On Jun 17, 2006, at 12:15 PM, mike larkin wrote:
> http://yglesias.tpmcafe.com/blog/yglesias/2006/jun/16/
> how_concentrated_is_the_media
>
> How Concentrated Is The Media?
> By Matthew Yglesias | bio
Yay. Thank you very much for posting this (and thanks Matt Yglesias for writing it). This media concentration thing is way overblown and stupid. It's really odd that a bunch of liberals, who aren't much interested in the structure of ownership elsewhere in the economy, can get so excited about media ownership. The real problem is a media system based on competitive profit maximization, which is what produces lowest common denominator programming. But that starts getting into dangerous territory for liberals, so best to get nostalgic for those great old days when Hearst ruled the mediascape and the LA Times was a crap paper run by the original Chandler.
Doug