April 26, 2003 · Lessig
One measure of the cost of concentration is the effect that creators say it will have. Here’s an extraordinary interview by Bill Moyers with Barry Diller. Favorite line: Moyers’ asks, doesn’t the explosion in the number of channels mean we have more diversity?
Diller: “No. Because what we have is an absolute fact that five companies control 90 percent of all of it. It has been reconstituted. Instead of it being three channels that were controlled by a few people, there are now 500 controlled by a few people.”