Does Mega Media Control 90% of Content?

smitty777 writes "FastCo has an intriguing article on the vast control of our media by the mega corporations. In the article, Cliff Kuang disputes such claims by the the Frugal Dad that the revenue for the Big Six was over $275.9 billion, and that these companies are in cahoots to control our viewing. Just how much do these companies control?"

Comments

This doesnt surprise anyone, does it?

[james_van]

Let's think about how business works - if there are 10 companies doing a particular thing, at any given time, 1 or more will decide that they want to do more of the particular thing. They will then use leverage/bribery/corporate espionage/collusion/etc to acquire 1 or more of the others. Over time, this will continue until the original 10 are consolidated to the lowest number possible to avoid anti-trust/monopoly actions. And, during all of this time, they will continue to produce whatever thing that the general public will most readily consume. This usually entails things of medium to low quality (high quality is expensive and, in the case of tangible products, has a low replacement rate), dumbed down to appeal to the lowest common denominator and mass marketed with loud, brightly colored advertising. This has been the way of things for many years, this will be the way of things for many years to come. There are a few different models that have managed to squeak by briefly, but theyre rare and often not much better.

Re:No he doesn't

[vlm]

With only five competetitors, and all of them producing dreck, there's no need to produce anything BUT dreck.

You make it sound as bad as domestic car companies. Or banks. Or fast food "restaurants". Hmm. I think we're on to a pattern here...

Re:No he doesn't

[eclectus]

The quote from Jobs pretty much sums it up well.

"When you're young, you look at television and think, There's a conspiracy. The networks have conspired to dumb us down. But when you get a little older, you realize that's not true. The networks are in business to give people exactly what they want. That's a far more depressing thought. Conspiracy is optimistic! You can shoot the bastards! We can have a revolution! But the networks are really in business to give people what they want. It's the truth." - Steve Jobs, Interview in WIRED magazine (February 1996)