Posted on 07/23/2019 2:41:51 PM PDT by ransomnote
Media has never been more consolidated than it is today. In fact, just 6 media giants now control a staggering 90% of what we watch, read or listen to. In this infographic from Frugal Dad, learn who these companies are and discover just how much power they hold.
That graphic was from 2012. The various networks and channels all use the same words in their reportage - are they just one company now? With maybe a few hold outs?
The Mueller trial tomorrow - the Media will all say exactly the same things and many in my family and among my friends will believe it because “How could so many people agree on the same things?” Gah! Because they ARE OWNED by Trump’s enemies! *smh*
GE is off the list they sold all their holdings to Comcast and are not a major stock holder of that company. Comcast should be there instead.
Per Wikipedia
https://en.wikipedia.org/wiki/Concentration_of_media_ownership
“As of 2018, the largest media conglomerates in terms of revenue rank Comcast, The Walt Disney Company, AT&T, CBS Corporation and Viacom per Forbes.
In nations described as authoritarian by most international think-tanks and NGOs, media ownership is generally something very close to the complete state control over information in direct or indirect ways.[citation needed]”
Until BJ Clinton’s Telecommunications Act of 1996, literally for the children, no one could own more than 10 media outlets.
CBS & Viacom are in active merger discussions as the Sumner Redstone Family has large stakes in both companies.
I hope that they finally sock it to IHeart Media, they have ruined local radio. They are an ATM for Bain Capital, and they are down to one on-air person in this market. All the rest of the programming is out of Austin or some other syndicator.
Two years of an investigation and ‘leaks’ to the New York Times, Washington Post and MSNBC wasn't enough.
An issued report wasn't enough.
A few thousand op-eds in local papers wasn't enough...
Hollywood reading the report out loud wasn't enough...
I assume the next effort will be intelligence agents holding bullhorns aimed at our homes reading the report while we're forced to stand outside listening...
And after all this - these folks didn't spend ten minutes on Hillary destroying evidence — because they're biased corrupt hypocrites...we don't give a damn about what they have to say...
Ping to Semimojo.
These are all publicly traded companies. Why not buy the stock and force changes in management? Everyone here loves a good boycott, perhaps they need to get together for a “buycott.”
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” - Adam SmithThe wire services - which started before the Civil War - constitute continual virtual meetings of “people of the same trade” of journalism. For that reason alone, it is obvious that journalists must be conspiring against the public.
In fact, that conspiracy is hiding in plain sight - it is the propaganda campaign to the effect that “journalists are objective.” First, it can’t be true. Objectivity is a laudable goal, not a state of being.
Second, it is cynical - in the sense that claiming that “negativity is objectivity” is the essence of cynicism, and journalists know perfectly well that journalism is systematically negative (“If it bleeds, it leads).
Further, the claim that “journalists are objective” requires journalists to conform ideologically. Any journalists who doesn’t conform risks being labeled, “Not objective, not a journalist."
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