Monday 11 October 2010

Murdoch monopoly?

Mark Thompson, Director General of the BBC, warns of the potential "abuse of power" if Rupert Murdoch's News Corporation is allowed to buy the remaining 61% of BSkyB, achieving 100% ownership and a larger share in British broadcast media than the BBC. Clearly ascribing to a theory of liberal pluralism - which we will cover in the traditional media lecture - Thompson says this could lead to a "significant loss of plurality in our media market" and asks Vince Cable, the Business Minister, to block the deal. However such reference to power and dominance tends more towards theories of the political economy of the media and contextual analysis. See the media lecture for more explanation...

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