NAME- MAKSUD ALAM S.T.D.- F.Y.B.M.M. ROLL NO.

- 43 CORPORATE OF MEDIA

Corporate media
"Corporate media" is a term which refers to a system of mass media production, distribution, ownership, and funding which is dominated by corporation and their CEOs.

Background
Media critics such as Robert Mc Chesney, Ben Bagdikian, Ralph Nader, Jim Hightower,Noam Chomsky, Edward S. Herman,and Amy Goodman suggest that such a media system, especially when allowed to dominate the mainstream media, inevitably will be manipulated by these same corporations to suit their own interests. They also argue that the programming on these outlets clearly reflects the conservative views of its owners, most notably Fox News Channel,

Propaganda model
Noam Chomsky and Edward S. Herman have established a propegenda modle which purports to explain this bias. The common misinterpretation of this model is that all bias is conscious and centralized. Other factors include the tendency of journalists to avoid doing original research, instead obtaining news from the same few wire services, such as Reuters and Associated press.

Impact of public relations on news and public affairs programming

This same economic pressure makes media susceptible to manipulation by government and other corporate sources through the widespread use of press releases, often created by industry-funded public relations firms.

Impact of the corporate media propaganda model on world events and society
The point of view and statements made by governments, officials, military, police, national security organizations as well as various other political offices are regularly reported as facts and are published without any fact checking by the corporate media. Perhaps the most infamous current example of the impact of the propaganda model on world events and societies was during the two year period following the 2001 US attacks.
The President of the United States George W. Bush and seven high ranking officials in his administration made at least 935 false statements about the threat posed to the world and to US national security by Saddam Hussein.

Interlocking Corporations, Corporate Power, and its Social Influences

The growing problem of monocracy, Badikian notes that in the 1980s, "less than 1 percent of all corporations, have 87 percent of all sales. Several issues arise from the fusion; under law and business ethics, the director of a firm is obligated to act in best interest of the company he or she is involved in, and failure to oblige under some circumstances can be a federal crime. This creates a dilemma in the governance of mass media: