Information about Corporate Media
"Corporate media" is a term used by some political progressives which refers to a system of media production, distribution, ownership, and funding which is dominated by corporations, and is governed by the capitalist imperatives of maximizing profits for the investors, stockholders, and advertisers.
It is sometimes used as a term of derision to indicate a media system which does not serve the public interest in place of the "mainstream media" or "MSM," which tends to be used by both the left and the right as a derisive term.
They also argue that the programming on these outlets clearly reflects the conservative views of its owners, most notably Fox News Channel, headed by Rupert Murdoch through his parent company News Corp., as well as Roger Ailes, the CEO of FOX News itself.
Other factors include the tendency of journalists to avoid doing original research, instead obtaining news from the same few wire services, such as Reuters and Associated Press, which themselves tend to cover the same news under the same perspective. Due to the desire to reduce operation costs, the mainstream media favor news pieces that are pre-made by these news agencies instead of conducting their own reporting.
Factcheck.org, created by the Annenberg school of Public Policy at the University of Pennsylvania, found hundreds of misrepresentations in political ads that were never corrected by the mainstream media. Studies also show that those who rely on the media for their information have a poor understanding of the issues and are unable to discern misrepresentations in political advertising.
As documented by authors Sheldon Rampton and John Stauber, it is becoming increasingly common for video news releases (VNR) to be created by government and corporations, mimicking TV news story-format to be used straight into broadcasting in a newscast. Other factors include the cost of litigation. Large corporations tend to sue over any news that are against their interests, causing great expense for the news editors. Even if the litigation is lost, the cost of time and pressure will certainly bias a reporter towards avoiding such possibility.
Another contrasting term is "Citizen Media," which purports to be a grassroots, all-inclusive, public access, participatory media system intended to serve the public interest "naturally" by allowing anyone to be a producer or content provider.
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A holding company is a company that owns part, all, or a majority of other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only
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It is sometimes used as a term of derision to indicate a media system which does not serve the public interest in place of the "mainstream media" or "MSM," which tends to be used by both the left and the right as a derisive term.
Background
Media critics such as Robert McChesney [1], Ben Bagdikian [2], Ralph Nader, Jim Hightower[3], and Amy Goodman suggest that such a media system, especially when allowed to dominate the mainstream media, inevitably will be manipulated by these same corporations to suit their own interests. These critics point out that the main national networks, NBC, CBS, and ABC, as well as most if not all of the smaller cable channels, are owned, funded, and controlled by an interconnected network of large corporate conglomerates and international banking interests, which they say manipulate and filter out news that does not fit their corporate agenda.They also argue that the programming on these outlets clearly reflects the conservative views of its owners, most notably Fox News Channel, headed by Rupert Murdoch through his parent company News Corp., as well as Roger Ailes, the CEO of FOX News itself.
Propaganda Model
Noam Chomsky and Edward S. Herman have established a propaganda model which purports to explain this bias. The common misinterpretation of this model is that all bias is conscious and centralized. The process however is hypothesized to be decentralized and operates as a confluence of factors that includes the overt pressure from owners and advertisers, but also by the gradual internalization of the biases and values of the corporate owners, leading to self-censorship.Other factors include the tendency of journalists to avoid doing original research, instead obtaining news from the same few wire services, such as Reuters and Associated Press, which themselves tend to cover the same news under the same perspective. Due to the desire to reduce operation costs, the mainstream media favor news pieces that are pre-made by these news agencies instead of conducting their own reporting.
Impact of Public Relations on News and Public Affairs Programming
This same economic pressure makes media susceptible to manipulation by government and other corporate sources through the widespread use of press releases, often created by industry-funded public relations firms. The point of view of the military, police, CIA, and political offices are often reported as facts. Quite often, the press releases are published verbatim without any fact checking.Factcheck.org, created by the Annenberg school of Public Policy at the University of Pennsylvania, found hundreds of misrepresentations in political ads that were never corrected by the mainstream media. Studies also show that those who rely on the media for their information have a poor understanding of the issues and are unable to discern misrepresentations in political advertising.
As documented by authors Sheldon Rampton and John Stauber, it is becoming increasingly common for video news releases (VNR) to be created by government and corporations, mimicking TV news story-format to be used straight into broadcasting in a newscast. Other factors include the cost of litigation. Large corporations tend to sue over any news that are against their interests, causing great expense for the news editors. Even if the litigation is lost, the cost of time and pressure will certainly bias a reporter towards avoiding such possibility.
See also
The term can be contrasted with "liberal media," a term used by many U.S. conservatives which implies that the network media has a liberal bias.Another contrasting term is "Citizen Media," which purports to be a grassroots, all-inclusive, public access, participatory media system intended to serve the public interest "naturally" by allowing anyone to be a producer or content provider.
References
1. ^ McChesney, Robert. "Rich Media, Poor Democracy", ISBN 0-252-02448-6, University of Illinois Press, 1999; "The Problem with the Media", ISBN 1-58367-105-6, 2004
2. ^ Bagdikian, Ben, "Media Monopoly", ISBN 0-8070-6179-4, Beacon Press, 2000
3. ^ Hightower, Jim, "What Liberal Media?", "There's Nothing in the Middle of the Road Except Yellow Stripes and Dead Armidillos", ISBN 0-06-092949-9, Harper Perennial Press, 1998
2. ^ Bagdikian, Ben, "Media Monopoly", ISBN 0-8070-6179-4, Beacon Press, 2000
3. ^ Hightower, Jim, "What Liberal Media?", "There's Nothing in the Middle of the Road Except Yellow Stripes and Dead Armidillos", ISBN 0-06-092949-9, Harper Perennial Press, 1998
- Taylor, Alan: We, the Media: Pedagogic Intrusions into US Mainstream Film and News Broadcasting Rhetorics, Ownerships, Genre and Media Laws, Peter Lang, 2005, ISBN 3-631-51852-8, http://wethemedia.edublogs.org
External links
- Independent World Television
- FAIR: Corporate Ownership
- The Nation: Corporate Media & Consolidation
- Fairness Doctrine Vetoed by both Ronald Reagan and G.H.W. Bush
Business law
Business organizations
Basic forms:
Sole proprietorship
Corporation
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Economic systems
Ideologies and Theories
Primitive communism
Capitalist economy
Corporate economy
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Laissez-faire
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Natural economy
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Ideologies and Theories
Primitive communism
Capitalist economy
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Fascist economy
Laissez-faire
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For the television series, see Profit (TV series)
Profit generally is the making of gain in business activity for the benefit of the owners of the business...... Click the link for more information.
public interest refers to the "common well-being" or "general welfare." The public interest is central to policy debates, politics, democracy and the nature of government itself.
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Robert McChesney may refer to:
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- Robert D. McChesney, scholar on the history of Central Asia, Iran, and Afghanistan
- Robert W. McChesney, a media critic and academic who founded Free Press
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Ben Haig Bagdikian (born 1920, Maraş, Ottoman Empire; now in Turkey) is an American educator and journalist of Armenian descent. Bagdikian has made journalism his profession since 1941.
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James Allen "Jim" Hightower (born January 11, 1943) is a populist activist and a former Texas Agriculture Commissioner.
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Life and Career
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Amy Goodman (b. April 13, 1957 in Bay Shore, New York) is an American progressive broadcast journalist and author.
A 1984 graduate of Harvard University, Goodman is best known as the principal host of Pacifica Radio's Democracy Now!
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A 1984 graduate of Harvard University, Goodman is best known as the principal host of Pacifica Radio's Democracy Now!
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Mass media is a term used to denote a section of the media specifically envisioned and designed to reach a very large audience such as the population of a nation state. It was coined in the 1920s with the advent of nationwide radio networks, mass-circulation newspapers and
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Business law
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Sole proprietorship
Corporation
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Cooperative
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Business trust · LLC · LLLP
Delaware corporation
Nevada corporation
UK/Commonwealth:
Limited company
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Business organizations
Basic forms:
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Corporation
Partnership
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Cooperative
USA:
Business trust · LLC · LLLP
Delaware corporation
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National Broadcasting Company
Type Broadcast television network
Country United States
Availability United States, also distributed in Canada, Mexico, Bermuda and the Caribbean
Founder David Sarnoff
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Type Broadcast television network
Country United States
Availability United States, also distributed in Canada, Mexico, Bermuda and the Caribbean
Founder David Sarnoff
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CBS Broadcasting, Inc. (CBS)
Type Broadcast radio network and
television network
Country United States
Availability National; also available in Canada, Mexico, and the Caribbean
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Type Broadcast radio network and
television network
Country United States
Availability National; also available in Canada, Mexico, and the Caribbean
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American Broadcasting Company (ABC)
Type Broadcast radio network and
television network
Country United States
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Type Broadcast radio network and
television network
Country United States
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Conservatism is a term used to describe political philosophies that favor tradition and gradual change, where tradition refers to religious, cultural, or nationally defined beliefs and customs.
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Fox News Channel
Type Cable television network
Country United States
Availability United States and others; see "International transmission" section below for other availability
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Type Cable television network
Country United States
Availability United States and others; see "International transmission" section below for other availability
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William-Rupert Murdoch, AC, KCSG (born 11 March 1931) is an Australian American global media executive and is the controlling shareholder, chairman and managing director of News Corporation, based in New York.
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William-Rupert Murdoch, AC, KCSG (born 11 March 1931) is an Australian American global media executive and is the controlling shareholder, chairman and managing director of News Corporation, based in New York.
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worldwide view.
A holding company is a company that owns part, all, or a majority of other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only
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News Corporation
Public: (NYSE: NWS , NYSE: NWSa , ASX: NWS , LSE: NCRA )
Founded Adelaide, Australia (1979)
Headquarters New York City, formerly in Adelaide, Australia
Key people Rupert Murdoch
Peter Chernin
David DeVoe
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Public: (NYSE: NWS , NYSE: NWSa , ASX: NWS , LSE: NCRA )
Founded Adelaide, Australia (1979)
Headquarters New York City, formerly in Adelaide, Australia
Key people Rupert Murdoch
Peter Chernin
David DeVoe
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Roger Eugene Ailes (born May 15, 1940) is the president of Fox News Channel and chairman of the Fox Television Stations Group. He was a media consultant for Richard Nixon, Ronald Reagan, and George H. W.
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Chief Executive Officer (CEO), or chief executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency.
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Avram Noam Chomsky (Hebrew: אברם נועם חומסקי Yiddish: אברם נועם כאמסקי) (born December 7, 1928) is an American
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Edward S. Herman is an economist and media analyst with a specialty in corporate and regulatory issues as well as political economy and the media. He is Professor Emeritus of Finance at the Wharton School of the University of Pennsylvania.
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Reuters Group plc
Public (LSE: RTR , NASDAQ: RTRSY )
Founded October 1851
Headquarters London, England, UK
Industry News agency, Financial
Revenue £2,566m (2006)
Operating income £256m (2006)
Net income £305m (2006)
Website www.reuters.
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Public (LSE: RTR , NASDAQ: RTRSY )
Founded October 1851
Headquarters London, England, UK
Industry News agency, Financial
Revenue £2,566m (2006)
Operating income £256m (2006)
Net income £305m (2006)
Website www.reuters.
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The Associated Press
Non-profit cooperative
Founded New York City, 1846 [1]
Headquarters New York City
Key people Tom Curley, President and CEO
Area served Worldwide
Industry News media
Products Wire service
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Non-profit cooperative
Founded New York City, 1846 [1]
Headquarters New York City
Key people Tom Curley, President and CEO
Area served Worldwide
Industry News media
Products Wire service
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Topics in journalism
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Fourth estate • Libel law
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Professional issues
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Fourth estate • Libel law
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Sheldon Rampton (born August 4, 1957) is the editor of PR Watch, and the author of several books that criticize the public relations industry and what he sees as other forms of corporate and government propaganda.
Rampton was born in Long Beach, California.
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Rampton was born in Long Beach, California.
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John Stauber (1953 - ) is an American writer and political activist who has co-authored five books about propaganda by governments, private interests and the PR industry. They include one book about how industry manipulates science (Trust Us, We're Experts
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