https://en.wikipedia.org/wiki/Media_conglomerate
If you go to the local level, John Oliver did a segment on Sinclair Broadcast Group that owns a bunch of local news stations and pushes political propaganda to them.
http://www.indiewire.com/2017/07/john-oliver-local-news-cons...
The point being is you have all our media digestible content, particularly news, controlled by a handful of corporations.
https://en.wikipedia.org/wiki/Nexstar_Media_Group
https://en.wikipedia.org/wiki/Sinclair_Broadcast_Group
Sinclair, the one Oliver mentions, covers 40% of US households and is only the second largest next to Nexstar.
You don't think Oliver is above propaganda do you?
Disagree. Why do you think anyone "owning the media" would be a giood idea, let alone an acceptable one.
I definitely think it's better for individuals and regulated corporations to own it than for the media to be state-run.
Somebody is going to own the media. It just so happens that Murdoch started some media outlets.
It's much better than the media being state-run.