© RT America
In today's mass media, journalistic standards may be at a low,
but at least profits are up. RT host Rick Sanchez together with journalists John Huddy and Chris Hedges look at how big moneyed interests took out a hit on the truth.
Whether we look at printed papers, TV news networks or talk radio, it is clear that a hand-full of "multi-billionaires" have by and large taken hold of the press, businessmen who "care little for the people they serve, let alone journalism," according to Sanchez, host of the nightly newscast on RT America.
News industry marketing strategies have pushed the major networks into following the highly profitable and hyper-partisan model set by Fox, even if it means leaving the facts to the wayside.
Today, "it's all about the right or the left, rarely is about the news," Sanchez said, before spelling out these media moguls' only real motivation:
"If there's one single word that ties together all that media decay, its money."
However, this wasn't always the case, as RT America correspondent John Huddy reminds us. While news networks used to be held to certain standards of balanced reporting, today the airwaves have become polluted with unbridled competition between "massive media companies vying for control."
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