Informant38

Spin of the Day Mark Crispin Miller examines the growing power of the world's 10 largest media multinationals: AOL Time Warner, Disney, General Electric, News Corporation, Viacom, Vivendi, Sony, Bertelsmann, AT&T and Liberty Media. "The media cartel that keeps us fully entertained and permanently half-informed is always growing here and shriveling there, with certain of its members bulking up while others slowly fall apart or get digested whole," he observes. "But while the players tend to come and go--always with a few exceptions--the overall Leviathan itself keeps getting bigger, louder, brighter, forever taking up more time and space, in every street, in countless homes, in every other head. ... Of all the cartel's dangerous consequences for American society and culture, the worst is its corrosive influence on journalism." Source: The Nation, January 1, 2002