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Blog Post Date: Oct 20, 2005
I'm just reading Clash of the Titans by Richard Hack.
This is a dual biography about Ted Turner of Turner Broadcasting empire and Rupert Murdoch of the Fox News Network. These guys are multibillionaire media giants.
The thing that I keep thinking about is that even though these guys are titans of business and media and news, they don't publish a fraction of what is published on the internet each day.
If it was possible to read all of the blogs of all genres, I'm sure the pages published would be in the hundreds of thousands.
Anyway, it's interesting to hear about the start of CNN which is currently the credible source for news, especially with disasters and wars etc. CNN has come along way since it was a gleam in Ted Turner's eyes. According to this book, CNN was on the brink of bankruptcy before it hit some breaks. This was in the first few years of its existence.
The beauty of the internet is that it is uncensored. When you're reading people's blogs, it's what's on a person's mind. Blog writers don't have to write to appease a boss, in most cases.
When watching CNN this past few weeks with Hurricane Katrina, I got a sense that CNN was ratings grabbing, even though they had the ratings in their pockets. It was amazing that at some points they would show only some pictures until some new news broke. Then all of a sudden they would show a more relevant set of photos and video feed.
I have already read the Clash of the Titans once. I am going to reread it to glean out some more points. These media titans are described as having a whole bunch of control over how people think about the news etc.
I am beginning to see that bloggers might have a little corner on the real opinion market. Blogs are 'Opinions Unscripted'
By Monty Loree - Financial Maturity blog - Topic - Ted Turner, Rupert Murdoch News and Media Titans
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