What's wrong with the mainstream media?

[John_James]

@Graham Wright

“lets just agree to disagree”.

In what more substantive ways does government intervene in the media, which make the current Big Media a bad model for what a free market media could be? How does the government (or how did the government before the internet) maintain the media cartel?

Milton Friedman - Freedom of the airwaves

And when talking of monopoly here, Friedman states that in the US, the strongest and most important monopolies are those that derive from governmental privilige…and lists the monopoly of a TV license first.

Finally, isn’t there a decent argument to be made that Big Media is actually very efficiently satisying consumer demand right now… aren’t the masses getting exactly what they want from their TV’s and newspapers?

Not according to the ratings and subscriptions.