Power and the Media Industry Theorists: James Curran and Jean Seaton 'diversity is in the public interest - the modern societies suffer fro, collective attention deficit disorders [...] the public interest has to work harder to be noticed, and we need agile but resourceful media to do that' On monopoly: 'it extends their range of business and political connections, increases their corporations prestige and, through judicious editorial appointments, contributes to the maintenance of public opinion favourable to private enterprise' 'anti-monopoly media regulation is needed not only to maintain fair competition but also to prevent the distortion of democracy' KEY TERMS: Monopoly = exclusive/dominant ownership/control of something e.g. Stagecoach. Conglomerate = a large corporation consisting of multiple smaller companies Subsidiary = a smaller company owned by a larger corporation Vertical integration = one company buying other companies along...