Promoting LGBT kids' books, 'glory holes': 5 shocking discoveries in Fox News leak
5. Fox’s largest shareholders are BlackRock & Vanguard Group
Walsh concluded his Twitter thread by attempting to come up with an explanation as to why Fox embraces activism at odds with the values of its viewers and the purported views of Fox News. “Do the executives and owners just not know what’s happening in their company?” he asked. “Do they not care? Do they actually support this nonsense?”
The commentator offered up an answer to his questions, implying that “maybe Fox leadership isn’t concerned with how the audience feels because they’re not really beholden to those viewers at all.”
After sharing a picture illustrating the “enormous institutional investors” of BlackRock and Vanguard Group as Fox’s largest shareholders, Walsh lamented that “these massive funds consolidate the wealth of millions of Americans, and then use their combined voting power to pursue a radical agenda most of those Americans oppose.”
Get Our Latest News for FREE
“They are Fox’s real customers,” he added. “And they’re getting exactly what they want.”
24/ Or maybe Fox leadership isn’t concerned with how the audience feels because they’re not really beholden to those viewers at all. Like YouTube, some of Fox’s largest shareholders are enormous institutional investors, particularly @BlackRock and @Vanguard_Group. pic.twitter.com/6FavE40SET
— Matt Walsh (@MattWalshBlog) June 15, 2023
Ryan Foley is a reporter for The Christian Post. He can be reached at: ryan.foley@christianpost.com
