Abracanawbra
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Nov 24, 2017 8:17 PM
Abracanawbra
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The701
And it's going to get worse:
mel1984
Awesome post +1
FuzzyNutSak
From 16 years ago!
afriendinneedsafriendindeedafriendwithmemesisbetter
Now here's to you, Mrs. Robinson.
SwaghettiYologneseWithMemeballs
Remember when US occupied Japan, one of the first things they did was dissolve the zaibatsu?
Spidey209
Now we understand why big business wants to shut down Net Neutrality.
Hogglesocks
So what you're saying is I should watch note Netflix?
Sm9yCg
Watch it while you can without paying extra
makesense
Needs to be updated even if everything exactly the same. 2011 is not 2017.
CygloPargen
We currently enjoy open internet, but they will control what we see here, too, just as soon as Pai dismantleds net neutrality.
SuedeRobinson
StatmanIbrahimovic
So says the green peacock in the corner
therealVexed
I mean you don't have to believe the bs people put in your ear. Also that's a diverse amount of stuff. is there evidence they carebout views
poconokono
Free market, and less government oversight. I thought you wanted this America. That's deregulation for you.
JockMcSting
This.......so so so much this. Short-sighted, over-optimistic, deluded, abysmal thinking.
Bowtiesarecool45
Please tell me The Sun isn't the biggest newspaper in Europe, that seriously says bad things about us Europeans
johnvictor
It's almost like we're returning to monopolies again but our leaders are either bought out by it or unaware of it happening.
ElRoboDiablo
Can we talk about CBS' "notable properties" for a second?
kirivon
No mention of Sinclair?
hideanddontseek
Suomi mainittu! Torille!
vampirehedgehog
Mitenkäs sen bruttokansantuotteen sais kasvamaan 36 miljardia..?
Abracanawbra
To the square!
mobilene
Good except GE doesn’t own Comcast. Comcast owns Comcast.
Abracanawbra
Under history. Search page for GE. https://en.m.wikipedia.org/wiki/Comcast
JosephMcCovery
And if you do so, you'll see where GE sold 51% of NBCU to Comcast in 2011, then the remaining 49% in 2013.
JosephMcCovery
So, where does it say that GE owns any part of Comcast?
JosephMcCovery
Ah, downvotes; the safe haven of the cowardly.
ndmaster
He's right, you know. Comcast is an independent company that owns universal. U used to be jointly owned by the to companies.
pasihaGod
Suomi mainittu!
Acmer77
Yay Finlaaaand!
feren
Today I learned.
ndmaster
Nothing from this
RenoRaiderFan
Great post. I’d love to see this with current stats
hedgewizard
What the fuck happened to the anti-trust laws and related legislation that was supposed to stop this?
Skawomplious
Money.
notsoinnocuos
It started in the Reagan era, went from there...congressional whores got bought and paid for by lobbyists while we the people took it in the
hedgewizard
30 years ago ATT was broken up because it was "too big." And so we come to this.
mpriano
Lax enforcement, lobbying, and the belief that government intervention is bad for the consumer due to the magic of markets. (1/x)
mpriano
The trick, of course, is that inefficient or failed markets are significantly worse for the consumer. So, how far do you regulate? (2/x)
PerhapsAnotherPerspective
Though to be fair, the economic tools used today are far more sophisticated and generally accurate than the ones used previously. While 1/
PerhapsAnotherPerspective
there have been some positive advancements in answering the question "how far do you regulate?" worth pointing out. 3/3
mpriano
Quite true. The issue, of course, is that high school economics still relies on price floors and ceilings to educate about regulatory (1/x)
PerhapsAnotherPerspective
I totally agree with pretty much everything you've said, and can totally get behind a stricter enforcement threshold for antitrust action, 2
mpriano
Greenspan was on record saying that fraud enforcement isn't even necessary, because 'markets will correct for it,' which was boggling. (3/3)
therealVexed
OH well if the market corrects why don't we all just rape each other
UnknownSquid
The "how far to regulate" is a core American confusion. It's not how much, but how well, and written by whom. The US regulatory process is..
UnknownSquid
3) -interest money out of politics, and sensible regulation can finally start to serve the public interest again, not monopolies.
UnknownSquid
2) notoriously corrupt and broken. People talk about "Industry self regulation", but the US takes it a touch too literally. Get the private-
Counterfit
Well, Alan Greenspan has admitted being wrong about a lot of things.
Leolol1
I don't think GE owns NBC Universal? Comcast is a publicly traded company, and I believe they own the whole NBC Universal family.
Leolol1
Just checked- GE used to be the majority owner, but Comcast took majority in 2011, and it became wholly-owned by Comcast in 2013. (1)
SpreadyUnsettling
This infographic is about 5 years old by now.
Leolol1
Ah, makes sense. Thanks
Leolol1
I think a bunch of those may be outdated or inaccurate, but don't care enough to look further. The post's point still stands though. (2)
chicmagnetwampa1
The size of these companies makes the "don't consume media from these sources" argument irrelevant. If you do manage to totally avoid...
chicmagnetwampa1
... all media from the big 6 (which is near impossible) they will never take a big enough financial hit to ever make a difference.
crabbydotca
Still better than Canada, there are like 3
MiamiBentz
Canada is a US province soooo
PowwerOrb13
Fuck off. We won the war against you, don't forget who burnt down the original Whitehouse.
Abracanawbra
Even then they are deeply in bed with these 6.
DoublevBomb
At least we have the CBC.
AnonKneeMoose
Australia there is 2. Newscorp and Fairfax.
dogneely
Also about 1/9th the population
nclu
Per-capita media diversity, maybe? I’d also argue (maybe) that this is ever so slightly less relevant with modern internet.
Abracanawbra
Bell, Shaw, newcap, Rodgers? Have any articles you can pass along?
crabbydotca
I wasn’t considering internet providers but that’s an important part too!
crabbydotca
Shaw actually sold off their media business to Corus last spring - so I was thinking Bell/Rogers/Corus.
MrClive
Newcap is almost solely radio, really it's Bell, Rodgers and Corus, and then 5 or 6 middle pack media companies. I work in radio.
CaptnHector
The Sun is not the top newspaper of Europe
illegalacorn
Is Europe a country?
therealVexed
it says continent.
laggindragonlovesyou
I get my news from Nick Jr. 5/7
PoppinLochNessHopster
Saying "they control" it implies there is some dastardly villain pulling levers behind the scenes. They're unthinking profit driven entities
PanicAtTheCostco
I'm with you. And I f you don't like them then ignore everything they produce. That easy.
MatrimBloodyCauthon
Have you seen Sinclair recently?
Deanscream
or Soros, or any of the other people belonging to the supposed "NWO". They are the James Bond villains, pushing their own agendas.
mpriano
Not necessarily. Newscorp, Murdoch's empire, has very clear political tendencies, executed at Murdoch's direction.
malikcarr
...you are aware that pretty much everyone else on that table is biased in the other direction, right? Everything is political now.
mpriano
Sure, but there's always a matter of degrees.
malikcarr
mpriano
Still doesn't help that there's a false equivalency if you're one of those putting Fox & Friends and CNN on the same level.
JohnSmitheson
Unthinking doesn't account for their overreaching influence on law policies.
PoppinLochNessHopster
A result of the government allowing itself to be driven by money, giving incentive to companies to invest in laws like they invest in R&D.
JohnSmitheson
as long as someone has something to gain they'll fuck over someone else to get it
GuardsmanMiku
the problem with capitalism is its a game that can be won, without any kind of practical reset switch
GuardsmanMiku
(please ignore my username im not actually a communist)
Abracanawbra
Don't give no fucks about labels because discussion don't give no fucks about labels.
Abracanawbra
Unregulated capitalism or any kind?
GuardsmanMiku
well any kind's a broad statement. It's easy to criticise systems but hard to come up with a good one. Hopefully theres a version that works
Abracanawbra
Ok narrow it to a kind of capitalism. *gonna through hive mind as a contender for workable system, PS: All hail the new AI Overload.
GuardsmanMiku
well the thing with capitalism is its all about who can gain the most money. A bunch of people will make companies all 1/2
GuardsmanMiku
competing but over time some will make mistakes and go bust or be bought out by others, until your left with one mega corperation 2/2
Abracanawbra
I would argue that was supposed to be governments, until they made a "mistake" and weakened their position.
Abracanawbra
I agree that power consolidation happens, but I wonder what is its engine. Which begs ehat the engine for power atomization. How to balance?
RobotMassacre538
This is why the internet is very important, we're now able to create our own content and have the public decide whether they want to watch
UnknownSquid
And the media giants HATE it. Hence their earnest crusade to take control of it and turn it into yet another mediated subscription service.
kmikl
And those fuckers are trying to take that away from you too.
CygloPargen
They'll soon control the narrative online, too, just as soon as Pai kills net neutrality. Time to build our own decentralized mesh network.
IconicM
Disney bought the production studio behind a lot of the top youtube content like Epic Rap Battles of History...
Abracanawbra
Check it out, they are buying ISPs like crazy too. Eg: GE owns a huge or majority stake in Comcast.
FrankyFresh17
GE does not own any Comcast. But, who cares, right? Just throw out B.S. to support your opinion.
JosephMcCovery
No, NBC Universal is wholly owned by Comcast. GE sold the remaining 49% it controlled in 2013.
FrankyFresh17
Don't bring facts into this debate!!! They have no place here
ChaneDawg
So what do we listen to?!?!
Sakabashira
Mrs. Robinson, duh.
CaptainnTurk
It's time create our own ISP
RobotMassacre538
If we can keep Net Neutrality then it won't matter who owns the ISP's, the problem is that we need to fight over Net Neutrality every year
MrRandom314159
Wrong, if Net Nuetrality dies, it'll matter who owns the isps due to content, but with NN, it'll matter due to reach and consolidation.
Curiousone545
Yes, and no. Obama passed Net Neutrality. We need to fight this, and then elect officals that will safeguard the internet.
FranktheMailman
Title I was implemented during the Bush administration. Title II was the Obama administration
TuggSpeedmann
And ATT trying to buy Time Warner is a huge fucking deal.
dunadunadonut
Sinclair broadcasting bought tribune and no one bats an eyelash
cowbellrx
Time Warner was already bought by Spectrum. I used to work for them till they did that.
JosephMcCovery
How do people still get confused over this? Time Warner Cable was spun off from Time-Warner Entertainment and purchased by Charter Cable.
cowbellrx
My bad i thought i saw cable up there
luckstroke
Vertical vs horizontal takeover, it doesn't change a thing... Unless they completely wall off say HBO, deal requires too much debt for that.
Br0doSwaggins
The White House is blocking it. Probably the ONLY thing that I agree with them on.
chamilitary
Wish someone would buy the fox parent company. Then shut fox down. Or make them lie less.
ndmaster
Your partisanship is showing just a bit.
chamilitary
Im a registered Republican. My statement still stands.
doritobandito84
Remember when ATT was a comm. monopoly for the longest time? Pepperidge Farms remembers.
thedevil
Time warner doesn’t exist anymore. It’s spectrum
JosephMcCovery
Time-Warner as in the media company still exists.
vallencer
Not the same company. Confusing I know but Spectrum was Time Warner Cable which Time warner split from years ago.
vallencer
Can't post a link because it's too long but just google Time warner vs Time warner cable.
thedevil
Thanks for the clarification.
Abracanawbra
Post some deets so we can all be informed.
koopaya
Thanks for posting this. I'd love to see an updated infographic. I can't believe this is nearly eight years old.
ndmaster
Not a lot has changed, until the att - time Warner deal.
ndmaster
Att is trying to buy time Warner for $85bb. The FCC is trying to block it. A simple search would tell you that.
Caspergirl
But isn't Tim Warner now Spectrum?
ThumbDunkTheDirtstar
Damn.. 85 babillion. If I had their kind of money I'd burn mine.
ndmaster
Obviously
alwaysforgetmylogin
FCC is not involved. DOJ antitrust department.
ILikeCharmanderOk
What OP meant is why is it important you nincompoop!
ndmaster
Really? OP posts this whole thing and has no idea why the merger is important? Thanks for that. Dipshit
ILikeCharmanderOk
I think you missed the whole point of the post LOL