Summary of How 5 Mega-Corporations Control Everything You Watch on TV

00:00:00 - 00:05:00

Chris Chappell discusses how five large corporations control most of what Americans see on television. These companies often have a one-sided view of the world, which can have serious implications for democracy.

• 00:00:00 This video discusses how five large corporations control most of the media you see on television. This often leads to a one-sided view of the world, as the large companies are able to manipulate the media to their own advantage. This can have serious implications for democracy, as the majority of Americans are not able to get a variety of perspectives on important issues.
• 00:05:00 In this video, Chris Chappell, host of America Uncovered, discusses how five mega-corporations control everything you watch on TV. These companies are Rupert Murdoch's Wall Street Journal, Jeff Bezos's Washington Post, Bloomberg's Bloomberg, the New York Times itself, and Carlos Slim's Mexican billionaires. These billionaires say that their personal biases do not affect the media entities they control, but there have been some problems. For example, Bloomberg employees have said it is hard to report on corruption and go after the elite when the elite are the same people contributing to Bloomberg's annual 9 billion dollar revenue. President Trump has gone after Amazon for tax evasion, and does that affect how the Washington Post reports since Jeff Bezos owns both the Post and Amazon? The nonpartisan research group Center for Responsive Politics found that the television movies and music industry is contributing heavily to political candidates, and this industry collectively contributed five and a half million dollars to Donald Trump's presidential campaign and almost twenty four million dollars to Hillary Clinton's campaign. The reason these media companies were able to form essentially monopolies is because of a different Clinton Bill, Clinton and his 1996 Telecommunications Act. This act promoted competition as the key to opening new markets and new opportunities, but according to this report from the public