... communications used to be, in itself, an autonomous solely owned corporation. However, this changed by the 1980's, the majority of all major American media- magazines, televisions, radios, books, newspapers, and movies- were controlled by fifty giant corporations. Today, only twenty-three conglomerate corporations own the media. Elite theorists have articulated that giant business enterprises and politicians ... were successful because their production costs were significantly lower than newspapers that were not ad-based. As a result, ad-free newspapers took a plunge in the media competi...

• Word Count: 4809
• Approx Pages: 19
• Grade Level: Undergraduate