From FoxNews.com…
As Elon Musk attempts to purchase Twitter, many journalists and political commentators have viewed the Tesla CEO’s plans to take over the social media giant as detrimental, and have slammed the idea of billionaire ownership, yet several liberal media organizations are themselves owned by billionaires.
Musk revealed that he purchased a 9.2% stake in Twitter earlier in April and has since offered to buy the remaining shares of the social media company for $43 billion. He also declined to sit on the board of directors prior to offering to buy the company and take it private.
Many media figures have criticized Musk’s moves as that of another ultra-wealthy figure with too much power and harmful to democracy and free speech.
Supporters of Musk and critics of the media pushed back on this narrative, highlighting several liberal media organizations that are owned by billionaires but without the public pushback.
The Washington Post
Amazon founder and billionaire Jeff Bezos purchased the Washington Post in 2016 for $250 million.
Some of the paper’s columnists have vocally opposed Musk’s efforts. The left-leaning media outlet published a column from former CEO of Reddit Ellen K. Pao headlined, “Elon Musk’s vision of ‘free speech’ will be bad for Twitter.”
“Musk’s appointment to Twitter’s board shows that we need regulation of social-media platforms to prevent rich people from controlling our channels of communication. For starters, we need consistent definitions of harassment and of content that violates personal privacy,” Pao wrote.
