Word: warners
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Dates: during 1990-1999
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This latest sally in the news wars has sparked an extraordinary corporate feud. Murdoch has charged that Time Warner reneged on an agreement to carry the Fox News Channel on its cable systems, opting for MSNBC instead. (Time Warner had been required by the Federal Trade Commission to pick up one CNN competitor in order to win approval of the Turner merger.) This was a blow to Murdoch's hopes of expansion, since it means he will be blocked from Time Warner's almost 12 million cable homes--most crucially those in New York City, where Fox is based. Last...
...critics claims that growing 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...
Since I make my living online--at Pathfinder, an enterprise that will be working mouse in glove with CNN thanks to the merger of Time Warner with Turner Broadcasting--I thrill to any evidence that people are turning to their information appliance, the PC, when they need news fast. Like spaceships sent out to seek havens for a doomed civilization, mainstream media are trying to colonize cyberspace, but the early returns are mixed and revenue streams narrow. A few daring publishers have begun--apostasy!--billing visitors to their sites. The Wall Street Journal Interactive, for instance, announced last week that...
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...
...company that owns us has grown. Back when we were a small company, our reviewers could, for example, assess a book published by Little, Brown (long owned by Time Inc.) without having anyone (including the reviewer) pay the slightest attention to the connection. Since the merger with Warner, we face a lot more suspicions...