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Thread: How Just 6 Corps Own 90% of The Media

  1. #1

    How Just 6 Corps Own 90% of The Media

    We have known for quite some time now that the flow of information is tightly controlled within the mainstream media system, but one graphic really highlights just how tightly controlled the information we are delivered truly is — and how a total of only 6 corporations run the show.
    From Time Warner (CNN, HBO, TIME) to GE (NBC, Comcast), a whopping 6 corporations control 90% of the mainstream media within the United States. And what’s more, the amount of revenues from the tightly controlled mainstream media machine are enough to beat out Finland’s entire GDP, buy every NFL team 12 times, and fund the government bailout of General Motors 5 times. Checkout the powerful graphic below and share it with others to inform them as to how controlled the media really is:
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


  2. #2
    Hi,

    Sad, but that is how it has been forever. Just think tell any story to the right people and the world will here. William Randolph Hearst did that years ago with his empire and it has never changed.

    Sami
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  3. #3
    Quote Originally Posted by Sami4u View Post
    Sad, but that is how it has been forever.
    How it has been forever when in 1983 90% of the American media was owned by 50 corporations compared to 6 today?

    I think people don't realize the negative effect of centralized power. If you pay attention during the last 10 years,. there is an acceleration of merging corporations in every industry. This mean that people have less choice and be much more dependent to these centralized powers.

    Remember that the function of cartels are a few holding power to control everybody, by policy, price, availability, etc In other words, there is no free market, people lose freedom of choice and liberties.
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


  4. #4
    The consolidation started after WWII. Prior to that, almost all magazines and newspapers were independently owned.

    Note that 5 out of the 6 of the media mega-giants are extremely liberal. Only one, News Corp, is conservative. George Soros is reported to be a big financial backer for many of the liberal media outlets.

    I call it the Big Brother consolidation. The only way that people will believe the crap they spew is if they think it is part of mainstream thought.
    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." -- Benjamin Franklin


  5. #5
    Think Media Consolidation Is Good for Journalism? Think Again

    The Federal Communications Commission is pushing a plan to gut its 30-year-old newspaper/broadcast cross-ownership ban. This proposal would allow one company to own a local paper, two TV stations and up to eight radio stations in a single market. Advocates of more media consolidation argue that allowing TV stations and newspapers to merge is critical to cutting costs and saving local journalism.
    This is the same argument the Bush FCC used to try to push through the same bad rules in 2007. Back then, the Senate voted the rules down and the courts later threw them out. It’s time to put this argument to bed for good: More media consolidation won’t save journalism.
    Banks have toxic assets. Journalism has media consolidation.
    When we think about the state of journalism today, let’s not forget that media consolidation is largely what got us into this mess in the first place. Newspapers and TV stations have long been hugely profitable enterprises — and many still are.
    Rick Edmonds at Poynter recently highlighted the fact that 2012 was a good year for newspaper stocks. Indeed, the top publicly traded newspaper companies remain quite profitable. In 2011, the McClatchy Company enjoyed 27 percent profit margins, Lee Enterprises had 24 percent profit margins and the Gannett Company’s profits were at 22 percent.
    This sounds good, but not that long ago many media companies reported 30 or 40 percent profits. But instead of investing in their product during those flush times — hiring more journalists, diving head-first into the Web — most companies went on a buying spree. The biggest news organizations in the country got over-leveraged with debt as they gobbled up competitors.
    Ad revenue eroded as a result of the economic downturn and the media companies’ failure to invest resources online. These companies could have weathered all of this if they weren’t also drowning in debt.
    As media companies are bought and sold, as they go bankrupt and get traded by private equity firms, the people who get hurt are journalists and communities. Journalists lose their contracts or their jobs and communities are left with newspapers whose revenues are used only to pay off debt.
    Read the entire article there: Think Media Consolidation Is Good for Journalism? Think Again
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


  6. #6
    The media is almost completely controlled in some markets. When I go to Minneapolis there are no conservative or neutral media broadcasts unless you pay for cable and get Fox News. All local news (radio, TV and newspapers) is filtered so people never hear about 90% of the crap going on with the Obomber administration. Even the local conservative talk radio AM station (KSTP) was purchased a few years ago and turned into a sports station. Big Brother has taken over many cities in the USA, yet the local people do not believe that is possible or is already happening. Many people in the older generation do not have Internet access or cable TV, so their news is 100% controlled by the liberals, which is how morons like Al Franken get elected.

    Liberal media cannot survive when it has to compete with the truth. A good example is Air America, the nationally syndicated liberal radio station. That station went bankrupt several times before it finally disappeared. Al Franken was one of their talk show hosts. Air America was filled with more propaganda, warped perspectives on issues, and outright lies than anything I have heard elsewhere in my entire life.
    "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote." -- Benjamin Franklin


  7. #7
    Quote Originally Posted by TopDogger View Post
    Air America was filled with more propaganda, warped perspectives on issues, and outright lies than anything I have heard elsewhere in my entire life.
    Interesting that you mentioned all of that, because the socialists used the very same method in France. Their target is the young people, and their recipe appeals often most young rebellious people.

    Whatever side, it will fit an agenda, people need to think for themselves.
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


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