Just as worrisome is the merging of delivery/distribution ( ISPs ) with content.
> You can mark this as another major event in the consolation and monopolization of news and entertainment under a rapidly growing singular corporate umbrella.
Not just news and entertainment ( and ISPs ). The past decade has seen tremendous consolidation in banking, pharma, agriculture/seed, food and even the tech industry. It's funny how a decade after "too big to fail" banks and promises to break up banks to prevent systematic issues in the future, those banks are much bigger today. They pose an even greater systematic problem.
We know with monopolistic industry, it only leads to corruption and then price fixing as there is no room to expand. When it's a handful of companies control an entire market, then the next logic step is price fixing because there is no more room to maneuver. Look at the lysine price fixing scandal of the 90s.
It is strange how both political parties are so supportive of the monopolization of the nation. All the while saying they are for competition, diversity and workers.
As more and more wealth and power is concentrated on fewer and fewer companies/institutions, politicians will be even more beholden to the interests of the wealthy.