I don't know enough about business to comment, but this doesn't sound like a flourishing company - scrambling to consolidate holdings at great cost, in order to then sell them off immediately more-efficiently. 

Maybe they should just sell off everything to the government so they can start something like Russian T.V. or the BBC - then eliminate all private mass media based on some future, contrived "national emergency". 

Who will stop them?

Sorry, I have been reading William Gibson novels again and it darkens by view. He is overly optimistic about the chances that the free Peoples of the Earth will triumph over Oligarchic/Plutocratic Tyranny in the next century.