“My beef with big media” by Ted Turner. Washington Monthly July/August, 2004.
To get a flavor of how consolidated the industry has become, consider this: In 1990, the major broadcast networks–ABC, CBS, NBC, and Fox–fully or partially owned just 12.5 percent of the new series they aired. By 2000, it was 56.3 percent. Just two years later, it had surged to 77.5 percent.
This is interesting seeing that Turner’s one of the big media players. Perhaps he’s just mad because AOL Time Warner forced him to resign as Vice Chairman last January, 2003.
[Thanks Nancy!]
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