PLATFORM : The Nature of the Media Trap
I see it as a political, social and human problem. Business is doing what business does. But from the standpoint of the human species, can it be good, if this conglomerizing trend continues, for all the world’s news and information and entertainment to pass through just two, three or four funnels?
There is a trap that media businesses are in as indeed is all business. It has to do with the pressure to have a profit statement in this quarter larger than the last. When that’s the premium value, something is askew. We are reaching a point where one media entity can control what is ingested by 50% of the audiences throughout the country.
I understand that these businesses feel they must grow exponentially to compete globally and to satisfy stockholders. And so each of the individuals running these major media businesses is doing exactly what he should be doing, given the nature of things as they exist at this moment. What needs to be questioned is the nature of things. And that needs to be done on a deeply human level.
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