When Is a Corporate Media Group Too Powerful? — Global Issues.
SAN JUAN, Nov 05 (IPS) – A multi-million-dollar grant from a major media conglomerate to a communications school here has been hailed by some as a shining example of corporate philanthropy working to improve the quality of journalism.
But others view it as a worrisome case of undue influence of media corporations on the formation of journalists.3
Last June GFR Media, Puerto Rico’s largest media company, gave a five-million-dollar grant to the Communications School of Universidad del Sagrado Corazón (USC), one of the country’s leading private universities. Upon receiving the grant, the university changed the school’s name to Ferré Rangel School of Communication, after the Ferré-Rangel family, which owns GFR Media.
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