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Reply #4: It gains influence to increase profits and grow. [View All]

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azul Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-23-11 07:07 PM
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4. It gains influence to increase profits and grow.
It uses its reporting to tell truth or lies for whomever is in power, liberal or conservative, to get tax breaks and concessions and takeover authorizations.

But it is a corporation, and it is leaning more to push for corporate-state governments rather than socialistic ones, though it is a creature of opportunity, after all.

Media corporations need to have a mission, imposed by law, to serve the public interest, and not be allowed to stray. Newcorps' abuse of this influence power gained from its public privilege position has been the lesson learned. There should be consequences for the company and its shareholders, too.
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