Watch the full speech: http://thefilmarchived.blogspot.com/2013/07/manufacturing-consent-thought-control.html
"Corporate media" is a term which refers to a system of mass media production, distribution, ownership, and funding which is dominated by corporations and their CEOs. It is sometimes used as a term of derision to indicate a media system which does not serve the public interest in place of the "mainstream media" or "MSM," which tends to be used by both the political left and the right as a derisive term.
Media critics such as Robert McChesney, Ben Bagdikian, Ralph Nader, Jim Hightower, Noam Chomsky, Edward S. Herman, and Amy Goodman suggest that such a media system, especially when allowed to dominate the mainstream media, inevitably will be manipulated by these same corporations to suit their own interests. These critics point out that the main national networks, NBC, CBS, and ABC, as well as most if not all of the smaller cable channels, are owned, funded, and controlled by an interconnected network of large corporate conglomerates and international banking interests, which they say manipulate and filter out news that does not fit their corporate agenda.
Noam Chomsky and Edward S. Herman have established a propaganda model which purports to explain this bias. The common misinterpretation of this model is that all bias is conscious and centralized. The process however is hypothesized to be decentralized and operates as a confluence of factors that includes the overt pressure from owners and advertisers, but also by the gradual internalization of the biases and values of the corporate owners, leading to self-censorship.
Other factors include the tendency of journalists to avoid doing original research, instead obtaining news from the same few wire services, such as Reuters and Associated Press, which themselves tend to cover the same news under the same perspective. Due to the desire to reduce operation costs, the mainstream media favor news pieces that are pre-made by these news agencies instead of conducting their own reporting.
Public broadcasting includes radio, television and other electronic media outlets whose primary mission is public service. Public broadcasters receive funding from diverse sources including license fees, individual contributions, public financing and commercial financing.
Public broadcasting may be nationally or locally operated, depending on the country and the station. In some countries, public broadcasting is run by a single organization. Other countries have multiple public broadcasting organizations operating regionally or in different languages.
Historically, in many countries (with the notable exception of the US), public broadcasting was once the only form or the dominant form of broadcasting. Commercial broadcasting now also exists in most of these countries; the number of countries with only public broadcasting declined substantially during the latter part of the 20th century.