The increase in corporate power and global reach, the mergers and further centralization of the media, and the decline of public broadcasting, have made bottom-line considerations more influential both in the United States and abroad. The competition for advertising has become more intense and the boundaries between editorial and advertising departments have weakened further. Newsrooms have been more thoroughly incorporated into transnational corporate empires, with budget cuts and a further diminution of management enthusiasm for investigative journalism that would challenge the structures of
...more