Austin Escorts: The First Anchorman
Today, the mainstream media is in a sorry state. Six corporate media giants with a stranglehold on information, control most of what we see, hear, and read. The five largest are AOL Time-Warner; the Walt Disney Company that now owns the ABC Television Network; Bertelsmann, a German firm with more than $15 billion in media assets; Sumner Redstone’s Viacom that owns CBS; Rupert Murdoch’s News Corporation that controls and runs Fox News on TV and the New York Post on paper and all the news they fix to print.
In addition, they all have interests in major movie studios, other TV channels and networks, cable companies, most of the music companies, book publishing, retail stores, amusement parks, video games, and merchandising and on and on.
Such a concentration of media power in so few hands violates every known theory of a free market place of ideas that is the essence of democracy.
“While television is supposed to be free,” said Walter Lippmann, prominent journalist, in 1959, “it has, in fact, become the creature, the servant and indeed the prostitute of merchandising.”
See the full article from “CounterPunch”