Question

What is the ownership structure of the news media in the United states

Answer 1

The ownership structure of the news media in the United states is given in the following

Explanation:

• Media of the United States consist of several different types of media: television, radio, cinema, newspapers, magazines, and Internet-based web sites. The U.S. also has a strong music industry.

• Many of the media are controlled by large for-profit corporations who reap revenue from advertising, subscriptions, and sale of copyrighted material.

• American media conglomerates tend to be leading global players, generating large revenues as well as large opposition in many parts of the world.

• With the passage of the Telecommunications Act of 1996, further deregulation and convergence are under way, leading to mega-mergers, further concentration of media ownership, and the emergence of multinational media conglomerates. These mergers enable tighter control of information.

• Currently, five corporations control roughly 90% of the media.

Critics allege that localism, local news and other content at the community level, media spending and coverage of news, and diversity of ownership and views have suffered as a result of these processes of media concentration.