The New Barons. Power, Politics, and Media
Our Partners at the European Journalism Observatory present:Media barons – media owners who use their newsrooms to exercise political pressure and power – have become more influential in many Central and Eastern European countries. The most recent mega deals in the U.S. and in Germany indicate that the barons are returning to the West too.
Current media markets are turbulent. Journalism is expensive and it is becoming harder to turn a profit. Successful business models are yet to be built. If media companies no longer generate profits, anyone who owns one must have a different motivation for their investment. In such instable circumstances, little wonder that media barons are reappearing.
For the full article on th European Journalism Observatory website click here