E189 - The Financialization of Modern Media w/ Andrew deWaard
American Prestige
The Power Players of Investment: Big Three and Beyond
This chapter explores the significant influence of major investment firms like BlackRock, Vanguard, and State Street, alongside the emerging Fidelity, on the U.S. stock market and corporate governance. It raises important concerns about horizontal shareholding in industries like media, highlighting the implications for competition and corporate responsibility.
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