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Monday, September 24, 2018

They Think It Would Be Fun to Run a Newspaper: Billionaires Buying Up Media Is Another Step Toward Oligarchy | Alternet

They Think It Would Be Fun to Run a Newspaper: Billionaires Buying Up Media Is Another Step Toward Oligarchy | Alternet: A handful of super-wealthy individuals are assuming power over crucial news outlets, both locally and nationally. The announcement that Time magazine would be bought by software CEO Marc Benioff highlighted the growing trend of billionaires buying up media outlets.

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