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Essay / Research Paper Abstract
This 26 page paper focuses on these three media conglomerates. Today's global media is dominated by eight or nine companies, which gives these companies significant influence and power in all aspects of the society, including politics. Four questions are explored: the breadth of the companies, their influence, the FCC's role in their growth, and where they obtain the news they report. Selected fiscal data are reported for these three plus two other media conglomerates to offer a comparison of revenues. Each corporation is then described, including the types of companies they own. The effects of media conglomerates are then reported and discussed. The writer comments on the role of the FCC in their growth and demonstrates a conflict of interest. Conclusions related to the four questions posed are then made. 1 Table is included. Bibliography lists 26 sources.
Page Count:
26 pages (~225 words per page)
File: MM12_PGtmncv.rtf
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Unformatted sample text from the term paper:
shapes and molds the minds of every individual, young and old, poor and rich, simple and sophisticated. The mass media forms our image of the world and it tells us
what to think about that image. Everything we know or think we know about any event outside our very immediate neighborhood is given to us by the media, whether that
be televisions, radio, print media, such as news magazines. It does not matter which media we depend on to get our information about domestic and foreign affairs (Research Staff of
National Vanguard Magazine, 2001). Tom Brokaw commented: "Mass media have never been more mass. Were all better for it if we always keep in mind one fundamental truth: Ultimately, information
is useful only if you can trust it. Is it factual? Whats the source? How does it fit with other information?" (1996, p. S229). Research Questions 1. What is
the breadth of the holdings of Time Warner, News Corporation, and Vivendi? 2. How do media conglomerates affect the reporting of world events? 3. How have FCC actions helped
or hindered the expansion of media conglomerates? 4. From what sources do the news agencies of these conglomerates get the news they report? Literature Review In 1992, Ben
Bagdikian reported that in the United States: * No more than 11 companies control half of all the newspapers * Two companies controlled more than half of the magazines
(Mensing, 2001). * Three companies dominated television (Mensing, 2001). * Five companies dominated book publishing (Mensing, 2001). * Four companies dominated the movie industry (Mensing, 2001). Times have definitely changed.
Today, fewer companies dominate more sectors in the media market (Mensing, 2001). Mergers and acquistions have created mega-corporations and media conglomerates (Mensing, 2001). To set the stage for the
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