Bloggers, journalism and Media Giants

If you remember back in 2001 when AOL and Time Waner merged, you'll get my point quickly.
AOL Time Waner susidiaries Warner Brothers and New Line Cinema are among the top 10 motion picture poducers. Warner music group artists account for 38 of the top 200 best selling albums and 16% of all US album sales. Time Waner Cable provides channels such as HBO, TBS, CNN, TNT, Nickelodeon and I believe the WB as well. Other media giants like Walt Disney that holds ABC, ESPN and Lifetime and Rupert Murdoch's News Corp. that includes Fox, book publishers and a ton of newspapers, magazines and Twentieth Century Fox are in the same scale. Sony of Japan owns Columbia Pictures, IMAX, CBS and Columbia records, and Square-Enix. Viacom owns Paramount, MTV, CBS, Simon and Schuster, and blockbuster.

That's five corporations that own just about everything in the media that you'll ever see.

What will happen to our "respected" and "established" journalism when these corporations decide that the public just doesn't need to know something? What if they want the public to believe that the world was going to end and crammed their entire media-scape with made up stories and facts full-force into our heads? They can do it because we have a freedom of speech that allows them to tell us whatever they want. Bloggers have the same freedom and can easily express it on the Internet. Who the public chooses to believe is a different matter.