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Due to changes in the law over the past 20 years or so, most
newspapers, magazines, and broadcasting stations in the US have
been bought by a few large corporations. This process is known
as media consolidation.
Concerned about their bottom line, these companies have often
taken steps to ensure they increase their profit margin even
at the expense of their news coverage. These steps include reducing
the total number of reporters and editors in their news divisions
and ordering them to cutback on their expenditures.
They have also ordered their news producers to close some of
their foreign offices. This decreases the amount of
international news that can be published or broadcast.
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