Thread: XM Rumor
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Old 02-19-2007, 07:35 PM
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Quote:
Originally Posted by Kaefer
Yup! Time Warner, News Corp., Viacom, Disney, and... the fifth one escapes me. But you're right, five media companies own every entertainment channel in America -- every magazine, newspaper, TV station, movie, cable channel, movie, you name it.
I think it's Sony that you're missing there, Juan.

NBC/Universal falls under the GE umbrella.

I'll see if I can't form a better breakdown for later in this thread.

I wasn't being all statistically exact when I said about 5 companies control all the media of course, but I've worked in broadcasting and film on the talent and production side since shortly after the laws were changed to allow media outlets to merge and acquire at a rapid pace and it has sucked the creativity out of your movies, TV, newspapers and local radio like you can't imagine.

Gresch- your list of cable companies there is pretty moot because they don't do a whole heck of a lot of news gathering or news breaking or providing programming past community bulletin boards. They're mostly re-reading what they get from the Associated Press and local stations on their news stations.
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