SATIRICAL LOOK AT THE THREAT OF MASS-MEDIA CONSOLIDATION
Moyers interviews financial-company founding partners who propose uniting all Wall Street hedge funds to bring all US media under one umbrella. This piece is a satirical look at what the logic of mass-media consolidation looks like when taken to the illogical extreme. The piece looks at the argument, often made by major media conglomerates when they seek consolidation, that competition is somehow not a sign of media freedom or is bad for the public interest.
(Fortunately, this is a joke, but one that can be taken seriouly: AT&T and BellSouth recently sealed a merger worth $85 billion, and AT&T wants not only to control network hardware, but content as well.)
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