The best description of the ownership structure of the media in the United States is that

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The media in the United States are mostly owned by a small number of giant corporations, such as ViacomCBS, Disney, Comcast, and AT&T. These corporations own not only the television networks, but also cable channels, radio stations, and newspapers. While some newspapers may still be held by local companies, other media outlets tend to be owned by these large corporations.

The Best Description of the Ownership Structure of the Media