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Thread: AP, News Corp bosses say pay up

  1. #11
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    Re: AP, News Corp bosses say pay up

    Quote Originally Posted by vauge View Post
    I totally and completely 100% disagree with that statement.

    From what I heard you say, getting your news from a King is better than listening to a pauper.

    Wrong, capitalism is the only fair way of balance. People will pay for what is the best price and the best news. Take out all the "regulations" - and let true evolution take its course and the strongest survive. Sometimes the King might get it right and other times the pauper is the one to listen to. Let private ownership thrive and then will we receive quality news again.
    I'm not so sure that free market capitalism is going to produce quality news...it seems to be the opposite, as news organizations promote sensationalist headlines and scramble to appeal to the lowest common denominator. Back in the day, the news agencies of media conglomerates were loss leaders...and the parent companies were OK with that.

    Granted, I don't think government-funded media is necessarily high-quality, objective news either (although PBS does a fairly good job). But let's not pretend that the free market is going to solve all the problems here. The media is not exactly a heavily regulated industry as is.
    Last edited by Kandahar; 10-10-09 at 07:07 PM.
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    Re: AP, News Corp bosses say pay up

    Quote Originally Posted by PeteEU View Post
    Dont worry about that. Newscorp may be "big" but it is also a whole different "dog" than say a bank or AIG.

    For one, Newscorp divisions are country dependent. Hence splitting off say Sky in the UK, Sky in Italy and Sky in Germany would be rather simple, since they already are running on the stock exchange as separate companies. This goes for most of Newscorp.

    Plus I suspect there could be some issue with the fact that Newscorp has not even been a US company for that long. Yes legally it has only been a US company since 2004. Before that it was an Aussie company. Which is funny enough one of the reasons Murdoch and Fox News back the Republicans. Clinton blocked Murdochs attempt for years to incorporate Newscorp in the US.. you see, the law states to own media in the US, you have to be a US citizen...

    But the danger of companies like Newscorp is when the owners exact an editorial view on the over all view of the news gathering and reporting mechanism. And in Newscorp's case it has been quite considerable. Private ownership of news gathering organisations are as dangerous as public owned organisations when they both are actively influenced by their "owners" to show a certain view. That is why rules and regulation's are so important.
    so nice to see you actually can be a constructive participant in threads without bashing america

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    Re: AP, News Corp bosses say pay up

    Quote Originally Posted by vauge View Post
    I totally and completely 100% disagree with that statement.

    From what I heard you say, getting your news from a King is better than listening to a pauper.

    Wrong, capitalism is the only fair way of balance. People will pay for what is the best price and the best news. Take out all the "regulations" - and let true evolution take its course and the strongest survive. Sometimes the King might get it right and other times the pauper is the one to listen to. Let private ownership thrive and then will we receive quality news again.
    What has capitalism brought us for news? Corporatism. The mass media conglomerates only care about money, and therefore ratings, and therefore about producing the most trashy, sensationalist news possible. Kandahar is right, there is no journalistic integrity in broadcast news anymore. People have sold out left and right.

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    Re: AP, News Corp bosses say pay up

    Quote Originally Posted by PeteEU View Post
    Eh? you even read the article? Since when are AP and Newscorp Chinese? You do understand that it is AP and especially Murdoch's Newscorp that are pushing for "pay news" online right? The only things that are standing between what we have now and that is.. government funded news organisations like the BBC...
    Regardless....

    Murdoch can stick in his ear.

    News is free in the country. If he doesn't like it, he can go hump a roo.

  5. #15
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    Re: AP, News Corp bosses say pay up

    Quote Originally Posted by vauge View Post
    I totally and completely 100% disagree with that statement.

    From what I heard you say, getting your news from a King is better than listening to a pauper.

    Wrong, capitalism is the only fair way of balance. People will pay for what is the best price and the best news. Take out all the "regulations" - and let true evolution take its course and the strongest survive. Sometimes the King might get it right and other times the pauper is the one to listen to. Let private ownership thrive and then will we receive quality news again.
    And I disagree fully.

    If we look at the US news media market (TV) and the UK market (TV) we see 2 very different things.

    In the UK where there are rules and regulation, (not imposed by the Government btw, but by the industry), the TV news media is considerably unbiased and actually reports the facts. People actually trust the news media far far far more than Americans.

    In the US we quite the opposite. It is the wild wild west of News gathering. Sensationalism and making up stuff just to prove your political view. There is not much factual News left in the US news media. That is your "free market" in the works.. and you are happy with that?

    A free market where Fox News is a major player and yet has hard time with the truth and unbiased reporting. Where the opinions of the owners shines through the editorial bias on a daily basis. That is not news, that is propaganda.. that is what we had in Europe before put in safeguards to prevent it. In Europe it was the state owned companies that were the problems, but every since we cut the cord between (except financial) the two and put in rules to prevent bias, then things changed. Yes free market private companies also joined in and have to live up to the same rules.

    The free market and capitalism are on paper lofty goals, however in reality they are subseptable to the greed and power hungry urges of humankind and that is dangerous as hell since it goes against the principles of free market and capitalism...
    PeteEU

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