A cabal of tech-billionaires is colluding with once-idealistic journalists to create an entirely new media landscape.
Owned is the story of the underreported and growing collusion between new wealth and new journalism. In recent years, right-wing billionaires like Elon Musk, Peter Thiel, Marc Andreessen, and David Sacks have turned to media as their next investment and source of influence. Their cronies are Glenn Greenwald and Matt Taibbi-once known as idealistic and left-leaning voices, now beneficiaries of Silicon Valley largesse. Together, this new alliance aims to exploit the failings of traditional journalism and undermine the very idea of an independent and fact-based fourth estate.
Owned examines how this shift has allowed spectacularly wealthy reactionaries to pursue their ultimate goal of censoring critics so to further their own business interests-and personal vendettas-entirely unimpeded while also advancing a toxic and antidemocratic ideology.
A rich history of the decades-long rise of this new right-wing alternative media takeover, Owned follows the money, names names, and offers a chilling portrait of a future social media and news landscape. It is a biting exposé of journalistic greed, tech-billionaire ambition, and a lament for a disappearing free press.
"Over the last three decades, Big Tech has disrupted many industries, not least the media, a transformation that is as much about ideological push to the right as it is the creation of new platforms and business models. In Owned, Eoin Higgins expertly, carefully, and devastatingly traces the career trajectory of two prominent and important journalists, Glenn Greenwald and Matt Taibbi. Their decades-long journey from the world of blogging and alternative journalism into the snug patronage of billionaires is a story with profound and troubling implications for the future of journalism and unfettered thinking. Never pulling any punches but always hitting fairly, Higgins has written an important book."
"This book offers a dogged accounting of how prominent left-liberals joined an ascendant choir of far-right voices, providing insightful analysis of how a group of reactionary tech billionaires have backed this transformation. We can only escape this nightmare if we understand how we got here-Owned shines some much needed light into the darkest recesses to today's mediascape."
"With rare brilliance, Higgins documents a crucial political shift, and lucidly explains how it has happened."
"Owned is an impressively researched look into the decades long partnership between tech oligarchs and the authoritarian right that have a vested interest in keeping us all less informed and perpetually agitated, and some of the key players who have benefited most from our collective loss."
"Owned is a vital account of the deeply troubling influence tech moguls wield over the news industry. Higgins expertly tells the story of how thin-skinned hostility to scrutiny and criticism led a clique of right-wing billionaires to subvert journalism by capturing or silencing critical voices. Anyone who wants to understand the media landscape of the 21st century needs to read this book. They want us to live in a world where we only hear what they want us to hear. But in Owned, Higgins does what really fearless independent journalists do best: tells us what we need to know."
