31–40 of 146 posts
Isn't facebook already bigger than some of the firms mentioned in the articles? Or is it not counted as media?
A big difference between the US media and the rest of the developed world seems to be a complete absence of state-owned/subsidized/run media. To me, this seems much more problematic than the limited competition between corporate media. In the US, it seems that news/stories/investigative reporting without some commercial interest to some company tends to go underreported. There is no money in being critical towards bu…
Except that media is much more than TV and newspapers. More and more people turn their backs on traditional media and get their information from a blend of many internet sites and witness videos on youtube and so on. And I only see this trend growing in the future.
We still need organizations that can afford to undertake long investigations.
I know hardly anyone likes the MSM (myself included), however is this stat so bad? Is it anything unusual for any other industry? Mature industries consolidate - its just a fundamental nature of the growth process. How many corporations control packaged chicken? cell phones? cement? No doubt the voices behind such "X mega-corps control Y" are in fact just advocating for legislation changes to mandate that they get a…
> Is it anything unusual for any other industry? Isn't that a big problem? Monopolies and oligopolies are crippling capitalism. The "too big to fail" conglomerates become just a part of the political system instead of the economic one. With the media industry, it gets worse, as it has an important role in keeping the democratic and economic powers in check. > No doubt the voices behind such "X mega-corps control Y" a…
Your dollar is your vote. You choose what industries you support by where you spend your dollars (or cast your eyes in this case).
You have the ability to hurt these corporate boogey-men by simply not giving them money / attention. You already have this power, you don't need a politician to give it to you. Use it.
Earlier quoted context omitted.
I think you'd have to agree on this. A corporation's main revenue stream is their business regardless of how diversified they are. So Google is a search-driven advertising company. Facebook is a social-networking-driven advertising company. This all depends on what % of revenue is ad-based. The other tech giants, Apple and Microsoft (Oracle, Samsung, SAP, Huawei, …) actually make most of their money selling combos of…
AWS may be 8% of Amazon's revenue, but I believe I've read AWS is disproportionately profitable (compared to Amazon's retail segment). I'm not sure what the exact numbers are, but I think it you can make a reasonable argument that a company is defined by where its profits come from moreso than its revenue. I could see reasonable arguments the other way around too though. EDIT: Thanks njarboe for catching confusing ty…
A big difference between the US media and the rest of the developed world seems to be a complete absence of state-owned/subsidized/run media. To me, this seems much more problematic than the limited competition between corporate media. In the US, it seems that news/stories/investigative reporting without some commercial interest to some company tends to go underreported. There is no money in being critical towards bu…
NPR's Morning Edition and All Things Considered news magazine programmes are the 2nd and 3rd highest rated radio programmes by listenership.
(Rush Limbaugh comes in 1st.)
https://en.m.wikipedia.org/wiki/List_of_most-listened-to_rad...
Isn't facebook already bigger than some of the firms mentioned in the articles? Or is it not counted as media?
Facebook creates no content whatsoever on its own. Its a crowd-funded link aggregator that earns revenue by ads.
With 2 billion viewers / readers / listeners.