Word: cbs
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Dates: during 1990-1999
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...overwhelmed by all the choices available. Newspaper readership is in steady decline. That's partly because most people now get their news primarily from TV: 59% according to a TIME/CNN poll, vs. 23% from newspapers. But the audience for network news is also dropping. Fifteen years ago, the CBS Evening News, NBC Nightly News and ABC's World News Tonight together were watched in 41.2% of all American TV homes. Last season that combined audience sank to an all-time...
...media concentration has caused journalism to lose much of its aggressiveness and credibility. The Nation magazine last June devoted a special issue to media conglomerates, including a chart detailing the tentacles of four dominant companies: General Electric (owner of NBC), Walt Disney Co. (ABC), Time Warner (CNN) and Westinghouse (CBS). Americans may be tuning out the news, the magazine speculated, "because they don't trust its homogenized premise of objectivity, especially when Disneyized, Murdochized, Oprahized and Hard Copyized." Though these corporate ownerships are becoming more apparent (Good Morning America travels to Disney World more often), the homogenizing factor...
Which still leaves consumers the task of sorting through it all. "People are experiencing a great information overload," says CNN president Tom Johnson. "It's up to us to find ways to simplify how the audience can receive this information." CBS News president Andrew Heyward sees another problem with the news explosion. "We seem to have lost a sense of proportion," he says. "Everything is made to seem equally important, from the fall of the Berlin Wall to the latest scandal in Washington. We lack the vocabulary to convey the true importance of some events, because we're always moving...
Disney and ABC. General Electric and NBC. Westinghouse and CBS. Microsoft and MSNBC. Time Warner and Turner. Among the trends in the media world is consolidation, with sprawling corporations' owning news organizations and raising the specter of conflicting interests and a less diverse babble of journalistic voices. The Nation magazine this summer published an octopus-like chart of media conglomerates, noting that the companies themselves would be unlikely to do so. Herewith, we do so, detailing that of our parent company...
...Reasons Bob Dole Should Be Elected President of the United States, as presented by Elizabeth Dole, making her first appearance on the Late Show with David Letterman. --CBS 10/11/96...