
The Boycott Media Accountability Team today released its latest findings from the Ad Block Consolidation Watch campaign, detailing a significant and alarming trend in local media finance. Our investigation confirms that a limited liability corporation (LLC) with anonymous principals has quietly acquired majority shares in three of the largest programmatic advertising networks serving the regional news market. This move represents a near-monopoly on ad revenue distribution, creating a critical financial risk for any local news organization not aligned with the LLC's ultimate owners.
Media consolidation is rarely about one paper buying another anymore; it is about acquiring the infrastructure that controls the money. By controlling the ad networks, this LLC gains the power to dictate which news sites receive high-value advertising and which are starved of necessary revenue.
A central tenet of the Boycott Media campaign is transparency. The LLC in question, which we have identified as 'Metropolitan Media Fund VI,' is structured specifically to obscure the identities of its beneficial owners. This lack of transparency is highly corrosive to public trust. We are unable to confirm whether the owners have active political or business interests in the region that could be directly influenced by the editorial content of local news organizations.
The findings of this report reinforce the urgency of our legislative efforts. The public must push back against these hidden forms of control.