Five corporations control 90% of the US media market.
Airlines merged from 12 major carriers in 1980 to 4 today.
Four giants control 80% of meat processing.
The evidence of corporate consolidation is everywhere.
It means more power for them and less freedom for you.
Robert Reich
Fox has reached an agreement to acquire Roku for $22 billion, after already buying Tubi for $440 million in 2020.
This marks the latest case of media consolidation in an industry controlled by a smaller and smaller number of huge corporations.