In Comcast We Trust?
The United States was founded on a wide variety of freedoms entailed in the Bill of Rights. One of the first of these, the freedom of the press, was deeply controversial across the Western world at the time of its passage. Despite its protection, freedom of the press has constantly faced challenges from restless government, fears of sedition, and authoritarians of all stripes. While many of the original newspapers were partisan and directly (or indirectly) owned by the two major political parties, freedom to publish continued. The freedom of the press has survived every major tribulation it has faced. The public continues to consume media from just about every source, with cable news viewership expanding in every time slot in 2016 from 2015 (Matsa). Despite censorship, political opposition, and a public with a short attention span, the press has continued to have nearly unlimited latitude in its coverage of the news.
However, the statistics about 2016’s massive growth in news consumption bring up yet another hurdle for the freedom of the press. The companies who own cable news networks have invested more in their news bureaus and profited more from them in 2016 than ever before (Matsa). While this may not be shocking, especially considering the enthralling nature of the 2016 election cycle, these massive profits were not spread across many investors and dozens of different companies. As of 2012, “6 media giants [controlled] a staggering 90%” (Lutz) of the American media. This shocking figure continues when you find out that these same media companies control 70% of cable, News Corp. owns newspapers on three different continents, and Clear Channel owns 1200 radio stations, exceeding a 1995 FCC limit by 2900% (Lutz). Similarly, it can also be shocking to see companies like Time Warner and Comcast, who are regularly in hot water for lobbying against net neutrality and antitrust legislation, own such networks as CNN, HLN, MSNBC, and NBC news (Freepress.net). These facts, as well as these companies’ consolidation of media in other areas, illustrate that a new threat is coming for the Fourth estate’s role in the public discourse.
The news media has many responsibilities which corporate ownership can easily influence. As we discussed in class, the media is responsible for presenting the events the public should care about, presenting policy, and shaping opinion with as little bias and corporate influence as possible. This role has never been fully and completely executed, as can clearly be seen by looking at the so-called “Yellow journalism” of the turn of the century, which used bellicose language and (occasionally) outright mistruths to persuade the public to go to war with Spain. However, the consolidation of media under corporate owners presents a clear threat towards honest journalism. Firstly, if a station (such as Fox News or MSNBC) is constrained by profit margins, there is clear incentive for them to cater to their audience and deviate from honest journalism to make more money. In a similar manner, a news bureau or produced may be obligated to avoid coverage of a scandal or negative news event about the company which owns the network (such as the controversy surrounding the Time Warner/Comcast merger) in an attempt to save face. This can be seen any time the networks cover their parent company, which they will often disclose for the sake of “full disclosure.” In the end, this corporate ownership presents several clear challenges to the media’s place in public discourse and its ability to fairly cover all issues.
Works Cited
Lutz, Ashley. “These 6 Corporations Control 90% Of The Media In America.” Business Insider, Business Insider, 14 June 2012, www.businessinsider.com/these-6-corporations-control-90-of-the-media-in-america-2012-6.
Matsa, Katerina Eva. “Cable News Fact Sheet.” Pew Research Center’s Journalism Project, Pew Research Center, 1 June 2017, www.journalism.org/fact-sheet/cable-news/.
“Who Owns the Media?” Free Press, Free Press, www.freepress.net/ownership/chart.