Corporate news is any information about a company that appears in a journalistic context, such as in a newspaper, on television or radio, or online. It can include new products, changes in leadership or management, and mergers and acquisitions. It also can cover economic shifts and market trends. Business news is often perceived as being biased and unreliable, but it can be a useful tool for companies seeking to build their brand awareness.
Many people are concerned that when media outlets are owned by corporations, they will stop reporting truthfully. They believe that a corporation’s highest priority is to maximize profits for its shareholders, and that if it can achieve this goal by altering information or presenting it in a certain way, it will do so. This is especially feared in the case of local news organizations, which are typically more vulnerable to being bought out by corporate entities.
Moreover, many people are concerned that corporate-owned media will become more politically biased. They believe that corporations will attempt to influence the political sphere in order to advance their own interests, and that this could be done by funding campaigns and promoting specific candidates. In a democratic society, it is important to have a diversity of viewpoints expressed through a variety of media outlets, and this is impossible if the majority of these outlets are owned by self-interested corporations.