Domination Fantasies: Does Rupert Murdoch control the media? Does anyone?
Right now, the 50 largest media companies account for little more of total U.S. media revenue than they did in 1986. [...]
Walter Lippmann once wrote, "The theory of a free press is that truth will emerge from free discussion, not that it will be presented perfectly and instantly in any one account." I have never heard a convincing argument that any individual in the United States in 2003 cannot easily and inexpensively have access to a huge variety of news, information, opinion, culture, and entertainment, whether from 10, 50, or 3,000 sources. If that is what passes for media concentration, we should consider ourselves pretty lucky.
Editor’s Note: The Myth of Media Monopoly: As far as major industries go, the media are not particularly concentrated, nor have they become much more so during the last 10 or 20 years.
