Buying Buy-In

Victor Kiam used to advertise the Remington Shaver by saying, “I liked it so much, I bought the company.” Today, we’re seeing a different trend as billionaire Trump cronies are buying companies with features they hate. Consider that Skydance just bought Paramount, which gives the Ellison family control over CBS News (not to mention Stephen Colbert). Now Skydance is making a move for Warner Bros, which includes CNN. But it doesn’t stop at traditional news sources, the right-leaning club also wants to control social media. Larry Ellison’s Oracle will be among a consortium of buyers (with shared political views) taking over TikTok. “Let’s make a tally. That would mean the Murdoch family (or really now Lachlan Murdoch) controlling Fox News, the Journal, the NY Post and its other properties. Twitter, Tiktok, CBS, CNN and more owned by Elon Musk and the Ellison family. The Washington Post owned by Jeff Bezos.” Josh Marshall: Top Trump Ally May Soon Control TikTok and CNN.