Media moguls are vilified today for presumably meddling in the affairs of news organizations. Whether or not that is true in the real world, in the fictional world this has been portrayed as such since the early 1970's.
Morgan Edge was a wealthy publisher who assumed control of the Daily Planet and quickly meddled a television station, WGBS, to both the iconic building and and organization. Hiring Clark Kent (Earth-One's Superman) as the anchorman of the nightly newscast, he added a whole new layer of complexity to Kent's life. Behind the scenes, he had been cloned by Darkseid's minions to serve as a facilitator for the criminal Intergang. When this phony was exposed, the real Edge was vindicated, at least as much as he could be given his sometimes questionable judgments.
His counterpart was also a driven individual, son of a infamous congressman, A. K. O'Fallon gained control of the Capital Globe wherein he expose his father's old nemesis... Earth-Two's Justice Society of America, including Superman. Seeking to exploit a diary written by a mentally unstable Batman towards the end of his cancer-consumed life, Fallon was instrumental in instigating a congressional trial whereby the heroes were accused of treason against the country. During the proceedings, Fallon enlisted the aid of the criminal Wizard in his schemes, and ended up being humiliated in the court of public opinion when the JSA proved their innocence after recollecting their history.