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Consolidation
1 unrolled thread about consolidation, each one readable on a single page.
Dec 5, 2025
Forty years ago, 90% of media outlets were spread across 50 companies. Now, just 5 companies control 90% of the media market. This consolidation hurts consumers and helps oligarchs. 🧵
Summary
Media ownership has consolidated dramatically from 50 companies controlling 90% of outlets in 1984 to just 5 companies today, a trend accelerated by the 1996 Telecommunications Act. This consolidation reduces competition, makes independent creators vulnerable, raises consumer prices, and threatens traditional industries like movie theaters.
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