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[OK, so this is a little out of date. Hey, if Gangsta Barbie had sucked harder in the first place, this piece would have been more timely. -- Ed.]
Merge Right
Conspiracy theorists can go nuts his week, as the four main media giants who control and own just about the entire broadcasting industry continue to swallow each other up whole and combine resources. If this cannibalistic orgy continues, soon our entire media will be broadcast by one
voice alone ![]()
The latest mega-merger: on Thursday, June 20, Westinghouse, the proud owner of the giant refrigerator business, nuclear power-plant servicing company, the nation's largest radio broadcasting unit, and CBS, including both "60 Minutes" and "Late Night with David Letterman," announced its intention to purchase Infinity, one of the nation's largest operator of radio stations; major provider of billboard, mass transit, and other outdoor advertising; and, most relevantly, partial manager and owner of Westwood One, the top syndicator of radio programming in the country, whose radio personalities include Watergate burglar G. Gordon Liddy and "shock jock" Howard Stern. If and when the deal is finalized -- it still has to be approved by the FCC, which has not really cared about monopolies recently -- the 4.9 billion dollar purchase would form a unified radio front that would purportedly bring in advertising revenues of a billion dollars, through its control of 83 radio stations and 16 markets. In fact, Westinghouse will be the proud possessor of dominance in the ten largest radio markets in the country. And even though Westinghouse purchased CBS around this time last year, its CEO, Michael Jordan, insists that it intends to increase its broadcasting holdings by 20 percent annually. Can't Westinghouse be satisfied with its holdings in the nuclear power plant industry? No, it must own both the wavelengths and the power plants that may someday power it all. None of this should come as a surprise. When Congress passed, and the President signed, the 1996 Telecommunications Act, which raised the limit on the number of radio stations that any one company could lawfully own and control, all of the stations started to consolidate and own each other. Is it only me that that frightens? ![]()
Take, for example, the big debate over allowing alcohol companies to advertise on television. The biggest supporter of this blatantly anti-children and anti-morality scam is The Seagram Corporation, the second largest distiller in the world (after Grand Metropolitan) whose brands include 7 Crown, Crown Royal, and V.O. whiskeys, Chivas Regal scotch, Myer's rum, and Martell cognac. Even given the White House's horror over this scandal, television stations appear to be receptive. Close investigation reveals that Seagram's owns large chunks of both Time Warner and MCA. Thus should we be surprised that standards regarding alcohol advertisement on television are now loosening? How very clever of Seagram's to buy out the media to open up the airwaves to product promotion. The Infinity/Westinghouse deal certainly is a curious one. Perhaps most alarming to the happy lemming public that makes up the majority of the radio listeners, is the fact that Infinity is the company that owns Howard Stern's radio show -- and recently signed him for another five year contract. Regardless of Stern's intelligence-quotient value -- which, personally, I find generally low -- Stern can be rightfully be revered for being a barbed spike in the side of "you can't say that on the radio" uptight frightened conservatives. In fact, it is reported, last September, Infinity paid $1.715 million to the U.S. government to resolve more than 100 claims of indecency involving Stern's daily radio shows. Pretty impressive for just one skinny dude with long hair. When questioned on whether Westinghouse would back Stern in such a supportive manner, Westinghouse CEO Michael Jordan insisted that Stern can operate freely ``as long as he follows the rules and Howard has been following the rules.'' Hm. Really? Well, I guess if you pay the government two million dollars, they will let you get away with a few bends of their razor-straight rules. ![]()
Let's hope that Westinghouse continues to pay the Stern tabs. Truly, the *entire* value of Howard Stern stems from the fact that he does not follow the rules. A Howard Stern who goes conventional might as well be a Dan Rather, also owned by Westinghouse. With all of this corporate grubbing, it can be difficult to hear the shouting of the little independent broadcaster under the din of noise created by Westinghouse/CBS, General Electric/NBC, Time Warner/Turner Broadcasting, and Disney/ABC Cap Cities. But do these little people really have anything interesting to say? It should come as no epiphany that that ABC News-slash-Disney ultimately apologized to Philip Morris, a major television advertiser through its subsidiary Kraft foods, for having exposed to the public the truth about Philip Morris's manipulation of nicotine levels on a broadcast of ABC's news show, Day One? Should we be surprised when CBS news stops being critical of the nuclear power industry, controlled in large part by CBS's sugar daddy, Westinghouse? ![]()
Then again, thinking for oneself is perhaps just too challenging and time consuming. If you are a small-time media outfit, perhaps the best you can wish for is to be bought out by one of the big guys. That way, at least, your time can be freed up from thinking, to instead enjoying the finer pleasures in life, like surfing the CNN Interactive web site and drinking a smooth 7 & 7. Thus, who cares if the entire media industry owns each other. At least we still have the internet, which delivers to us a whole range of different types of garbage. courtesy of Gangsta Barbie |
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