Center for American Progress, November 1, 2007
By Eric Alterman and George Zornick

Media concentration at the national level is continuing apace. Case in point: Rupert Murdoch is rapidly adding media outlets to his portfolio, most recently picking up Dow Jones & Co. and The Wall Street Journal all while launching the new Fox Business Channel. Even so, media moguls and the megacorporations they run will soon be free to push this process into overdrive.

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