Share on Google Plus Share on Twitter Share on Facebook 1 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit 1 Share on StumbleUpon Tell A Friend 3 (5 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   6 comments

General News

Free Speech vs. Public Interest: FCC Complaint Against WI Talk Radio Looms Large for Hannity and Limbaugh

By (about the author)     Permalink       (Page 3 of 3 pages)
Related Topic(s): ; ; ; ; ; ; ; ; ; ; (more...) , Add Tags  (less...) Add to My Group(s)

Must Read 2   Well Said 2   Supported 2  
View Ratings | Rate It Headlined to H3 6/5/12

Become a Fan
  (19 fans)
- Advertisement -

But it's even more entangled. From it's earliest days, News Corp also had incredible help from Wall Street. In the "Black Monday" stock market crash of 1990, News Corp survived by getting extra-awesome sweetheart terms from banks who held off collecting about $7 billion in debt.

Murdoch, known for bartering free publicity for favors became a shill for Wall Street, blurring the line between news and planted PR over the years.

Another myth is that liberal shows are not popular: if you want to call NPR's All Things Considered and Morning Edition liberal, it's had ratings comparable to Limbaugh and Hannity for years and years, blasting their "free market" argument to bits.

In fact, the problem with Air America may have been that they relied on corporate America for advertising while NPR is largely listener-supported. How can you expect corporate sponsors to line up if you are reporting on the corrupting influence of industry money in politics?

Former Air America host Rachel Maddow is an example of this. Now the anchor of the MSNBC franchise, her show features paid commercials that promote everything from high-fructose corn syrup to hydrofracking. This proves that sponsors will spend millions on liberal shows, every night.

Does Romney Own Limbaugh and Hannity?

- Advertisement -

Next we have Bain Capital. As part owner of Clear Channel the syndicator of Limbaugh, Hannity and the other big talk hosts, it's no wonder they all favor Mitt Romney, Bain's co-founder who still collects millions every year from Bain in a retirement package.

Bain is a major shareholder in the Clear Channel media behemoth, but Morgan Stanley, Citigroup, Deutsche Bank, Credit Suisse and RBS are also investors, meaning it's in talk radio's interest to broadcast from the capitalist/corporatist point of view and shut down criticism during a crucial election period.

Ironically, Bain and it's partners even plundered Clear Channel. When Bain and it's partners acquired Clear Channel in July 2008, they loaded it with unsustainable debt, making it a $20 billion dollar time bomb. By January of 2009, the company laid off 9% of the total workforce, almost 2,000 employees to boost  interest payments to investors. Last October, hundreds more DJs and staff were fired to further cut costs.

Hannity and Limbaugh don't seem to mind that their company had it's assets raided, because they are paid for their political impact, not their profitability. Clear Channel's profit centers are big market music stations, while 38-station affiliates like Cumulus lose millions on the Rush Limbaugh Show. 

The programs we watch and hear are the result of decades of media consolidation and industry lobbying, reducing competitiveness, localization and diversity in a highly manipulated marketplace. This is not about the defunct Fairness Doctrine or censorship, this is about the rights of citizens to challenge and rebut lies, distortions and manipulations made over public US airwaves. Are we for or against propaganda?

Next Page  1  |  2  |  3


(OpEdNews Contributing Editor since October 2006) Inner city schoolteacher from New York, mostly covering media manipulation. I put election/finance reform ahead of all issues but also advocate for fiscal conservatism, ethics in journalism and (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon

Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Contact Author Contact Editor View Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Limbaugh/Hannity Parent Company Admits Hiring Actors to Call Radio Shows

The #OWS Video Rupert Murdoch Doesn't Want You To See

LocalLeaks' Charges of Cover-Up by Parents, Police in Steubenville Rape Forces Official Response [Updated]

Limbaugh, Hannity, Beck Respond To Report That Parent Company Hires Actors for Call-ins

#OWS Cheers As Defiant Judge Stops Obama From Selling Immunity To Wall Street

Obama to Grant Banks Robosigning Immunity in Showdown With Breakaway AGs [Updated]


The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
3 people are discussing this page, with 6 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Excellent analysis from Gustav Wynn.  He brea... by Sue Wilson on Tuesday, Jun 5, 2012 at 10:34:04 AM
In drafting the complaint against WISN and WTMJ, I... by Sue Wilson on Tuesday, Jun 5, 2012 at 10:53:52 AM
We have to ask then, how a show like The Sean Hann... by Gustav Wynn on Tuesday, Jun 5, 2012 at 11:31:44 AM
.This kind of discrimination can also be applied ... by Ginger McClemons on Tuesday, Jun 5, 2012 at 1:26:11 PM
a duplicate title and was revised and reposted. Si... by Ginger McClemons on Tuesday, Jun 5, 2012 at 1:30:11 PM
The equal time provision under Section 315(a) in t... by Sue Wilson on Tuesday, Jun 5, 2012 at 2:52:06 PM