Media Reform Information Center:
"In 1983, 50 corporations controlled the vast majority of all news media in the U.S. At the time, Ben Bagdikian was called 'alarmist' for pointing this out in his book, The Media Monopoly.
In his 4th edition, published in 1992, he wrote 'in the U.S., fewer than two dozen of these extraordinary creatures own and operate 90% of the mass media' -- controlling almost all of America's newspapers, magazines, TV and radio stations, books, records, movies, videos, wire services and photo agencies.
He predicted then that eventually this number would fall to about half a dozen companies."
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