"In 2004, Ofcom fundamentally altered the balance of power between British broadcasters and independent production companies with the introduction of new “terms of trade”. This happened pretty invisibly to anyone outside the industry, but the effects were profound.
"Under these terms, indies retained more of their rights – meaning, among other things, that the most successful of them became richer. And the richer they became, the more attractive they were as takeover targets. The results were a weakening of the broadcasters’ budgets and power, and the creation of super-indies. The results were a weakening of broadcasters’ budgets and power, and the creation of super-indies which became ever more dominant suppliers to those broadcasters. These conglomerates of production companies were (and are) themselves sometimes owned by some the world’s biggest media players."
Unintended consequences...
But since the media are our collective eyes and ears, liberty for all must also involve restricting the power of "overmighty subjects" (and non-subjects).
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