90% of U.S. media (TV, radio, news) is owned by only 6 corporations.
In 1983, 50 companies owned 90% U.S. media*. Since the Telecommunications Act of 1996, the act that reduced the Federal Communications Commission (FCC) regulations on cross ownership, 90% of U.S. media, is owned by 6 companies, Viacom, News Corporation, Comcast, CBS, Time Warner and Disney (Corcoran, 2016; Lutz, 2012).