Saturday, July 09, 2005

THE MEDIACRACY

CORPORATIONS AND BIG MEDIA ONE BIG HAPPY FAMILY

PETER PHILLIPS, PROJECT CENSORED - Mainstream media is the term often used to describe the collective group of big TV, radio and newspapers in the United States. . . However, mainstream media no longer produce news for the mainstream population-nor should we consider the media as plural. Instead it is more accurate to speak of big media in the US today as the corporate media and to use the term in the singular tense-as it refers to the singular monolithic top-down power structure of self-interested news giants.

A research team at Sonoma State University has recently finished conducting a network analysis of the boards of directors of the ten big media organizations in the US. The team determined that only 118 people comprise the membership on the boards of director of the ten big media giants. . . These 118 individuals in turn sit on the corporate boards of 288 national and international corporations.

In fact, eight out of ten big media giants share common memberships on boards of directors with each other. NBC and the Washington Post both have board members who sit on Coca Cola and J. P. Morgan, while the Tribune Company, The New York Times and Gannett all have members who share a seat on Pepsi. It is kind of like one big happy family of interlocks and shared interests.

The following are but a few of the corporate board interlocks for the big ten media giants in the US:

New York Times: Caryle Group, Eli Lilly, Ford, Johnson and Johnson, Hallmark, Lehman Brothers, Staples, Pepsi

Washington Post: Lockheed Martin, Coca-Cola, Dun & Bradstreet, Gillette, G.E. Investments, J.P. Morgan,

Moody's Knight-Ridder: Adobe Systems, Echelon, H&R Block, Kimberly-Clark, Starwood Hotels

The Tribune (Chicago & LA Times): 3M, Allstate, Caterpillar, Conoco Phillips, Kraft, McDonalds, Pepsi, Quaker Oats, Shering Plough, Wells Fargo

News Corp (Fox): British Airways, Rothschild Investments

GE (NBC): Anheuser-Busch, Avon, Bechtel, Chevron/Texaco, Coca-Cola, Dell, GM, Home Depot, Kellogg, J.P. Morgan, Microsoft, Motorola, Procter & Gamble

Disney (ABC): Boeing, Northwest Airlines, Clorox, Estee Lauder, FedEx, Gillette, Halliburton, Kmart, McKesson, Staples, Yahoo

Viacom (CBS): American Express, Consolidated Edison, Oracle, Lafarge North America Gannett: AP, Lockheed-Martin, Continental Airlines, Goldman Sachs, Prudential, Target, Pepsi

AOL-Time Warner (CNN): Citigroup, Estee Lauder, Colgate-Palmolive, Hilton

http://www.mediachannel.org/views/dissector/affalert400.shtml

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