Asked by Christen Estep on Jun 23, 2024

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What is the effect of the concentration of ownership on news?

Concentration of Ownership

A situation where a small number of individuals or companies control a large share of the market or resources.

  • Assess the effects of media ownership concentration, commercialism, and corporate influence on news content and diversity.
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CS
Carson SlaterJun 25, 2024
Final Answer :
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Concentrated private power in the media industry contradicts the image of a marketplace of small producers in which all can participate.Far from being apolitical, these media companies are completely intertwined with major corporations that have many other interests at home and abroad, so much so that companies like Disney or General Electric own not only ABC and NBC but also interests in nuclear weapons and theme parks, as well as publishing and sports teams.