I didn't downvote, but I don't see it as well reasoned. It's essentially the "two wrongs make a right" fallacy[1]. In this case, increased media consolidation has nothing to with how fake internet news is.
In fact, I'm of the opinion that further media consolidation will move us further from low-bias information sources and towards more MSNBC / FoxNews extreme partisan news sources. It will likely continue the convergence of entertainment and journalism which only serves to dilute the little media literacy that we still have in the USA.
In fact, I'm of the opinion that further media consolidation will move us further from low-bias information sources and towards more MSNBC / FoxNews extreme partisan news sources. It will likely continue the convergence of entertainment and journalism which only serves to dilute the little media literacy that we still have in the USA.
[1] https://en.wikipedia.org/wiki/Two_wrongs_make_a_right