Billionaires are Rapidly Changing TV News & Not in a Good Way

Billionaires are Amassing a Huge Concentration of Mass Media Assets, in What Appears to be the Privately Owned Propaganda Press

September 18, 2025 / New York City News / NYC Billionaire Press Billionaire TV News & Free Speech in America / News Analysis & Opinion / Gotham Buzz.

All six TV Networks are controlled by billionaires [or folks whose wealth rounds up to billionaires or are members of billionaire families]. Increasingly they appear to be turning the TV networks into privately controlled propaganda machines. Too often they appear to resemble Rupert Murdoch's mistreatment of the truth in the news. This means they seem to omit key facts and even entire stories from view, while amplifying falsehoods and outright lies spoken by politicians and their teleprompter readers alike, which go uncorrected, leaving those who still trust Network TV News, ignorant and in the dark as to what's really going on in this country.

Network TV News Corps Appear to be Trading Journalistic Integrity for Media Market Share so they can Price More Aggressively. America Beware, as they will have Even More Influence over what you / we Americans see, hear & think.

Colbert was cancelled by CBS and numerous seasoned journalists departed for journalistic integrity reasons. CBS appeared to be compromising their integrity, as Colbert is the top rated show in the time period. But Trump doesn't like Colbert, and CBS had a merger deal that needed to be approved by the Trump Justice Department and FCC, so poof, Colbert cancelled. CBS denies this reasoning, saying they have other [unannounced] plans.

Disney / ABC paid off Trump in a lawsuit many attorneys were sure they could have easily won. And this week Disney / ABC took the Jimmy Kimmel Show off the air for making an opinionated comment of which Trump didn't approve, on the Kirk assassination shooter. Kimmel had joked that the shooter was a MAGA Republican which he does not appear to be, although reportedly the rest of his family is.

The alleged shooter was reportedly in a relationship with someone working through gender identity issues, which is just one of the many important issues of our day, that billionaire TV News repeatedly fails to fully inform upon. This link will take you to the Metropolitan Museum website, of a past photo exhibit, wherein in the mid 1800's a French photographer documented a hermaphrodite, which is someone with both male and female genitalia. That's a fact, that I have NEVER seen raised nor discussed by the flunkies on TV News, who don't seem to be knowledgeable about the world around them, and definitely far too often, just simply do not do their basic homework on important issues.

And the sad thing is that this translates to an increasingly ignorant American public, as up until this year TV was the dominant news source. This year news on the web FINALLY passed TV News, and I am hoping that that trend will accelerate as more Americans start paying attention to how badly TV News fails them, daily.

If you decide to click this link you'll encounter what is likely a shocker to most folks [was to me the first time I saw it at the Metropolitan Museum exhibit in the late 1990's]. But the idea isn't to shock, but rather to instruct - Metropolitan Museum photo exhibit by Nadar of hermaphrodite.

• CLICK to view the rest of this report about how the NYC billionaire press is taking over free speech in America. GB.

Billionaires are Rapidly Changing TV News & Not in a Good Way

Billionaires are Amassing a Huge Concentration of Mass Media Assets, in What Appears to be the Privately Owned Propaganda Press

September 18, 2025 / New York City News / NYC Billionaire Press Billionaire TV News & Free Speech in America / News Analysis & Opinion / Gotham Buzz. Continued.

Disney / ABC's largest TV affiliate stations group, NexStar, which also does their own CW News Show with Chris Cuomo [Mayoral candidate Andrew's brother] objected to Kimmel's comments in tandem with the FCC disapproval by Brendan Carr, Chairman of the FCC and a Trump appointee. Pulling a show or a show host off the air isn't normal, per se, but it is also not unprecedented, as I was able to fairly easily find between 14 - 30 examples of this being done in the past few decades. But this is the first time a sitting U.S. president has ever started targeting TV outlets and shows for cancellation.

NexStar also has a merger pending with Tegna, a TV stations group, which it is believed will likely put NexStar in violation of the TV stations license ownership cap, which is a violation of the law. Hence they will need Trump FCC approval for the merger, and may have to divest some of the acquisition after it.

And Disney / ABC also has a pending merger for Fubo TV which is a sports network, for which it also need FCC approval. Disney / ABC already controls five flavors of ESPN, as well as ACCN and SECN which are two sports streaming services.

I don't mean to ignore NBC, as they also settled a lawsuit with Trump that many attorneys believed they could have won. And previously this year CBS had also settled a lawsuit regarding 60 Minutes that attorneys were sure they could have won. The new CBS owner, Larry Ellison (and his son), is also reportedly in talks to acquire Tik Tok, which will give him an enormous amount of control over U.S. media.

These are not Your Parents' or Grandparents' Network TV News Corps, but Rather More Akin to Billionaire Controlled, Politician-Promoting, Profit-Pursuing, Privately Owned, Propaganda Machines

Billionaire broadcast TV appears to be trading in journalistic integrity and the good of the nation for the bottom line. And Trump is encouraging and enabling them to do so. TV News had already insidiously become an increasingly unreliable information source. Many [possibly most] of the high quality journalists have departed or retired; and they have been replaced by unctuous, inexperienced teleprompter readers, who I oftentimes wonder whether they understand the context and significance [or lack of significance] of the superficial headlines they've just read.

At least on social media, on search, and on the rest of the intenet you can find the truth if you look for it, as there are a variety of information sources, with a variety of points of view, and you get to decide who makes the most sense, who has the most reliable sources and ultimately who and what to believe based on facts, not theatrics and labels and market share.

ON THE BRIGHT SIDE. Currently 52% of Americans get some or all of their news off the web, surpassing TV this year as the dominant news source. My wish target for U.S. news consumption on the web is 62% by the time Stephen Colbert is off the air at CBS in May 2026. You can help, by empowering your family & friends, by facilitating the transition of their news consumption from the manipulative billionaire TV News to People Powered News Sources on the web. Click the link in the next paragraph to go to a new section we started to help people better understand what's going on. It's in its very early stages, so please bear with us, as we'll start populating it with information that will help put things in perspective. But for starters, we did include a small draft list of mostly web, but also TV, newspaper and radio sources, that we generally think are reliable and facts based in their reporting. I say that with the caveat that news source reliabilty changes with ownership and staff, so keep that in mind. Everything is in a state of flux these days, as you already know and as you will also see.

As this isn't a simple issue, I'm going to leave off here, but I'm planning on doing more reporting on this topic, which you'll be able to find in our billionaire TV news and the privately owned propaganda press section. BK.