- The illusion of choice
- 14/03/2014 Make a Comment (1)
- Contributed by: Twinkletoes ( 19 articles in 2014 )
This infographic created by Jason at Frugal Dad shows that almost all media comes from the same six sources.
That’s consolidated from 50 companies back in 1983.
NOTE: This infographic is from 2011 and is missing some key transactions. GE does not own NBC (or Comcast or any media) anymore. So that 6th company is now Comcast. And Time Warner doesn’t own AOL, so Huffington Post isn’t affiliated with them.
But the fact that a few companies own everything demonstrates “the illusion of choice,” Frugal Dad says. While some big sites, like Digg and Reddit aren’t owned by any of the corporations, Time Warner owns news sites read by millions of Americans every year.
That’s consolidated from 50 companies back in 1983.
NOTE: This infographic is from 2011 and is missing some key transactions. GE does not own NBC (or Comcast or any media) anymore. So that 6th company is now Comcast. And Time Warner doesn’t own AOL, so Huffington Post isn’t affiliated with them.
But the fact that a few companies own everything demonstrates “the illusion of choice,” Frugal Dad says. While some big sites, like Digg and Reddit aren’t owned by any of the corporations, Time Warner owns news sites read by millions of Americans every year.
Source: https://www.businessinsider.com.au/these-6-corporations-control-90-of-the-media-in-america-2012-6
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