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Reply #7: You're right [View All]

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Angry Girl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-05 03:47 PM
Response to Reply #6
7. You're right
Big Media Interlocks with Corporate America
http://www.commondreams.org/views05/0624-25.htm

A research team at Sonoma State University has recently finished conducting a network analysis of the boards of directors of the ten big media organizations in the US. The team determined that only 118 people comprise the membership on the boards of director of the ten big media giants. This is a small enough group to fit in a moderate size university classroom. These 118 individuals in turn sit on the corporate boards of 288 national and international corporations. In fact, eight out of ten big media giants share common memberships on boards of directors with each other. NBC and the Washington Post both have board members who sit on Coca Cola and J. P. Morgan, while the Tribune Company, The New York Times and Gannett all have members who share a seat on Pepsi. It is kind of like one big happy family of interlocks and shared interests. The following are but a few of the corporate board interlocks for the big ten media giants in the US:

* New York Times: Carlyle Group, Eli Lilly, Ford, Johnson and Johnson, Hallmark, Lehman Brothers, Staples, Pepsi

* Washington Post: Lockheed Martin, Coca-Cola, Dun & Bradstreet, Gillette, G.E. Investments, J.P. Morgan, Moody's

* Knight-Ridder: Adobe Systems, Echelon, H&R Block, Kimberly-Clark, Starwood Hotels

* The Tribune (Chicago & LA Times): 3M, Allstate, Caterpillar, Conoco Phillips, Kraft, McDonalds, Pepsi, Quaker Oats, Shering Plough, Wells Fargo

* News Corp (Fox): British Airways, Rothschild Investments

* GE (NBC): Anheuser-Busch, Avon, Bechtel, Chevron/Texaco, Coca-Cola, Dell, GM, Home Depot, Kellogg, J.P. Morgan, Microsoft, Motorola, Procter & Gamble

* Disney (ABC): Boeing, Northwest Airlines, Clorox, Estee Lauder, FedEx, Gillette, Halliburton, Kmart, McKesson, Staples, Yahoo

* Viacom (CBS): American Express, Consolidated Edison, Oracle, Lafarge North America

* Gannett: AP, Lockheed-Martin, Continental Airlines, Goldman Sachs, Prudential, Target, Pepsi

* AOL-Time Warner (CNN): Citigroup, Estee Lauder, Colgate-Palmolive, Hilton

Can we trust the news editors at the Washington Post to be fair and objective regarding news stories about Lockheed-Martin defense contract over-runs? Or can we assuredly believe that ABC will conduct critical investigative reporting on Halliburton's sole-source contracts in Iraq? If we believe the corporate media give us the full un-censored truth about key issues inside the special interests of American capitalism, then we might feel that they are meeting the democratic needs of mainstream America.
http://www.commondreams.org/views05/0624-25.htm

Bold-faced companies above are those that stood to gain from the illegal Iraq invasion. Please correct any mistakes.... Thanks.
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