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Essay text:
Music accounts for a large proportion of
its income, while not far behind are its cable systems,
entertainment, films, video and television holdings. But,
the company has also centred its resources and invested in
the global media, producing programmes and channels for
countries around the world, which in turn has proven to be
a very lucrative area of growth. Time Warner in general
has become a “major force in virtually every medium and on
every continent”
So then, why should a company like Time Warner be a threat
to the public, and something which all of us citizens
around the World should be aware of ? Isn’t Time Warner
just a success of capitalism ? A successful company, which
employs thousands of people and makes massive turnovers,
while at the same time advancing the cause of the global
market and promoting commercialism doesn’t seem like a
thing of public concern...
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