Quotes About Conglomerates

In modern democracies, press freedom was being used as a cloak to shield media conglomerates' domination of public discussion 'in which misinformation may be peddled uncorrected and in which reputations may be selectively shredded or magnified. A free press is not an unconditional good.' When the media mislead, she added, 'the wells of public discourse and public life are poisoned'. Dr Onora O'Neill

You hear a lot of dialogue on the death of the American family. Families aren't dying. They're merging into big conglomerates.

The future of publishing lies with the small and medium-sized presses, because the big publishers in New York are all part of huge conglomerates.

according to one analysis, from 2000 to 2009, the largest media conglomerates together wrote down more than $200 billion in assets. And these companies' poor stock performance relative to indexes such as the S&P predates the business destruction precipitated by the Internet. Media companies have a history of predominantly achieving growth through acquisition, but revenue growth has not necessarily translated into better stock performance and a certain kind of market power.40