Gene's Footnotes

I have never been impressed by the messenger and always inspect the message, which I now understand is not the norm. People prefer to filter out discordant information. As such, I am frequently confronted with, "Where did you hear that...." Well, here you go. If you want an email version, send me an email.

April 02, 2012

Caveat: April 2, 2012

About 95% of all TV programming comes from a group of seven companies – Disney (ABC), News Corp. (FOX), NBC (owned by Comcast and General Electric), CBS, Time Warner, Viacom, and Discovery Communications.
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The interesting news is that competition is close via the Internet: Intel, Google, Microsoft, Sony, Apple. Still not much of a world view. It is weird that Russia TV covers the United States news with items that never make it to our TV.  


The Internet should be the source of free information, but the government and industry will eventually control it. If you can think of a new distribution channel, you will be very rich.


I am not a fan of national socialism, but I doubt one should fight it with national oligarchy:


...A recent FAIR study of nine major media corporations and their major outlets,Disney (ABC), General Electric (NBC), CBS, Time Warner (CNN, Time),News Corporation (Fox), New York Times Co., Washington Post Co.(Newsweek), Tribune Co. (Chicago Tribune, L.A. Times) and Gannett(USA Today) found connections to six different insurance companies. Five out of the nine media corporations studied shared a director with an insurance company; two insurance companies—Chubb and Berkshire Hathaway—were represented by more than one media corporation director.

The study also found crossover between these media corporations and several large pharmaceutical companies, such as Eli Lilly, Merck and Novartis, whose profits would also likely be negatively impacted by a single-payer system. Out of the nine media corporations studied, six had directors who also represented the interests of at least one pharmaceutical company. In fact, save for CBS, every media corporation had board connections to either an insurance or pharmaceutical company.

For example, the board of directors of the Chubb Corporation, whose accident and health division has offered health insurance for over 30 years, shares directors with two major media companies: Gannett and General Electric. A search of the Nexis database from January 1 through June 30, 2009, found just six articles mentioning single-payer in USA Today, Gannett’s major outlet. Out of those, only one (6/12/09) is from an advocate—a reprinted block quote from Sen. Bernie Sanders (Ind.-Vt.) originally published in the Huffington Post (6/8/09). On NBC News, GE’s major outlet, single-payer was mentioned on only two occasions in the past six months. Of those two occasions, one was on Meet the Press (6/28/09), in which both Republican strategist Mike Murphy and former Governor Mitt Romney asserted that a public option would lead to a single-payer plan. The other NBC News mention of single-payer was favorable, but very brief—PBS’s Tavis Smiley named Obama’s move away from the plan as one of his concerns after Obama’s first 100 days (4/25/09).

At the Washington Post Co., two directors are on the board of insurance conglomerate Berkshire-Hathaway, whose subsidiary General Re sells health reinsurance. In fact, Washington Post director Warren Buffet not only chairs Berkshire-Hathaway’s board, he is the company’s CEO. (Berkshire-Hathaway is also one of the 10 biggest U.S. advertisers, along with pharmaceutical company Abbott Labor-atories—Ad Age, 6/22/09.) Another Washington Post director, Thomas Gaynor, is the vice president of insurance company Markel Corporation. In the past six months, the Washington Post has published hundreds of articles on the subject of healthcare reform, fewer than 25 of which mention single-payer. Fewer than 30 percent of the sources who spoke about single-payer in these articles were advocates of the plan. 
In all, though healthcare reform has been mentioned thousands of times in the output of these media corporations’ major outlets, single-payer was mentioned in only 164 articles or news segments from January 1 through June 30, 2009; over 70 percent of these mentions did not include the voice of a single-payer advocate. Over 45 percent of the pieces that did include a single-payer advocate were episodes of the Ed Show, an MSNBC program whose host, Ed Shultz, frequently advocates for single-payer healthcare. Without the Ed Show, just 19 percent of articles or news segments that mentioned single-payer would have included an actual advocate of the plan. 

While it should go without saying that correlation is not causation—and MSNBC’s example proves that interlocking directorates are hardly the only factor in media coverage—this study indicates that, at the very least, corporate media and the insurance and pharmaceutical industries’ interests are fundamentally aligned.


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