I do agree mostly, but the threat is not empty: If democratic outputs can be sufficiently controlled via media that is for sale, then you already have a de-fac

I do agree mostly, but the threat is not empty: If democratic outputs can be sufficiently controlled via media that is for sale, then you already have a de-facto plutocracy. Similarly, allowing foreign interests a significant media presence (and control) in your country is a very real threat to the basic principles of a democratic nation.