This summary analyzes scholarly theories on the influence of Western media on developing nations. Early theories like Modernization Theory praised Western media's potential to aid development. However, Dependency Theory argued Western corporations created dependencies that maintained underdevelopment. Structural Imperialism and Cultural Imperialism described unequal global power structures. More recent theories argue for asymmetrical interdependence and the influence of local entrepreneurs. Ultimately, the dominance of transnational capitalist media corporations shapes global culture by promoting consumerism and individualism to reinforce capitalist ideology and relationships. Reform requires publicly-funded media as an alternative to serve democratic goals.