The Unraveling of Media Monopoly Power The recent announcement that Crosshare. org has acquired a significant stake in Slate, a company founded by media mogul Michael Bloomberg, has sent shockwaves through the industry.
At first glance, this deal appears to be another chapter in the ongoing consolidation of online media outlets.
However, upon closer inspection, it reveals a more insidious trend: the concentration of ownership and control over digital publishing platforms. This trend is not an isolated incident.