Bill Moyers: "Big Media is Ravenous.

The veteran broadcast journalist Bill Moyers spoke on Friday before 3,500 at the opening of the National Conference on Media Reform in Memphis. He announced his return to the airwaves and outlined his vision of media reform. "As ownership gets more and more concentrated, fewer and fewer independent sources of information have survived in the marketplace; and those few significant alternatives that do survive, such as PBS and NPR, are under growing financial and political pressure to reduce critical news content and to shift their focus in a mainstream direction, which means being more attentive to establishment views than to the bleak realities of powerlessness that shape the lives of ordinary people."

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Bagdikian's revised and expanded book, The New Media Monopoly, shows that only 5 huge corp -- Time Warner, Disney, Murdoch's News Corporation, Bertelsmann of Germany, and Viacom (formerly CBS) --

-- now control most of the media industry in the U.S. General Electric's NBC is a close sixth.