In 1983 there were 50 different corporations that had control over our media, today there are only six: Viacom, Comcast, Disney, TimeWarner, CBS, and News Corporation.
Is anyone surprised by this?
For what it’s worth: The article is is linked over here if you’d like to read (I’ve skimmed through and it seems to be focusing on changes to the tax law and the effects they will have on various groups of people). But here’s something of note: With the piece, there is a link specifically to an interactive infographic that describes how the tax law changes would affect people in most income ranges. It goes as low as “single unemployed person” making less than $10,000 per year. Here’s what it looks like:
It’s not a situation where they don’t think low-income people exist. It’s just that they were showing one set of examples in the top one, and left the more granular examples for the interactive graphic. That doesn’t explain why the interactive graphic got flat orange stick figures and the one above got frowny-faced upper-middle-class people, but the WSJ has people making under $180k covered — at least online.