Social Media

Another topic we discussed in class was social media, and how most of the media is owned by six major corporations, yet these corporations have little to nothing to do with the media. The six big corporations are Disney, General Electric, News-Corp, Viacom, Time Warner, and CBS. Over time the amount of companies controlling the media has gradually been decreasing, in 1983 90% of the media was owned by 50 companies, however now these six companies own the same percentage of the media, 90%. As we can see the ownership of the media is slowly becoming a monopoly with fewer companies involved in the ownership of the media. It was interesting to see how so many companies was took part in the media and how it has shrunk to only six companies now. These six companies now control what we read, watch, and listen to. These major companies now have a great amount of power to influence the public into their way of thinking.