Andrew Sage

to say that most of American media is controlled by five companies.

But here's the thing.

Even those five companies...

Those can always be consolidated into fewer and fewer companies, right?

As the companies start to struggle, as any one of them sees weakness in the other ones, you get attempts to buy them out.

And this is what happens with Paramount, which is, again, the parent company that owns NBC.

So the way that it's framed, if you read it in the press, is, oh, it was a merger between Skydance, which was Ellison's sort of outlet, and Paramount.

But that's not really what happened.

Really what happened was Paramount was bought by Ellison and Skydance.

They were merged together after that.

And this is a problem with the concentration of capital, right?

As capital becomes increasingly more and more concentrated, and as there are individual people and also entities that control more and more capital, their ability to simply swallow the rest of their competition and consume it increases.

And this is a significant advantage to the companies who get to swallow this capital.

They get to absorb all of the intellectual property.

So now they have control over the property regimes that allow them to control cultural production.

And, as a sort of incidental bonus, they can take control of the media.

Now, it's worth getting into the Ellisons themselves.

Now, Larry Ellison, back in the halcyon days of 2020, was merely the 11th richest man in the world when he, quote, "...participated in a call shortly after the 2020 election that focused on strategies for contesting the legitimacy of the vote, according to court documents and a participant."

The November 14th call included Lindsey Graham, Fox News host Sean Hannity, Jay Sekulow, an attorney for President Donald Trump, and James Bob Jr., an attorney for True the Vote, a Texas-based nonprofit.

True the Vote was a completely unhinged organization dedicated to overturning the 2020 election by doing all these weird voter fraud things.