The Publishing Layer — Books and Academia
Even the alternatives have the same owner
Penguin Random House (Bertelsmann): Private, but distribution through Amazon (Vanguard 6.6%, BlackRock 5.7%). HarperCollins (News Corp): Vanguard 10.2%, BlackRock 7.6%.
Also in Big Three Media Ownership
The Ownership Map — Who Owns the NewsSEC 13F ForensicsThe Distribution Layer — Platforms Are Also OwnedThe pipe and the water share an ownerThe Advertising Layer — Revenue as Editorial ControlWho pays the bills decides the coverageThe Implication — No Independent Fourth EstateStructural capture, not editorial control