12 December 2008

And then there were 5..

(Chart Source: "The Great Media Monopoly"... Click on the chart to make it large enough to read.)

One of the reasons the idea of independent news sources appeals to me is the fact that in 1983, when I was a mere 9 years old, there were 50 corporations that controlled the majority of the media in the United States. 10 years down the road, this number dwindled down to fewer than a dozen corporations. Flash forward to 2004, and there are only 5 corporations that control the majority of American media: Viacom, AOL/Time Warner, News Corp, Clear Channel, and Disney.

Today, these same 5 corporations are holding onto the media with strong hands.

For more information on this...well outrageous...issue, begin with:

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