Reply #111: The '96 Telecom Act [View All]

[MadHound]

This allowed an already consolidated media to consolidate even more. It allowed more media monopolization. Back in '96, there was 15-20 media corporations that controlled 90% of the US media market, books, TV, movies, newspapers, magazines etc. With the signing of the Telecom Act, it allowed those corporations to merge even more, and now we have wound up with 5 corporations controlling 95% of the media market. Oh, and out of the those five corporations, four of them have a direct, vested money interest in continuing the war in Iraq.

Here's a link if you wish to read the whole thing: <http://www.ntia.doc.gov/otiahome/top/publicationmedia/newsltr/telcom_act.htm>