It's no surprise that Tucker was fired. Regardless of the assumed reasons, Tucker leaving FNC was inevitable. Blackrock now owns 15.1% of Fox.

Blackrock Owns 15.1% of the Fox Corporation (substack.com)

This increase in stock ownership now means that Blackrock owns 15.1% of the Fox Corporation. They are the second largest owner, just after the Murdock family.

Now, the Family Trust Murdoch still owns 19% of the company, with other, smaller institutional investors owning the rest. The CEO of the Fox Corporation was Rupert Murdoch, but it is currently Lachlan Murdoch.

Together, BlackRock and Vanguard own 18% of Fox (now almost 21%), 16% of CBS, 13% of Comcast which owns NBC, MSNBC, CNBC, and the Sky media group, 12% of CNN, and 12% of Disney which owns a number of subsidiaries. Media behemoths that may present themselves as rivals are, in reality, owned by the same company.

This is why we have to seek out alternative sources.

I like to use The Epoch Times, Citizen Free Press, Real Clear Politics, Twitter (I have a large list of people and organizations that I follow), Daily Wire, AsiaTimes, WarRoom, justthenews, Briebart and many others. I stay away from any source that receives significant government funding (NPR, PBS and BBC). Edited to add: I also like Real America's Voice, Glenn Beck, Brownstone Institute and Lou Rockwell. Also Matt Taibbi, Seymour Hersh and Glen Greenwald on Substack.
There is no one source for truth and there are many opinions on politics, war, policy, medicine and well, life. Seek out many alternate voices and work to free yourself of internal biases.

I don't blame BlackRock as much as I do Murdock's liberal children that are now in charge

Quote:

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There is no one source for truth

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Actually there is.... but you won't find it on any TV.

That's very interesting.

So the giant company making money promoting ESG scores owns a very significant share in every major media outlet.

I believe they also own a large stake in Dominion. IIRC... so the Fox lawsuit was in essence just suing themselves - or taking money outta one pocket and putting it in another

ETA - further research on my part showed that may not be accurate.

Aggie95 said:

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I don't blame BlackRock as much as I do Murdock's liberal children that are now in charge

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This is why you need to think long and hard about leaving wealth to your children! When they don't share common values and vision, they will wreck everything that you build.

do blackrock and vanguard own18% of fox news, or do assets under their management invested in fox news account for 18% of its equity? important distinction

Old McDonald said:

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do blackrock and vanguard own18% of fox news, or do assets under their management invested in fox news account for 18% of its equity? important distinction

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It is a clarification without distinction.

You think the hundreds of thousands of folks invested in their funds actually go through the process to cast shareholder votes... or defer to the fund manager and their representatives? Because the latter is what happens and what ultimately matters.

BlackRocks investments are VERY concerning to the future of media in America.

This country is controlled by very few, very powerful individuals and conglomerates. Always follow the money.