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Axel Springer agrees to buy Telegraph Media Group in £575m deal

https://feddit.org/post/26727472

Axel Springer agrees to buy Telegraph Media Group in £575m deal - feddit.org

Lemmy

Mar 6 at 4:05pmWeb
Show threadZombieMar 6

More giant media companies consolidated into the hands of a few.

This is extremely dangerous to our democracy.

What I didn’t see mentioned in this article, but heard on the radio, is that they’re going to be focused on AI journalism so we can expect great slop from an already pretty shabby Torygraph.

This is Extremely Dangerous to Our Democracy

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Show threadTingoTengaMar 6
These are great times to be a right wing aligned media mogul.
Show threadbirdwingMar 6
Fuck off, this should be illegal. NO to MEDIA MONOPOLIES!
Show threadSuccessful_Try543Mar 6
Technically, it isn’t a monopoly if there are at least two. So, no to big corborate media oligopoles!
Show threadAvid AmoebaMar 6
Technically there’s nothing wrong with oligopolies if they abuse their market power. 🤭
Show threadDamageMar 7
Berlusconi in Italy ed originally famously forbidden from owning more than 3 TV stations. Nowadays it doesn’t sound like much but at the time it meant that he had half of the TV stations that actually mattered.
Show threadbirdwingMar 7
What should also be included is how many people are exposed to it, tbh.
Show threadtalMar 6

It will also expand the reach of the Telegraph into the United States, it said.

I mean, I can already read it now. It doesn’t have a US-specific section, but…

Show threadOoopsMar 6
I’m actually really curious to see if Axel Springer SE manages to drag down the ‘quality’ of the tory-graph even further.