Who Owns Reddit? A breakdown of the type and nationality of shareholders.

submitted by magnora7 from i.redd.it

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[–]Jesus 5 insightful - 2 fun5 insightful - 1 fun6 insightful - 2 fun -  (3 children)

Advance Publications, Inc. is an American media company owned by the descendants of S.I. Newhouse Sr., Donald Newhouse and S.I. Newhouse Jr.It is named after the Staten Island Advance.

[–]magnora7[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

Oh I see, I thought you were referring to a corporation called Newhouse, my fault.

So yeah the Newhouse family owns at least 70% of reddit according to that chart.

I wonder if the Newhouse family is friendly with the CCP. I imagine they'd have to be

[–]Jesus 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (1 child)

Maybe, who knows. They are frinedly with Israel. I know that a few CCP aligned companies gave reddit money, so they might be censoring what all their shareholders ask them to censor.

[–]magnora7[S] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

Yes I wonder about that relationship exactly. Same with the Dubai interest. I haven't seen anything bad about Dubai on reddit in a while now that I think about it...