> These corporations own the US legacy media outlets (e.g., CNN, MSNBC, FOX, etc) and most of the larger online US news sites. Even worse. They also own most o

> These corporations own the US legacy media outlets (e.g., CNN, MSNBC, FOX, etc) and most of the larger online US news sites. Even worse. They also own most of the local papers too. What's even more troubling is that there will be more consolidation of the news industry in the future... > It looks like it's going to be many decades before these giant media outlets finally lose their relevance. Except that traditional media is moving into social media. Not only that, they have the ears of the social media magnates. Google/facebook/reddit/etc have all had talks with traditional media companies and have started "favoring" traditional media in their algorithms/search results/etc. There are far more "nytimes/WaPo/etc" on social media today than a year ago or 5 years ago. Even on HN, look how much traditional media links we have here. I don't think traditional media will go anywhere. As you said, they serve a valuable purpose - brainwashing large segments of the population.