May 1 2012
The Real Reason They Still Play 'Mrs. Robinson' On The Radio
Stations haven't been playing "Mrs. Robinson" for 32 years just because everyone likes Simon & Garfunkel (although I really do love them!). It's because 80% of stations' playlists match all across the country. So much for thinking that media exposes us to new and different ideas, eh?
In 1983, 90% of American media was owned by 50 companies.
In 2011, that same 90% was owned by 6 companies:
- News-Corp (Murdoch : Fox), also owns the top newspaper on 3 continents
- Disney Viacom
- Time Warner
The big six control 70% of your cable.
In 1995, the FCC forbade companies to own more than 40 stations, yet Clear Channel owns 1,200 stations.