Look at the ownership pattern of different news platforms – radio, TV, print – and you’ll see a fine spiders web, with the master threads concentrated among just a few owners. For example, in 1983, 90% of media was controlled by 50 companies; today, the control is in the hands of just 5 conglomerates!
Interestingly, the same pattern of ownership has seeped into the digital news space and the giant media companies also own most of the online newspapers and online news websites! How this controlled ownership pattern will impact news quality waits to be seen!
Who Owns Your News?
Infographic by – TitleMax