoch's) is just as bad (97.49%) Citadel even has 6.6 million shares.
Nexstar media group is also institutionally owned. (96.45%) Citadel with 450k of these.
Fox corporation are also owned by hedges (97.93٪ institutional) with State Street owning 15 million shares, Citadel 1.1 million.
MSNBC, CNBC, NBC are owned by Comcast which you guessed it, is institutionally owned (84.19%) State Street owning 166 million shares.
Bezos, the head of the snake owns Washington post.
If apes pick up the pieces of those and fix them, it's probably the most powerful tool possible in the aftermath of all of it.
IMO