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90% of Mainstream Media Controlled By 6 Media Giants (Infographic)

22 pointsby yottabyte47over 13 years ago

3 comments

mwshermanover 13 years ago
There my be some interesting facts underneath it, but unfortunately it’s largely gibberish. Or more fairly, its conclusions are gibberish.<p>For example: “Comcast’s NBC merger guarantees monopoly of 11 US markets”. Um, monopoly in what, exactly? What monopoly didn’t exist before the merger, but now does?<p>What is “90% of American media”? What is the unit of measure? Where is Apple on the list? Google?<p>As far as I can tell, this is an accounting of legacy media, which are indeed shrinking and (not surprisingly) consolidating.<p>Sources of information and opinion, however, are more frighteningly numerous than they’ve ever been.
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andrewfelixover 13 years ago
Regarding News; I'm increasingly going to twitter for my news these days. You can't verify individual sources, but at scale you can see events happening that traditional media either can't verify, or choose to ignore. eg. crackdowns in Syria, Occupy Wall St.<p>My wish is that in 10 years time these large media companies will only be relevant to entertainment production. News reporting will come from a giant network of individuals. News spin and information manipulation will become almost impossible.
gfodorover 13 years ago
It'll be fun in ten years once this gets consolidated down to 3 (or maybe 2!) big companies, when we'll be looking back at the good old days where you had such a wide variety of competition.