The document discusses several topics related to the modern media landscape in the United States, including:
1) Ownership of media outlets has become more consolidated, with a small number of large corporations owning a wide variety of media properties across TV, radio, publishing, etc. This poses risks if viewpoints outside the mainstream have trouble finding an audience.
2) New technologies like the internet and WikiLeaks have increased access to information but also the spread of misinformation. They have empowered a new form of "adversarial journalism" aimed at exposing wrongdoing.
3) The government regulates broadcast media through the FCC but not print or online media. Regulations aim to promote fairness and equal access for political candidates but do