Report: 15 Billionaires Own America’s Media Outlets

Forbes: News that billionaire Peter Thiel is funding Hulk Hogan’s trial against Gawker set the media and technology worlds on fire last week, sparking a conversation about the ultra-wealthy’s role in controlling the news. While a billionaire secretly funding a lawsuit to take down a news outlet may be a new way of using money to influence the media business, billionaires have long exerted influence on the news simply by owning U.S. media outlets.