View Full Version : Who Owns the Media?
Found an interesting site - if you ever wanted to know who owns the News & Information Media - just check it out.
Example: Radio Stations, Clear Channel Communications, owns 800 radio stations in 43 states. Probably one you listen to - think if they had an Agenda, they could certanly spin it - so who owns Clear Channel?
http://www.cjr.org/resources/
Columbia Jurnalisim Review
Just a word of warning, this resource comes to you from the Columbia School of Journalisim - which might be just a bit Left of Center in its stance toward Jurnalistic Objectivity.
Here is their Missioin Statement.
Columbia Journalism Review’s mission is to encourage and stimulate excellence in journalism in the service of a free society. It is both a watchdog and a friend of the press in all its forms, from newspapers to magazines to radio, television, and the Web. Founded in 1961 under the auspices of Columbia University’s Graduate School of Journalism, CJR examines day-to-day press performance as well as the forces that affect that performance. The magazine is published six times a year, and offers a deliberative mix of reporting, analysis, criticism, and commentary. CJR.org, our Web site, delivers real-time criticism and reporting, giving CJR a vital presence in the ongoing conversation about the media. Both online and in print, Columbia Journalism Review is in conversation with a community of people who share a commitment to high journalistic standards in the U.S. and the world.
That which we cannot oppose is only greater than what we don't know. The truth is hidden, it's like trying to find the pepper amongst the fly crap! Thank goodness we have Keith Oberman watching out for us! :rolleyes::rolleyes:
That which we cannot oppose is only greater than what we don't know. The truth is hidden, it's like trying to find the pepper amongst the fly crap! Thank goodness we have Keith Oberman watching out for us! :rolleyes::rolleyes:
Dont forget Rachael Maddow, and Bill Maher.
Dont forget Rachael Maddow, and Bill Maher.
A tip of the Iceberg look at who pays Bill Maher and Rachael Maddow:
BILL Maher > HBO > Time Warner
Rachael Maddow (Radio) > Air America Radio > Green Family Media (key people: Ron Reagan, Lionel (Michael William Lebron), Montel Williams, Ron Kuby)
Rachael Maddow (TV) > MSNBC > Mircsoft 18% & NBC 82% > NBC > GE 80% & Vivendi Universal 20% (French owned)
And who owns Time Warner? :munchin
Not all of it...not a majority...not even the biggest shareholder...but still...
LINK (http://money.cnn.com/news/newsfeeds/articles/djf500/200909051048DOWJONESDJONLINE000405_FORTUNE5.htm)
Saudi Prince Alwaleeds Portfolio Rises On Citigroup Gains
September 05, 2009: 10:48 AM ET
RIYADH (Zawya Dow Jones)--Saudi Arabia's Kingdom Holding Co., run by the billionaire Prince Alwaleed bin Talal, said Saturday its portfolio increased 978 million Saudi riyals ($260.8 million) in August, driven by the rise in Citigroup Inc. (C) and News Corp. (NWSA) shares last month.
The conglomerate's available-for-sale investments increased 20% to SAR5.87 billion Saudi riyals at the end of August, adding to its 8.7% monthly rise in July as global markets continued a summer rally.
Unrealized losses decreased to SAR15.6 billion at the end of August from SAR16.6 billion at the end of July, Kingdom Holding said in a statement on the Saudi bourse Web site.
The conglomerate derives much of its income from investments in global equities. Kingdom has a 5% stake in Citigroup, as well as shares in Apple Inc. ( AAPL); News Corp., owner of Dow Jones Newswires, publisher of this report; Time Warner Inc. (TWX); and eBay Inc. (EBAY). It also owns 58.1% of Fairmont Raffles and a 47% stake in Four Seasons.
The company attributed the rise in its portfolio to "the improvement in Citigroup share price aggregating 83% and to News Corp. aggregating 9% and 8% for the balance of the shares," Kingdom Holding said in an emailed statement.
Prince Alwaleed, who owns 95% of Kingdom Holding, took a major hit last year as his investments on Wall Street around the world plummeted. The company posted a net loss of SAR29.7 billion in 2008, one of the largest corporate losses in Saudi's history.
"We are pleased by the recovery in the global economy and its favorable impact on Kingdom Holding Company," Prince Alwaleed said in an emailed statement.
Since February, the conglomerate's available for sale investments rose SAR2.5 billion since February, a 75% increase, the prince added.
Kingdom Holding's net profit plunged 83% to SAR92.1 million in the second quarter of the year, compared with a year earlier. Kingdom said the decline was due to lower dividend payments on its investments and a drop in operating profits from the hotels it owns and manages.
The company's shares closed Saturday down 2.3% at SAR4.50 in a broadly positive market.
On the surface, there are groups that own the actual media outlets like Clearwater and others, but in my mind the controllers of the media are the entities that pour in the billions of dollars for advertising to get their message spread.
So basically the Media is at the mercy of the advertisers, because without advertising dollars they (Private Media) lose profits, investors and are out of business and your stuck with NPR style media.
armymom1228
09-07-2009, 11:20
My dtr turned me on to a song, "waiting for the world to change" It contains a line I find particularily appropriate to todays media.
"when you own the information, you can bend it all you want..."
Knight-Ridder owned or owns a lot of newspapers.
here is a list, midway down the page.
http://en.wikipedia.org/wiki/Knight_Ridder
And yet another large newspaper chain.
http://www.mcclatchy.com/102/story/354.html
Most newspapers print out a list of the issues and candidates they 'suggest' voting for on election day. I have seen people literally take that sheet from the newspaper into the voting booth and vote whatever that newspaper suggests. Whether or not the owners of the company are liberal or conservative depends on what they suggest. At times I find that scary in the extreme.
On the surface, there are groups that own the actual media outlets like Clearwater and others, but in my mind the controllers of the media are the entities that pour in the billions of dollars for advertising to get their message spread.
So basically the Media is at the mercy of the advertisers, because without advertising dollars they (Private Media) lose profits, investors and are out of business and your stuck with NPR style media.
True - most advertisers are just trying to sell their product. They will quickly pull the plug when public sentiment goes against them. There is probably, a vicious circle here, so, which media group is stirring up the public?
Such as:
Pro Obama Media stir up sentiment against the Anti Obama Media – suggesting to their listeners of boycotts of advertiser’s products. Results, ads are pulled – eventually, Speaker is pulled.
Example:
Attack on Obama leads some of Glenn Beck’s advertisers to pull spots (http://www2.timesdispatch.com/rtd/news/national/national_govtpolitics/article/attack_on_obama_leads_some_of_glenn_becks_advertis ers_to_pull_spots/287994/P20/)
DAVID BAUDER AP Television Writer
Published: August 24, 2009
NEW YORK — Glenn Beck returns to Fox News Channel after a vacation on Monday with fewer companies willing to advertise on his show than when he left, part of the fallout from calling President Barack Obama a racist.
A total of 33 Fox advertisers, including Walmart, CVS Caremark, Clorox and Sprint, directed that their commercials not air on Beck’s show, according to the companies and ColorofChange.org, a group that promotes political action among blacks and launched a campaign to get advertisers to abandon him. That’s more than a dozen more than were identified a week ago.
While it’s unclear what effect, if any, this will ultimately have on Fox and Beck, it is already making advertisers skittish about hawking their wares within the most opinionated cable TV shows.
The Clorox Co., a former Beck advertiser, now says that “we do not want to be associated with inflammatory speech used by either liberal or conservative talk show hosts.“ The maker of bleach and household cleaners said in a statement that is has decided not to advertise on political talk shows.