Does BlackRock Own ALL the Media?

BlackRock does not own all the media, but it does have a significant stake in many major media companies. According to a 2023 report by the Institute for Public Accuracy, BlackRock and Vanguard are the two largest shareholders in the six major media companies that control more than 90% of the U.S. media landscape. Together, BlackRock and Vanguard own 18% of Fox, 16% of CBS, 13% of Comcast, 12% of Disney, and 12% of News Corp.

According to a 2023 report by the Institute for Public Accuracy, BlackRock and Vanguard are key players, emerging as the largest shareholders in six major media companies that collectively dominate over 90% of the U.S. media landscape. But that's not all; beyond their shares in major media giants, BlackRock's influence extends to a significant number of smaller media companies. For instance, did you know that BlackRock is the largest shareholder in Sinclair Broadcast Group, which owns a staggering 223 television stations across the United States? Not to mention their stake in Graham Media Group, which owns 40 television stations and several popular magazines.

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