- That can't be healthy
This increase in stock ownership now means that Blackrock owns 15.1% of the Fox Corporation.
They are the second largest owner, just after the Murdock...Family Trust Murdoch still owns 19% of the company
- Together, BlackRock and Vanguard own 18% of Fox (now almost 21%), 16% of CBS, 13% of Comcast — which owns NBC, MSNBC, CNBC, and the Sky media group, 12% of CNN, and 12% of Disney — which owns a number of subsidiaries.
- Media behemoths that may present themselves as rivals are, in reality, owned by the same company... watch the video!!
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