Doctored Media: Changing business of news.
Napoleon feared four hostile newspapers more than a thousand bayonets. Anyone – in the government or private domain – who has the opportunity to allow, disallow or regulate the flow of information can virtually ‘run’ a parallel government and psychologically doctor mind and soul of men, women and children.
By Neeraj Mahajan
90% of what Americans watch read and listen is controlled by these six
media conglomerates who also have an impact on the rest of the world. But such media
monopolies are not exclusively to be found in U.S.A alone. This trend is
global. Almost The all the giant media companies’ have had to reinvent their
business model to stay ahead of the economic recession. It’s hardly a surprise that
most such top-media groups are in the developed world. And because they control
the news and information the developing countries have to depend on them even
to know what is happening in their own backyard.
One
such media entity is Germany’s Axel Springer corporation AG -- one of Europe’s
largest newspaper publishing and multimedia companies, with over 150 newspapers
and magazines in 36 countries including Germany, France and Spain. Newspapers
all over the world depend on four main news agencies: Associated Press (AP),
Reuters, Agency France-Presse (AFP) and China’s Xinhua News Agency. A good
chunk of their news comes from them. It may be recalled how Associated Press of
India (API) a British-controlled agency was initially reluctant to report about
the freedom movement in India hence Free Press of India News Agency came into
existence.
Another German business Bertelsmann is one of the world’s largest media
companies that owns RTL Group – one of the two major private TV companies in
Germany and Netherlands and having assets in Belgium, France, UK, Spain, Czech
and Hungary. Apart from this it owns Gruner+Jahr the leading publisher of Stern
and investigative news magazine Der Spiegel. Bertelsmann also owns Random House
#1 book publisher in the English-speaking world and #2 in Germany.
If
that does not shock you, try this: 75% of global expenditure on
advertising is consumed by top 20 media companies. Just 5-6 top ad agencies
dominate the 350 Billion dollar advertising industry.
All this definitely has an impact on
the global media where conglomerates like Viacom, CBS Corporation, Time Warner,
News Corp, Bertelsmann AG, Sony Corporation of America, NBCUniversal, Vivendi,
Televisa, Walt Disney Company and Hearst Corporation– earn more profits than
most independent country’s GDP. As a result their owners individually as well
as jointly wield enough to directly or indirectly veto any government’s
policies. The trend in media ownership is not only restricted to
exercising influence over domestic
politics but also creation of 'global media empires' that include newspapers,
television stations, magazines, movie studios and publishing houses.
It is said that Napoleon feared four
hostile newspapers more than a thousand bayonets. As the proverbial fourth
estate the media has a huge responsibility and power to disseminate unbiased
news and information, fair and impartial comment to inform, inspire, motivate
and educate people. Media was supposed to act in public interest – with any
fear or favor. The media has a powerful influence on the way the whole society
think, act and behave. Not just news, entertainment
and books but even cinema has an impact on the mindset of the society and its politics.
Anyone – in the government or private domain – who has the opportunity to allow,
disallow or regulate the flow of information can virtually ‘run’ a parallel government
and psychologically doctor mind and soul of men, women and children.
In a democracy the public needs
sufficient information to make informed judgments for the greatest good of the
greatest number. As someone said; "A popular government without popular
information or the means of acquiring it is but a prologue to a farce or a
tragedy; or perhaps both. Knowledge will forever govern ignorance; and a people
who mean to be their own governors must arm themselves with the power which
knowledge gives." That is why "the public's right to know" – is
the fundamental principle of journalistic code of ethics. As Gandhi himself a
journalist wrote: “an uncontrolled pen serves but to destroy.”
Traditionally
Print (books, pamphlets, newspapers and magazines), Recordings (gramophone
records, magnetic tapes, cassettes, cartridges, CDs, DVDs), Cinema, Radio and
Television were among the five recognized mediums of mass communications. Lately
Internet and Mobile phones-- two new mediums have been added to this category. Mobile
phone is said to be the most perfect media – which never gets switched off like
a TV or Radio and is always within hands reach of its owner – even in the
toilet or while sleeping. It supports text, voice, graphic and multimedia–
everything that any of the other media can do. The realization that the mobile can
be both a personalized means of two way as well as simultaneous communication
with a large group is beginning to change the business of news.
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