The process by which ownership of outlets across broadcast television, radio, newspapers, streaming and digital media becomes concentrated in fewer corporate hands. Concentration has increased substantially since the 1990s, reducing the number of independent media companies while expanding the reach of the largest conglomerates, a trend that raises ongoing concern about diversity of viewpoints and the survival of local news.
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1. Wikipedia
Wikimedia FoundationOwnership of American media sectionQuote, Ownership of American media section
Over time, both the number of media outlets and concentration of ownership have increased, translating to fewer companies owning more media outlets.
View the Source Concentration of media ownership (Wikipedia)
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Concentration of media ownership, also known as media consolidation or media convergence, is a process wherein fewer individuals or organizations control shares of the mass media.
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