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To an extent, yes. "Video streaming giant Netflix" would suffice.
The obfuscation is on purpose. The media (which, I must remind you, is all completely owned by the billionaire class) is afraid that in telling you who and what Blackstone is, there will be cheering for the death of this person instead of remorse. This is due to the whiplash they experienced in reporting on the death of that healthcare CEO back in December.
Expect more of the same kind of reporting going forward if/when a capitalist dies from misfortune.