“No one seems to remember that television networks are corporations to begin with”
When people talk about the corporatization of network news, they mean that something that was once run in the service of truth and the public interest is now being run according to the principles of the marketplace. No one seems to remember that television networks are corporations to begin with. They are creatures of a particular political, financial, and legal environment, and, as that environment changes, they adapt.
Louis Menand, “Seeing It Now”, The New Yorker (9 & 16 July 2012), 93.