When mass media jobs are a joke
Business Insider / Business Insider via Getty Images The rise of the mass media as the new digital powerhouses in the digital economy is the latest chapter in a story of how mass media companies have become enmeshed with a corrupt, power-hungry corporate culture.
The digital era is shaping the way we communicate, collaborate, and even interact with each other, and as it happens, mass media is a major player in this new digital world.
Here are five ways that the media industry is playing a role in this transformation.1.
Mass media pay out millions of dollars in bribes to media outlets with lucrative contracts with advertisers and media partners, according to a New York Times investigation.
In 2015, BuzzFeed reported that the advertising revenue generated by BuzzFeed alone accounted for almost $100 million per month in its most recent financial year.
In its most recently annual report, the company said that the revenue was up to $9.4 million per year.
BuzzFeed has also acknowledged that in 2016, it paid more than $50 million in a single day for access to top-ranking journalists and editors, as well as top-tier advertising revenue.
In total, BuzzFeed paid nearly $300 million to media partners for access, including the New York Post, Time, BuzzFeed News, CNN, and others.
The Times found that, over the past decade, BuzzFeed’s “bribes” have included nearly $150 million for access and $50.5 million for the purchase of exclusive, paid access to “Top 40” reporters.
BuzzFeed said that it was committed to the highest ethical standards in the world, but that it does not make any “bribe payments.”
“It is our policy not to make any of our partners a client of BuzzFeed,” a BuzzFeed spokesperson told the Times.
“We don’t pay to have a relationship with these organizations.”
BuzzFeed did not immediately respond to a request for comment.2.
In recent years, the companies that have been hit the hardest by the mass-media corruption have been those that have the most money at stake, such as publishers and the companies themselves.
As The Verge reported, in 2015, “the average publisher had just $12.8 million in cash and stock and $1.2 million in the bank,” compared to $2.9 million for Google, Facebook, and Apple.
And the number of companies whose executives were paid more in 2016 than in 2015 has also risen, with the average executive salary at the top-10 companies at $922,000.
“That’s the sort of money that you can’t live off,” says John R. Doerr, a professor of public policy at the University of Michigan.3.
In 2017, a study by the American Institute of Philanthropy found that media conglomerates have become more like pharmaceutical companies than traditional media companies.
The study found that “the companies that had the highest market share for their products had the most lobbying influence,” and that “media companies had the largest financial influence in Washington.”
The report also found that while most media companies do not have to disclose how much they pay to their top employees, “fewer than half of the top 10 companies have disclosed how much the CEOs earn in salaries.”
The top 10 corporations that paid the most were: News Corp., AT&T, Verizon, Comcast, Verizon Wireless, Microsoft, Disney, Netflix, and Warner Bros. The report found that more than half were also among the top 5 companies with the largest share of stock in their companies.4.
As of 2017, the media landscape has evolved into an “information war,” with a war between media conglomerats like Facebook and the Internet giants like Google, Twitter, and Google+ for the vast majority of our information.
The war is now taking on a new, darker tone as the companies become increasingly powerful in their ability to control the information we consume and the news that we hear.
In a recent survey, Pew Research found that 70% of Americans believe that the Internet is a “massive weapon” in our culture war.
The survey found that 56% of millennials believe the Internet has “a huge influence on how people think, feel, and behave.”
“I don’t believe that they’re going to win this war,” said Paul T. Smith, a member of the media ethics panel at the Center for Media Justice, a non-profit that advocates for media ethics.
“It’s a war of perception.”5.
A 2016 report from the National Academies of Sciences, Engineering, and Medicine found that the rise of mass media has “the potential to profoundly reshape our national and international societies.”
The study concluded that “mass media are not merely the most powerful forms of media available to citizens.
They are also an indispensable tool in shaping our societies.”
A report by the Center on Media Justice found that in order to have “the kind of influence that is needed to influence the world at large, [Mass Media] will need to be the most pervasive form of information available