"Right now, there is a whole, an entire generation that never knew anything that didn't come out of this tube! This tube is the gospel, the ultimate revelation; this tube can make or break presidents, popes, prime ministers; this tube is the most awesome goddamn propaganda force in the whole godless world, and woe is us if it ever falls into the hands of the wrong people..."
The big three, what's the big three? Ten years ago it was common knowlege, NBC, ABC, and CBS. Now There's FOX, UPN, and WB, and that's just the networks. Most of the recent growth is due to the Telecommunications Act of 1996.
"The Telecommunications Act of 1996 is the first major overhaul of telecommunications law in almost 62 years. The goal of this new law is to let anyone enter any communications business -- to let any communications business compete in any market against any other. The Telecommunications Act of 1996 has the potential to change the way we work, live and learn. It will affect telephone service -- local and long distance, cable programming and other video services, broadcast services and services provided to schools."
Cable companies became a worthy adversary for the networks, stealing ratings and advertisers. In order to keep up the networks needed help and the mergers/buyouts began.
"We are no longer an industrialized society; we aren't even a post-industrial or technological society. We are now a corporate society, a corporate world, a corporate universe. This world is a vast cosmology of small corporations orbiting around larger corporations who, in turn, revolve around giant corporations, and this whole endless, eternal, ultimate cosmology is expressly designed for the production and consumption of useless things. . . "
|Let's play: Match the Companies|