Thursday, September 11, 2008

Conglomeration and Concentration

There has been a trend in recent memory of the ownership of media outlets being held in fewer and fewer hands. The concentration of this powerful force in the world is no small thing. There is a ethical responsibility of journalists to tell the facts completely and accurately to the public. When only a few people are in command of all this media, there is a danger of these ethics being compromised. Who do these people have to answer to if they own everything. Conglomeration is even more dangerous in my opinion, which could be wrong, to the process. This is when non-media companies begin to own media outlets. What interest do they have in the facts being broadcast accurately and completely. They came to acquire the media outlets for the simple task of increasing their already bulging bank accounts. These people owning our media creates a conflict between the journalistic responsibilities and their own personal agenda. Who do these conglomerates have to answer to, their stockholders. Media ownership is a business, there is no doubting that. However, the business shouldn't compromise the duty of the journalistic community to be important social agents. These are things we need to watch out for.

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