Players/Big Three Media Ownership

The Publishing Layer — Books and Academia

Even the alternatives have the same owner

Penguin Random House (Bertelsmann): Private, but distribution through Amazon (Vanguard 6.6%, BlackRock 5.7%). HarperCollins (News Corp): Vanguard 10.2%, BlackRock 7.6%.

Also in Big Three Media Ownership

The Ownership Map — Who Owns the NewsSEC 13F ForensicsThe Distribution Layer — Platforms Are Also OwnedThe pipe and the water share an ownerThe Advertising Layer — Revenue as Editorial ControlWho pays the bills decides the coverageThe Implication — No Independent Fourth EstateStructural capture, not editorial control
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