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This is why news outlets should belong to us, not to billionaires. Jeff Bezos owning the Washington Post, John Henry owning The Boston Globe, Stanley Hubbard owning multiple local news outlets, Lee Enterprises owning 75 local newspapers, these are all HUGE problems.
On one hand, you don’t want purely state controlled media. On the other hand, you don’t want privately owned profit-driven media. The answer lies somewhere in the middle but how do you protect it from corruption?