Here We Go Again: How Murdoch’s Offer For Time Warner Fucks Hollywood
Back in 1983, some 90% of the U.S. media was controlled by 50 companies. I thought Hollywood had it bad enough when studios started gobbling up networks, and cable companies started taking over studios and networks. Now 90% of media is controlled by 5 companies — Comcast, Viacom, CBS, Walt Disney, Time Warner and 21st Century Fox.
Boldfaced emphasis added by me.