WHY IS TRUMP PRO MEDIA CONSOLIDATION?
Video Image Credit: Jesse Lenz/Mother Jones
Why is President Trump calling mainline media, the 90% corporate media, fake news, on the one hand, and paving the way for more consolidation on the other hand? With the Sinclair buyout, 70% of all local news is owned by one corporation. His FCC chairman is right about media growth being down, that’s what happens when monopolies are in control. Competition drops, they can’t compete against the FIVE media giants. We must have diversity in a multitude of news media sources or the Corporate Media Oligopoly will dominate not only the media but American culture.
Just like the 1996 Telecommunications Act was sold as a lie, so is this recent FCC power play.
Jim Kirk-Wiggins – February 20, 2018
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