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You’re quick with the insults. Keep it classy. I can think of another example off the top of my head: Fox News -> Disney -> Vanguard Group, BlackRock, and State
by slowhadoken 2y ago
You’re quick with the insults. Keep it classy. I can think of another example off the top of my head: Fox News -> Disney -> Vanguard Group, BlackRock, and State Street (edit (I looked it up): the top institutional shareholders).
- JumpCrisscross 2y ago> Fox News -> Disney Nope [1]. [1] https://thewaltdisneycompany.com/walt-disney-company-acquire-twenty-first-century-fox-inc-spinoff-certain-businesses-52-4-billion-stock/ https://thewaltdisneycompany.com/walt-disney-company-acquire...
- slowhadoken 2y agoYou're right Disney doesn't own own Fox News but BlackRock, State Street, and the Vanguard Group are significant institutional shareholders in Fox Corporation, the parent company of Fox News Media. At this point you should realize my question isn't naive or "stupid".
- JumpCrisscross 2y ago> BlackRock, State Street, and the Vanguard Group are significant institutional shareholders in Fox Corporation How much control do they have? Have you heard of the Murdochs? > At this point you should realize my question isn't naive or "stupid" If you said television media, it would have still been wrong, but not stupid. (Because it depends on understanding how voting control and passive vs active investing works, none of which is common knowledge.) Generalising to all media, most of which isn’t publicly owned, is.