The Modern Canadian Newspaper Industry - 1849 Words

Pg. 1 The newspaper was invented to control and standardize information. It allowed rumours to be separated from facts and provided hard evidence. The evolution of the newspaper caused fewer companies to be in charge of press, resulting in biased information that lacked depth. The modern Canadian newspaper industry is only owned by a few companies. This is caused by absent alternative funding which influences market concentration, biased news coverage, and many other negative effects. The news being published lacks diversity and becomes increasingly uniform. Absent funding causes barriers to be broken between business and news, creating an industry that is profit driven. This desire for profit creates monopolies and furthers the issue of biased media. It also heightens competition between journalists and causes downsizing of newsrooms. Absent alternative funding for the Canadian newspaper industry leads to concentration of ownership and influences news coverage to lack diversity. Th e lack of funding for newspaper companies causes concentrated ownership and leads to biased news coverage. â€Å"Media markets are inherently concentrated, and to the extent that market profitability cannot accommodate sufficiently competitive markets, absent alternative funding, the ensuing concentration levels may unavoidably yield biased coverage.† (Germano Meier 2012). When newspaper companies are lacking funding, they may get replaced by bigger companies who have the money to stay inShow MoreRelatedThe Impact Of Media On Indigenous Collective Action1725 Words   |  7 Pages One of the most famous images within Canadian history is that of a tense moment between two men facing each other. The image shows a masked armed indigenous man leaning over the smaller soldier before a moment of apparent confrontation. 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