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16.4.2022, Prague, the Editor.
On 15.4.2022 this information written by Rebecca Strong appeared in ˇThe Defender’, USA, directed by Robert Kennedy. We offer the the essentials:
Command from one media vortex.
Increasing media consolidation has narrowed the perspectives to which the public has access. The ownership and financing of these corporations are plagued by conflicts of interest, and big tech companies are openly censoring and demonetizing independent media. Supreme Court Justice Louis D. Brandeis once stated, “We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we cannot have both.” La tiranía de los medios digitales.
In a recent poll that, conducted on Twitter, nearly 90% of people rated their trust in the ‘mainstream media’ as “very low” or “low.” Not surprising at all. It is a symptom of the control of the media world
The media shapes our society in many ways. They tell us what world events deserve our attention. They have the power to influence what we buy. By influencing our opinions on everything from immigration, healthcare, education and the environment to individual political candidates, they can also have significant influence when it comes to elections. https://Los engaños de los ´mainstream media´
Media standardization
Studies have shown that media coverage sometimes has a strong impact on criminal court decisions, particularly in violent crimes. And by influencing consumers and investors, our current 24-hour, real-time news cycle can influence our economic climate, driving the market values of certain industries and companies.
Information from most of these sources comes from the same few conglomerates. Year after year, economic power has become increasingly concentrated in numerous sectors, such as technology, healthcare, banking, airlines and pharmaceuticals.
In fact, mergers reached a record $5.8 trillion in 2021. If you’ve ever studied Economics 101, you probably know that monopolies are great for suppliers and bad for consumers: by eliminating competition, they give corporations in control no incentive to improve, innovate or meet our needs, wants and expectations.
The big six
Today, just six media conglomerates in the USA – Comcast, Disney, AT&T, Sony, Fox and Paramount Global (formerly known as ViacomCBS) – control 90% of what you watch, read or listen to. To put it in perspective: that means some 232 media executives have the power to decide what information 277 million Americans can access. In 2021, the “big six” earned a total of more than $478 billion in revenue. That’s more than the GDP of Finland and Ukraine combined.
The problem extends to print media and radio giants as well: HeartMedia owns 863 radio stations nationwide, while Gannett owns more than 100 U.S. newspapers and nearly 1,000 weeklies.
A 2021 MCS study found that interconnections between newspapers and other companies are only revealed to readers half the time, and never appear in articles published by certain conglomerates, such as Gannett and Digital First.
