Page "Media of the United States" Paragraph 3

American media conglomerates tend to be leading global players, generating large revenues as well as large opposition in many parts of the world.

Further deregulation and convergence are under way, leading to mega-mergers, further concentration of media ownership, and the emergence of multinational media conglomerates.

Critics allege that localism, local news and other content at the community level, media spending and coverage of news, and diversity of ownership and views have suffered as a result of these processes of media concentration.