News articles often include a "disclosure." If the article refers to a company or entity that is owned or associated with the news organization producing the article, they will say so. As media companies become more and more consolidated, the more likely the news organization will be reporting on another company owned by the same parent corporation.
The guys writing the news are very aware of this phenomenom, as I discovered in the wee early hours of the morning on July 12. Around 2:45 am, I was reading an article on CNN.com about Time Magazine's report of a White House leak. The last sentence read as follows:
Time, like CNN, is a part of the Time Warner media empire.
It seems someone was having a bit of fun with the current state of media consolidation. Someone else didn't think it was so funny. By the time I got to work at 10 am, the article remained the same, except for the last line which now reads:
Time is owned by Time Warner, the parent company of CNN.
-Ed
Screencap of original article.
Screencap of revised article.
Ed Mundy is part of the Silly Spider Monkey Fiasco, which also operates this web site.
Compliments,
I couldnt agree more. I once consolidated a credit card debt.