Source: Fairness & Accuracy in Reporting
by Caitlin Scialla
“When Ben Bagdikian, an esteemed journalist and early FAIR contributor, published his groundbreaking book The Media Monopoly in 1983, he painted a troubling picture of US media consolidation, reporting that 50 corporations controlled the media business. With each reprint, that number dwindled (FAIR.org, 6/1/87). When FAIR replicated his analysis in 2011 (Extra!, 10/11), it stood at 20. Now, over 40 years after the initial release of The Monopoly Media, the media landscape has transformed drastically. Even Bagdikian’s later editions, written at the dawn of the internet, could not fully anticipate how profoundly digital technology would reconfigure the media oligarchy. ‘News’ is increasingly synonymous with online news. Over half the US public (56%) say that they ‘often’ get news through their digital devices — compared to less than 1 in 3 (32%) who often get news from TV, 1 in 9 from radio, and only 1 in 14 from print publications like newspapers or magazines (Pew, 9/25/25).” (02/04/25)
https://fair.org/home/the-digital-media-oligarchy-who-owns-online-news/