Continuing in the theme of many of my recent mid-term related posts, this is a very slimmed down version of my paper for Mass Communications. After doing the research for this paper, it was quite easy to see why journalistic integrity is all but non existent.
In the
same way that the Telecommunications Act of 1996 opened up the ability for
cross ownership, it also opened up the ability for vertical integration.
Vertical integration is the way a single owner owns several companies in an
attempt to streamline the costs. Just as Andrew Carnegie used monopolies and
vertical integration to dominate the steel industry, the broadcasting industry
is being streamlined today with the use of vertical integration.
Prior to
the Telecommunications Act of 1996, a company was not allowed to own more than
one “full-power broadcast station that serviced the same community.” After this
act was instated, many small television, radio and newspaper station were bought
out. This has resulted in the consolidation of numerous networks and channels
to be consolidated into the “Big Six,” NBCUniversal/Comcast/GE, the Walt Disney
Company, News Corporation, Time Warner, Viacom and the CBS Corporation. These
six companies own many of the most
popular television station and news outlets. NBC owns the rights to stations
such as Universal Pictures, MSNBC, the Weather Channel and Syfy. The Walt
Disney Company owns networks such as the ABC Television Network, Pixar
Animation Studios and ESPN. News Corporation owns networks like Fox
Broadcasting Company, the Wall Street Journal and MarketWatch.com. Time Warner is possibly the largest of the
Big Six own CNN, Warner Brothers and Time. Viacom owns Comedy Central, Global
Broadcasting News and Paramount Home Entertainment. CBS owns stations such as
CBS Television Network, Showtime and Simon & Schuster.
Vertical
integration has caused a decrease in the unbiased nature of the news industry
and a lower quality of journalism and television shows. When a person hears the
name “GE” the immediate thought is of electronics and home appliances, like the
new GE washer and dryer. One does not generally think of the television
stations, radio stations, cable and telecommunications systems that are also
under the GE umbrella of ownership. If a company can convince the general
public that they are solely a magazine publication or a single television
station, it is easy for the public to never notice that they also have several
news organizations and several newspapers that are all under the same company.
When the Walt Disney Company owns not only ABC Television, Walt Disney Pictures
and various book publishing companies, the types of stories pushed through each
of these ventures, while they may vary greatly, they will have the same company
pushing the same message. What does
this mean for the general populace? Most of the news and information that a
person will come across in any given day will most likely come from one of
these six corporations. The merging of these companies has caused a high
concentration of ownership and an increased political and economic influence.
With so few players in this media game, there is less diversity and competition,
which can lead to a lesser quality of journalism. Just as monopolies were a
disservice in the in the steel era with Andrew Carnegie, monopolies are a
disservice to the American people today.
While
companies may be making insane profits from these multiple ventures, it is the
American people that are the ones to suffer. Gone are the days of unbiased news
organizations because every news company on television in the United States
reports to the owners of one of the big six companies. The general public can
no longer rely on the television and newspapers to bring them reliable, quality
journalism, so they are beginning to
head to the online sphere to find quality readings.
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