The latest reading from MacPhail surprised me in that I had no idea that Canadian media corporations dominate the world scene as much as they do. In fact, I hadn't heard of ANY Canadian media outlets outside of the CBC until reading this passage. It is amazing that American media outlets, especially television outlets, are readily available in Canada, yet we here in America have not a clue what is going on just over the border.
I wonder how long it will be before some of these smaller global media organizations are eaten up by the top 5 media conglomerates. In the age of consolidation and increased competition, it seems that global media conglomerates will be seeking every edge they can get, and the opportunity to penetrate further into markets controlled by these smaller groups may be enticing enough to incur wholesale buyouts.
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