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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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From: axial1/18/2013 10:03:09 PM
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CNET, CBS and the Newspaper/Broadcast Cross-Ownership Rules

' Let me add to this yet-another-reminder why media ownership matters. One occasionally hears alleged that media owners will never risk such damage to their brand as to intentionally interfere with their co-owned distribution platforms. As incidents like this remind us, that is just wishful thinking. People do stupid crap all the time. But when I make a stupid decision, I do not end up censoring national news. The idea that owners like CBS will decide not to influence news coverage because, as rational actors, they don’t want to risk damaging their brands goes in the same category as believing that banks would never make risky loans so we can deregulate the subprime mortgage market.'

tales-of-the-sausage-factory.wetmachine.com

Jim
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