In an era of intense partisanship and plunging public trust, America's news media faces a crisis, not only from bias or misinformation, but also from who owns and controls the flow of information. This ownership crisis threatens democracy itself: a strong republic depends on informed citizens, who in turn rely on trustworthy news. The American news media have long been dominated by private conglomerates that control much of the broadcast, print, and digital media. While compl