With foreign owners leaving the market, Central European oligarchs are buying whatever they can get their hands on. The region is an object lesson in how vested interests can create a quasi-media monopoly on information.
Viktor Orbán and his closest allies have taken control of most of the Hungarian media. Journalists at loyal outlets are expected to closely follow instructions from the state apparatus; in exchange, they receive advertising money from government institutions.
Putinist trolls are having a good time in Hungary these days. Articles published by pro-Kremlin, anti-immigrant news sites are shared by thousands of readers, often mistaken for actual news stories. Objective journalism has thus been degraded to just one of many possible narratives for interpreting the world around us.