Image via CrunchBase
Leave alone US,India really tops the list.CEO of a News Channel(X News is heard begging for Staff salary from a lobbyist,Nira Radia.
You would also note premier( so called) correspondents of TV Channels discussing with the lady on what to plant and when in News Channels.
Read my Blog filed under Radia tapes .
In fact please read rather hear tapes where you shall find corporates fixing cabinet posts,contracts,media,Banks et al.
Several huge corporations own major networks and newspapers in the U.S. How much of the content do they control?
Everyone seems to know that the hand that feeds is the hand in charge.
“He who pays the piper gets to call the tune,” said Steve Rendall, a senior analyst at FAIR.
In the US, paying the piper and running the show are corporations. The tune they call, what Americans see, hear and read.
“It’s a money maker, it’s a cash cow. People don’t think that there is any money in the media. Aside from health care these days, the media is the industry of the 21st century,” said Georgetown University Professor Chris Chambers.
Half a century ago, fifty corporations ran the major networks and newspapers. Since then, a rapid concentration of media ownership has resulted in a near media monopoly spearheaded by a lucky few.
“The danger of this kind of media concentration is that it robs democracy of diversity, it robs viewers of being exposed to a wider range of views,” said media critic Danny Schechter.
Analysts say the U.S. is living in the golden age of media bias.
“It’s never been easier to find out exactly who is behind what, and where the conflict of interests are,” said media analyst TJ Walker.
Topping the list of owners is Rupert Murdoch and his empire News Corp.
Murdoch stands over FOX News, the Wall Street Journal, and the New York Post – just to name a few.
General Electric, one of the largest military contractors in the US and Comcast, one of America’s largest cable providers are joined by the hip running NBC.
“The floor of the Hudson river is covered in carcinogenic PSBs – these toxigenic dangerous chemicals, that were put there by General Electric. General Electric owns NBC. NBC has not taken any trouble to report on this massive environmental story,” said Rendall.
With the innocent face of Mickey Mouse as their trademark, Disney is the proud owner of ABC.
“When ABC was bought by Disney and there were some ABC stories about improprieties at Disneyland and Disney World, and Disney killed those,” said Chambers.
CNN and Time magazine belong to Time Warner.
Joining the media giants is CBS Corporation towering over CBS News and Viacom – a global entertainment content company – running, among others, Comedy Central.