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Saturday, January 28, 2017

Will the corporate media turn and support Trump?

On the media:

Now that the White House seems to think of the media as the opposition, we need to think about who the media is from a top-down basis. Reporters and editors are one thing. Owners are another.

The news we hear is largely given to us by conglomerates who, in the end, and motivated by quarterly returns. So long as it is profitable to continue their present course (whatever it may be), they will continue to do it. When it ceases to be profit-maximizing, things are likely to change.

Major outlets are owned by conglomerates who depend in various ways on government licenses, contracts, etc. NBC and it's channels? Comcast, dependent on cable monopolies. ABC? Disney. FOX and WSJ? Murdoch. Washington Post? Amazon's Jeff Bezos.... and so on. Outlets that are truly independent of large corporations tend to have a definite ideological point of view (aka bias).

So, what happens when Trump starts a war on the media that threatens profits at Comcast, Viacom, Disney or News Corp?

Just one more thing to worry about.