21st Century Fox was recently acquired by The Walt Disney Company. Now only 5 companies control 95% of US media. Where does it end?

submitted by magnora7 from i.redd.it

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[–]CompleteDoubterII 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Why should I believe they are in it for the money?

Amazon most likely willingly sold Amazon Echoes for a loss, and Google, admitting it lost money by demonetizing conspiracy videos, still haven't re-monetized them. I think they're trying to control the flow of information, because most people still get their news from social media and YouTube. Imagine what they could do with a monopoly on information.

[–]magnora7[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Because they're getting paid by the government to cover the shortages. That gravy train won't last forever, and again isn't a sustainable business model.