Earlier quoted context omitted.
FAG are America's new Hollywood. Hollywood was an important leg to establish worldwide cultural hegemony for the US during the 20th century. With the internet taking over to shaping culture, the US had to adapt. And it did, and again controls most of the important channels that influence culture worldwide.
Poor choice of acronym. Please change it, there’s a reason no-one else has used it.
To not confuse with the bearing manufacturer of the same name?