Stop the Media Mergers - Majority of media are controlled by just Five companies
Monday, September 20, 2004 at 08:34AM
TheSpook
Democracy is in crisis -- not in far parts of the world but right here in the United States. As with most democracies, the greatest threat to ours is internal. The danger within is the loss of our Fourth Estate -- an independent and free press that is essential if Americans are to be knowledgeable and engaged in the democratic process. Walter Lippmann said that a free press "should consist of many newspapers decentralized in their ownership and their management, and dependent for their support . . . upon the communities where they are written, where they are edited and where they are read." From thousands of independent media outlets during Lippmann's heyday in the middle of the past century, media ownership dropped to only 50 companies by 1983. Today what was a concern has become a nightmare: The majority of our media are controlled by just five companies. [more ]
Article originally appeared on (http://brownwatch.com/).
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