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Wednesday 18 September 2013
Six Male Billionaires Decides What 300 Million People Watched on TV, Saw In Movie Theaters, Heard On The Radio, And Read In Every Major Newspaper?
What if six male billionaires decided what 300 million people watched on TV, saw in movie theaters, heard on the radio, and read in every major newspaper?
What if those six men, including the country's biggest defense contractor, chose which projects got green-lighted and which actors were cast?
Some would call it an Orwellian nightmare, but artists and thousands of other U.S. citizens call it reality. More precisely, it's called media consolidation: the popular practice of international corporations monopolizing media outlets such as TV stations, movie studios, and newspapers.
As it stands, six companies own 90 percent of the media holdings in the United States:
1. Viacom, which owns Paramount, CBS, MTV Networks, and DreamWorks;
2. Disney, whose subsidiaries include ABC, Miramax, Pixar, Touchstone, Walt Disney Studios, and Walt Disney Theatrical;
3. Time Warner, parent company of Warner Bros., HBO, half of the CW (co-owned with CBS Corp.), CNN, and AOL;
4. General Electric, which owns NBC Universal;
5. Bertelsmann, whose holdings include Sony and BMG Music Publishing;
6. News Corp., owner of 20th Century Fox, Fox Broadcasting, MyNetworkTV, FX Networks, and MySpace.
The men at the helm of those corporations are, respectively, Sumner Redstone, Robert Iger, Richard Parsons, Jeffrey R. Immelt, Carl Bertelsmann, and Rupert Murdoch. http://www.backstage.com/.../
From Ken Ross on FB
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