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The Monday Morning Memo

In 1983, 50 companies controlled 90% of media in the United States. Then came the Telecomunications Act of 1996 and a series of adjustments in the FCC’s regulations on media ownership during in the early 2000’s.  This is when we saw the rise of Clear Channel, recently renamed iHeart.

So by 2012, that same 90% of all media was controlled by just 6 companies.

Teddy Roosevelt – a Republican – left his mark on America as the great “trust-buster.” What was called a “trust” in his day is called a “corporation” today.

This was done again in _____ when Ma Bell was broken up to create all the baby Bells….

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Random Quote:

“The humorous story is told gravely; the teller does his best to conceal the fact that he even dimly suspects that there is anything funny about it; but the teller of the comic story tells you beforehand that it is one of the funniest things he has ever heard, then tells it with eager delight, and is the first person to laugh when he gets through. And sometimes, if he has had good success, he is so glad and happy that he will repeat the ‘nub’ of it and glance around from face to face, collecting applause, and then repeat it again. It is a pathetic thing to see.”

- Mark Twain, from How to Tell a Story and Other Essays

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