Considering the history of television news a few years ago, iconic anchor Ted Koppel declared that CBS’ 1968 debut of “60 Minutes” forever altered the landscape of broadcast journalism: A news program drew enough advertising to turn a profit. As Koppel told it, “60 Minutes” showed broadcasters that news divisions could make money – which was Read More…
Tag: consolidation
Massive Corporate Consolidation of Local News Underway
In a deal that will allow one broadcasting company to reach 72 percent of U.S. households through ownership of local news stations, it was reported this week that Sinclair Broadcast Group is buying Tribune Media for nearly $4 billion. Such a move wouldn’t have been possible a few weeks back, but Donald Trump’s new Federal Read More…
Mainstream Media Consolidation: The Illusion of Choice
Mainstream media in the United States is consolidated to such a point that there are now just 6 mega-corporations controlling 90% of American TV, print and radio media stations. The consumer is fed the illusion of choice, but in reality, there are a small handful of elite individuals now dictating what you see, hear, read and, ultimately, Read More…