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> Media executives are worried, however, that President Joe Biden’s administration could be hostile to a big media merger. There are four companies in the US t
by chrisaycock 3y ago
> Media executives are worried, however, that President Joe Biden’s administration could be hostile to a big media merger.
There are four companies in the US that control most of the media: Disney, Comcast, Warner Bros Discovery, and Paramount. After the merger of Disney and Fox a few years back, further consolidation will be a more difficult sales pitch.
https://en.wikipedia.org/wiki/Media_conglomerate#United_States https://en.wikipedia.org/wiki/Media_conglomerate#United_Stat...
- sparrc 3y agoFWIW, technically Disney bought "21st Century Fox". Fox is still an independent media company which owns the Fox TV channel, Fox News, and Fox Sports: https://en.wikipedia.org/wiki/Fox_Corporation https://en.wikipedia.org/wiki/Fox_Corporation
- 1letterunixname 3y agoTrue, but Nixon administration -> Roger Ailes with his pants around his ankles chasing talent -> Fox News -> Factually incorrect breaking news with Tigger would've been an improvement.
- shiroiuma 3y agoSo Disney got all the good parts, and what's left is a steaming pile of crap (though apparently still very popular with a large sector of the US population)?
- dessimus 3y agoI wouldn't go quite that far. Disney was forced to divest the Fox Regional Sports networks in the deal because they already owned the ESPN channels and would have caused too much consolidation. The economies around professional and collegiate sports are nothing to be ignored, especially with the legalization of sports gambling across the US.
- 1letterunixname 3y agoKleptoplutokakistocracy. The problem is the corruption of a system that cannot be reformed from within because foreign governments pass out gold bars to senators and billionaire crooks want it this way, while the masses have their consent manufactured to believe it's good for them, their neighbors are their "sworn enemies" for being part of the opposing tribe, and everyone else is against them because anomie is for all who are nobodies except celebrities. It's easier for fools and the dumb to believe in the flat Earth, antisemitism, demonize Muslims, or immigrants are coming to replace them rather than be honest: they're lashing out because they don't feel heard, but also that they're not doing anything constructive and hoping for a superhero, a lottery ticket, or a boorish politician to solve their problems for them.