Well, it is an entity of its own that claims to strive for certain objectives (including the obvious one of being profitable). The owner could decide to change

Well, it is an entity of its own that claims to strive for certain objectives (including the obvious one of being profitable). The owner could decide to change those objectives and make something new of it. The WSJ definitely has a set of interests that managers have a duty to satisfy, until the owner decides to change those interests. If they change their motto to "whatever Bezos needs" then it's problem solved. I don't see that on their about page, though. > Can you see anything that will cause big media businesses to split themselves? Who said anything about it needing to be voluntary. Regulation is a thing.