At Reader Supported News, Carl Gibson makes a good case for breaking up the six big enterprises that constitute most of our media:
The reason the bulk of the most important information won’t ever reach the exact people the Occupy movement is reaching out to is because 90% of all media Americans consume is owned by six corporations. To put that in perspective, 232 executives at GE, NewsCorp, Disney, Viacom, Time Warner and CBS are deciding what 277 million Americans will watch, read and listen to every day. That’s one media executive for every 850,000 subscribers.
There’s an easy fix that doesn’t involve new legislation or Constitutional amendments: make the government do its job. Since 1995, the FCC forbade any company from owning more than 40 stations. Currently, Clear Channel owns 1,200 radio stations. We have antitrust laws already in place that broke up colossal monopolies like the kind Standard Oil had in its heyday. Why should big media monopolies be exempt from those laws?