Confucius
Thirty years ago, the diversity of the world's news media was broad. In 1983, some 50 companies owned "the media" in the US and the world; obviously, with so many companies vying for listeners, viewers and readers, competition was intense -- not just for audience but for advertisers as well.
Fast forward to 2014: That field of media companies has been winnowed down to just a half-dozen companies: Time Warner, Disney, Murdoch's News Corporation, Bertelsmann of Germany, Viacom (formerly CBS) and General Electric-owned NBC.
In a word, that's pretty scary
These corporate behemoths control most of what we watch, hear and read every single day. They own television networks, cable channels, movie studios, newspapers, magazines, publishing houses, music labels and even many of our favorite websites. Sadly, most Americans don't even stop to think about who is feeding them the endless hours of news and entertainment that they constantly ingest.
Michael Snyder - Economic Collapse Blog Visit the link to see who owns what…
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We used to have anti-monopoly rules on the books... what-ever happened to those???
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