Re: The Myth of Media Concentration
On Jun 17, 2006, at 12:15 PM, mike larkin wrote:
http://yglesias.tpmcafe.com/blog/yglesias/2006/jun/16/ howconcentratedisthemedia
How Concentrated Is The Media? By Matthew Yglesias | bio
Yay. Thank you very much for posting this (and thanks Matt Yglesias
for writing it). This media concentration thing is way overblown and
stupid. It’s really odd that a bunch of liberals, who aren’t much
interested in the structure of ownership elsewhere in the economy,
can get so excited about media ownership. The real problem is a media
system based on competitive profit maximization, which is what
produces lowest common denominator programming. But that starts
getting into dangerous territory for liberals, so best to get
nostalgic for those great old days when Hearst ruled the mediascape
and the LA Times was a crap paper run by the original Chandler.
Doug