Amid Media Megamergers, A Mosaic of Community Media Thrives
The business press is all atwitter with merger news, as federal regulators are set to approve a massive deal between cable giants Charter, Time Warner and Bright House Networks. The $78 billion transaction will create the second-largest cable TV/Internet company, dubbed “New Charter,” next to Comcast, and leave just three major cable providers in the US. Meanwhile, the Gannett Company, which owns more than 100 newspapers, including USA Today, is attempting to acquire Tribune Publishing, which owns several major newspapers, including the Los Angeles Times and the Chicago Tribune.
This looming consolidation in the corporate media is happening as we celebrate “Democracy Now!” news hour’s 20th anniversary. We are on a 100-city tour of the United States, going from city to city, hosting fundraisers for community media outlets and broadcasting the news as we travel. Our travels confirm that a thriving, vibrant community media sector exists, serving the public interest, free from the demands to turn a profit at any cost.
Amid Media Megamergers, A Mosaic of Community Media Thrives