Will a few determine what the many read, watch & think?

If Comcast and Time Warner Cable and 21st Century Fox and Time Warner merge, America could be on its way to a handful of companies deciding what its citizens read, watch and think.

That’s the warning in James B. Stewart’s Business Day article.

Think about it:  

In 1983, 50 companies owned 90 percent of the media consumed by Americans. By 2012, six companies controlled that 90 percent.

The top six studios account for 85 percent of theatrical film revenue. Fox and Warner Bros. lead the way with 19% (Fox) and 17% (Warner).

In television, five producers account for 85 percent of the market.

To read the entire Business Day article by James B. Stewart, click on

http://www.nytimes.com/2014/07/26/business/a-21st-century-fox-time-warner-merger-would-narrow-already-dwindling-competition.html?_r=0