“There are just five or six companies in America that dominate the media landscape—giant multinational conglomerates. So there may be a lot of different voices but they’re coming from the same ventriloquist.”
--Jonathan Adelstein, FCC Commissioner

As a companion piece, see this Real News segment on the FCC's media consolidation. The public has responded almost unanimously against further mergers, yet the FCC steamroller keeps on going. Rest assured that the media companies do make a profit by increasing their size, but not by economies of scale as they claim. The key word here is "monopoly".

yup. watched this when it aired, and i saw that segement you linked to as well.
been a member of Real News since their inception. one of the first YouTube channels i subbed to.

nice pickup.

At least the "corporate news" people pay their own way. Moyers has a taxpayer-sponsored leftist pulpit from which to fawn (downward) at this lamentable socialist elf.