CHILE IN THE NEWS
Thursday, February 17, 2011
Media Conglomeration An Overview
Media conglomeration is a growing trend for global media to be more concentrated in ownership. Media conglomeration affects who owns the media. It also affects how the media is produced, exported, the content, and the impact that it has on its audience. Through a series of different mergers and acquisitions media companies become part of much larger conglomerates that may actually represent all different forms of business. When minimal numbers of conglomerates own multiple media industries they fail to recognize what a nation’s public interests are and fail to provide proper media and news coverage for the area they are representing. The media becomes dominated by whatever will produce the largest profit for the conglomerate and the industry can become monopolized by the conglomerate’s specific interests. If a company is only looking to produce revenue then news runs the risk of becoming more sensationalistic, news that will interest the average individual. Air time becomes littered with reports of Hollywood stars, sex scandals, and celebrity rehab replacing international, political, and economic news reports.
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