Illusion of Choice

The below graphic is fascinating. It is from the United States, so it has no practical impact on Australia or New Zealand. The graphic tracks media ownership in the US from 1983 to 2011 and shows the impact of consolidation.

The graphic is from the website 'frugal dad', and you can visit their site by clicking on the image.

 

Media Consolidation InfographicMedia Consolidation Infographic

Source: Frugal dad

 




Andrew(17:18 25 May 2012)
It was pointed out on Twitter yesterday that a similar article with an Australian perspective was written about a week ago at

http://abcipaetc.blogspot.com.au/
Anonymous(1:38 26 May 2012)
The duopoly of Australian radio is the worst thing to have happened to the industry.
Sure the corporations can run it cheaper, but you have fewer jocks, journos .. staff in general.
And in many cases the profits go out of the country.
Then they wonder why retailers are doing it tough, and therefore advertising is tough.
It also limits your employment options if you don't like your current situation, as you may not fit the format of the alternate networks.
Let's hope the government doesn't allow even more stations to be owned by each corporation.

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CompanyStock IDPriceChange
Southern Cross Media
SXL
1.35
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APN
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1.15%
Fairfax Media
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1.16%
Macquarie Radio
MRN
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-2.27%
NZME
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Pacific Star Network
PNW
0.265
0.00%
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OCP
2.06
0.00%
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1.44%
Nine Entertainment
NEC
1.01
2.02%
Prime Media
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-1.72%

 
 
 

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