Control of the Media San - 17.06.2002 07:56
Congress Can No Longer Ignore Corporate Control of the Media. One of our best-kept secrets is the degree to which a handful of huge corporations control the flow of information in the United States. Whether it is television, radio, newspapers, magazines, books or the Internet, a few giant conglomerates are determining what we see, hear and read. And the situation is likely to become much worse as a result of radical deregulation efforts by the Bush administration and some horrendous court decisions. Television is the means by which most Americans get their "news." Without exception, every major network is owned by a huge conglomerate that has enormous conflicts of interest. Fox News Channel is owned by Rupert Murdoch, a right-wing Australian who already owns a significant portion of the world´s media. His network has close ties to the Republican Party, and among his "fair and balanced" commentators is Newt Gingrich. NBC is owned by General Electric, one of the largest corporations in the world ?8212? and one with a long history of anti-union activity. GE, a major contributor to the Republican Party, has substantial financial interests in weapons manufacturing, finance, nuclear power and many other industries. Former CEO Jack Welch was one of the leaders in shutting down American plants and moving them to low-wage countries like China and Mexico. ABC is owned by the Disney Corp., which produces toys and products in developing countries where they provide their workers atrocious wages and working conditions. CBS is owned by Viacom, another huge media conglomerate that owns, among other entities, MTV, Showtime, Nickelodeon, VH1, TNN, CMT, 39 broadcast television stations, 184 radio stations, Paramount Pictures and Blockbuster Inc. http://www.commondreams.org/views02/0615-03.htm |