[kloncks]

Yes it was. See Newspapers/media barons.

[edanm]

Weren't those usually private companies?

[kaycebasques]

Which ones?

[atypeoferror]

New York Times is a good example:

https://en.wikipedia.org/wiki/The_New_York_Times#Ochs-Sulzbe...

[kloncks]

NYT is big one that I know, but others include:

News Corp, Sinclair, WaPo, NYT

Other media companies in general.

[jstalin]

Ford.