Media in the US: lax campaign financing bad for democracy but good for media companies
US campaign financing rules have been relaxed even further in recent years, making a worrying problem about the state of American democracy worse (because those with money have even more ability to try and buy votes or influence policy).
Media coverage of this issue, though it may pop up from time to time, seems quite limited. Perhaps because it is estimated that television stations this year could make as much as eight billion dollars from political campaigns.
The state of US mainstream media has unfortunately been lamentable for many years, and after the issues around hurricane Katrina, it was thought that the media would be rejuvenated. Unfortunately it does not seem that way.
This page has been updated with further information about campaign financing issues and how limits in the US have been lifted making the problem worse. Also added were notes on US press freedom, and an info graphic on media ownership concentration.
Read full article: Media in the United States