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When President Clinton signed the Telecommunication Act that deregulated corporate media and allowed ownership to concentrate in the hands of just a few companies, critics warned of potential dangers. They feared that as media ownership became concentrated among a few large corporations, the public would increasingly perceive news outlets as serving corporate interests rather than the public good, thereby eroding trust in the media. They also warned that with large corporations owning both media outlets and other business interests, investigative journalism might be stifled. Additionally, they argued that profit-driven media would prioritize attention-grabbing stories over serious journalism, leading audiences to view the media as shallow, unreliable, or manipulative. After three decades, how accurate were these critics in their assessment of the impact of deregulation? Join the conversation and get answers to this question and more on According2Sam episode #310.
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