Not sure if i've seen the phrase "state capture' as used there. Good one. Am sure you agree it would exist to some degree in every single country in the world. In your link it mentions Bulgaria ..
"Press freedom in Bulgaria diminished to the point it was rated worst in the EU;[9] one oligarch, Delyan Peevski, controls close to 80% of the newspaper distribution market.[10] " https://en.wikipedia.org/wiki/State_capture
which had me, of course, thinking of that proud American Rupert Murdoch (noted getting married again at 92) and his continuing oligarchic controlling of such a large percentage of Australian media:
Media concentration by Murdoch, Nine and Stokes, and ABC cuts, a danger to democracy – report
by Elizabeth Minter | Apr 12, 2021 | Economy & Markets
[...]
Rupert Murdoch’s News Corp owns 59% of the metropolitan and national print media markets by readership — up from 25% in 1984. Nine Entertainment is the second-largest media owner, with a combined 23% readership share.
These two corporations control Australia’s two national mastheads and two daily newspapers in Sydney and Melbourne are controlled by News and Nine. The remaining capital cities have only one daily paper.
Furthermore, “the predominance of News Corp in cross-media settings is unprecedented in liberal democracies”.
At the same time that media ownership has become more concentrated, the budgets of the nation’s public broadcasters, which are key to media diversity, have been slashed, the report notes.
More than $600 million was cut from the ABC over the past seven years. In the decade to 2023/24, the Coalition will have cut the ABC’s budget by just over $1 billion.
Just three corporations – News Corp, Nine, and Seven Media Holdings — collect 80% of Australian free-to-air and subscription TV revenues, with News Corp picking up 40%, almost double that of the next in line Nine.
And just three corporations — News Corp, Nine and Southern Cross Media (and their associated entities) — control almost 90% of the lucrative metropolitan radio licences across the nation.
Dangerous interpretation of news
The report notes that billionaire media moguls like Rupert Murdoch heavily promote an “increasingly dangerous interpretation of what news represents. They measure the worth of news not by its invaluable contributions to the health of our democracy, but by its monetary worth.”