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The subtext is now text!

- Media companies don’t investigate their owners
- Owners can set editorial policies
- Non-aggression pacts exist

So, media companies like Bloomberg are just corporations that serve their owners’ interests. Neither fake news nor privileged class.
I actually like Bloomberg as a person (centrist, effective), though Bloomberg as a news organization leaves much to be desired (eg unretracted Big Hack story).

But this quote is a Rosetta Stone that explicitly admits what is often denied. And it’s probably broadly applicable.
Btw, note that the win here comes from the absence of adversarial coverage (“we will continue our tradition of not investigating”) as opposed to the presence of positive coverage.

Hagiography is obvious, but lack of criticism and non-aggression pacts are deniable.
“We will continue our tradition of not investigating”

That’s the ballgame right there, folks.
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