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As information and entertainment become a major part of our culture, media companies have been creating ways to become more efficient in reaching viewers and turning a profit.
Successful media companies usually buy out other companies to make them more powerful, profitable, and able to reach a larger viewing audience.
For those critics, media deregulation is a dangerous trend, facilitating an increase in concentration of media ownership, and subsequently reducing the overall quality and diversity of information communicated through major media channels.
Increased concentration of media ownership can lead to the censorship of a wide range of critical thought.
Some say that the Minot train derailment was exacerbated by consolidation of media, but an EOU study cited by Radioworld notes that even though Minot's media was under the same ownership, the Emergency Alert System (EAS) – which is completely automated – should have been activated by emergency management officials (media personnel are not necessary for EAS activation) but was not.
Globally, large media conglomerates include National Amusements (Viacom and CBS Corporation), Time Warner, 21st Century Fox, Sony, Comcast, The Walt Disney Company, AT&T, Hearst Communications, MGM Holdings, Grupo Globo and Lagardère Group.Media integrity is at risk when small number of companies and individuals control the media market.Media integrity refers to the ability of a media outlet to serve the public interest and democratic process, making it resilient to institutional corruption within the media system, economy of influence, conflicting dependence and political clientelism.Media mergers have become more prevalent in recent years, which has people wondering about the negative effects that could be caused by media ownership becoming more concentrated.Such negative effects that could come into play are lack of competition and diversity as well as biased political views.The five core truths have emanated from this movement that analyze and directs progressive forces in this critical juncture.