Isn’t it sort of an Insult to America that there are only about 4 news companies that control 90% of the news?

When my Dad was a kid there WERE MANY news companies that had their share of the market but not now.There are about 4 that control 90% of the news market. It’s CBS-Owned by general electric MSNBC-Microsoft Fox-news corporation-rupport Murdock CNN-owned by time Warner. Here we have it America’s think tank how free I feel. Bellow are pics of the CEO’s of these companies so they control to a large degree what’s on the news and you though that American people were free thinking?

http://en.wikipedia.org/wiki/Steve_Ballmer

http://en.wikipedia.org/wiki/Jeffrey_R._Immelt

http://static.flickr.com/111/292353427_da2b7ac71a.jpg

http://www.theage.com.au/ffximage/2007/12/01/PM_Murdoch_narrowweb__300×351,0.jpg

Friday, March 12th, 2010 Uncategorized

5 Comments to Isn’t it sort of an Insult to America that there are only about 4 news companies that control 90% of the news?

  1. When your dad was a kid, there wasn’t the Internet. Internet has changed news entirely…..cable news is just one aspect of the dozens of media outlets that are readily available.

  2. smellyfoot ™ on March 12th, 2010
  3. And their all driven by ratings. The only way to get the important news is tO listen to NPR, BBC or DemocracyNow!

  4. gitrdoneobama on March 12th, 2010
  5. and to think that three of the four are owned and run by liberals.

  6. warren v on March 12th, 2010
  7. That is free Enterprise.

  8. Vernon C on March 12th, 2010
  9. Mergers are the American way…

  10. Miss Fix It on March 12th, 2010

Dow Jones Index

The Dow Jones Industrial Average (NYSE: DJI, also called the DJIA, Dow 30, INDP, or informally the Dow Jones or The Dow) is one of several stock market indices, created by nineteenth-century Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It is an index that shows how certain stocks have traded. Dow compiled the index to gauge the performance of the industrial sector of the American stock market. It is the second-oldest U.S. market index, after the Dow Jones Transportation Average, which Dow also created. The average is computed from the stock prices of 30 of the largest and most widely held public companies in the United States. The "industrial" portion of the name is largely historical—many of the 30 modern components have little to do with traditional heavy industry. The average is price-weighted. To compensate for the effects of stock splits and other adjustments, it is currently a scaled average, not the actual average of the prices of its component stocks—the sum of the component prices is divided by a divisor, which changes whenever one of the component stocks has a stock split or stock dividend, to generate the value of the index. Since the divisor is currently less than one, the value of the index is higher than the sum of the component prices.
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