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IPFS News Link • MEDIA (MainStreamMedia - aka MSM)

The Monopoly On Your Mind: These 6 Companies Control 90% Of What You Read, Watch, & Hear

• https://www.zerohedge.com, by Rebecca Strong

Ever-mounting media consolidation has narrowed the perspectives the public is privy to, ownership and funding of these corporations are riddled with conflicts of interest, crucial stories keep suspiciously getting buried, and big tech companies are outright censoring and demonetizing independent outlets trying to break through the noise. The media is supposed to function as a power check — and a means of arming us with vital information for shaping the society we want to live in.

It's never been a more important industry.

And it's never been more at risk.

In this series, I'll tackle each factor threatening the media's ability to serve our democracy — with input from journalists, media critics and professors, and other experts.

TL;DR:

As regulations around ownership have continued to loosen over the last 40 years, the power over the media has become increasingly concentrated. A major culprit is the Telecommunications Act signed by then-President Bill Clinton in 1996, which 72% of the public didn't even know about and no one voted on.

Today, Comcast, Disney, AT&T, Sony, Fox, and Paramount Global control 90% of what you watch, read, or listen to. These companies spend millions on lobbying each year to sway legislation in their favor.


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