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Rather Oblivious 3/13/07

Posted by Steve Boriss in Competition.
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According to this article, longtime CBS anchor Dan Rather frets that “the consolidation of power in a small number of media companies has hurt the search for the truth in newsrooms across the country.” If only Rather and other news leaders had shown a similar concern for the much greater consolidation of news that has existed for decades. Until recently, the “national conversation” has essentially been controlled by 3 TV networks, 2 newspapers (New York Times, Washington Post), and one wire service. In fact, the consolidation Rather refers to is a symptom of increased competition, as the newspaper industry attempts to become more efficient and remain profitable to compete with news from cable TV and the Internet.

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