Here is another great article I found via Mediabistro's media news aggregator service. This one is regarding big media regulation, and a recent victory for democracy whereby proposed legislation that would have allowed large media companies to own newspapers as well as TV and radio stations in the same markets was shot down.
http://www.thenation.com/doc/20080616/mcchesney
At least there is some sense left in this country. I've worked for several big media companies and they have a whole lot of positive aspects, like greater resources and, at least in the past, more employment stability, but no one company should be allowed a monopoly on the press in any given area. Big media already owns too much, in news and entertainment. Thank god for the internet. At least that's still open to anyone, and a lot of people are putting up a fight to keep it that way.
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