Corporate media outlets are not stand-alone companies that exist to make money. They are owned by massive conglomerates. For example, Sheldon Adelson owns Isr

Corporate media outlets are not stand-alone companies that exist to make money. They are owned by massive conglomerates. For example, Sheldon Adelson owns Israel Hayom, the largest newspaper in Israel. He distributes the paper for free and has lost an estimated $50 million dollars on it over the last few years. He recently purchased the Las Vegas-Journal Review, Nevada's largest newspaper (he also owns Sands entertainment/casinos). His first order of business was to replace the editor with one of his cronies. He didn't buy these newspapers to make money. He bought these newspapers to control the media and control the narrative.