We study whether media takeovers are associated with changes in the political positioning of news outlets. Across nine ownership changes spanning four languages and varied acquirer profiles, we find that aggregate outlet-level shifts are generally modest, but mask selective, actor-specific repositioning toward particular political figures and ideological blocs whose magnitude and direction vary by acquirer. A three-level decomposition — outlet, ideological bloc, individual actor — is combined with in-time placebo tests, within-outlet triple-interaction contrasts and entity-month re-estimation to separate the effects that withstand pre-trend and multiplicity checks from those that do not. We obtain these findings using a multilingual, entity-centered pipeline over CC-News that masks target politicians before zero-shot target-oriented sentiment classification and estimates changes via difference-in-differences against country-matched control media. These results suggest that aggregate stability masks a redistribution of tone across politically salient actors rather than uniform outlet-wide slant shifts.