I meant what I said namely that News Corp is not a monopoly in Australia but is opposed by a government controlled broadcaster and a competing family of oligarchs. I said nothing about the US and certainly nothing about corporate interests.
If you wish me to address the US, then fine. Of course, there is a wealth of easily accessed information freely available to the public in the US and presumably in Australia as well. The question is what people are willing to pay for or to sit through advertising to support in order to have the information actively brought to them. But to you comment about corporate interests, I grew up in a fairly major city where the largest circulation newspaper was owned by a "charitable" trust, and you would have difficulty imagining how horrible that was. I mean literally you would have difficulty believing how the paper behaved under non-profit ownership. While the paper is horrible today, it is horrible in totally different, less horrible ways after an act of Congress in the 1980s targeted directly at the paper forced the foundation to sell to corporate interests. The competing paper, the local news radio station and the TV station with the highest rated local news were owned by the family of a former governor and his more politically active progeny.
The major city I live in now has a local "non-profit" virtual newspaper online that people regularly send me articles from; reading information posted on the site, I learned that their coverage on specific issue categories is funded by a series of local foundations. The foundation that subsidizes all of the coverage of education is The Bush Foundation, which was originally funded by 3M and is now run almost exclusively by former administrators from the local state university at which I work. The Bush Foundation was run several years ago by a recently retired university President who did some shady things on his way out the door funneling money to a research center run by one of his protégées who then hired him to a virtual no-show job that caused a minor scandal. Please give me coverage funded by corporate advertising, if this is the alternative. The idea that corporate-ness is the central problem of media seems bizarre to me.
Somewhat ironically, the corporation that bought my local paper from a foundation had a wonderfully interesting conversation with President Obama's high school many years ago. When called for comment regarding a news story about the fiduciary behavior of the board of trustees of this incredibly rich high school, the board responded by calling the corporate headquarters of the media company and offering to buy (for I think $600,000,000) the local newspaper in order to shut down any public examination of how a small group of people handled what had grown into a multi-billion dollar endowment for a high school with very few students.
When I worked in finance, I personally sent all of my direct managers at my employer to federal prison. I also later got drawn into the implosion and prosecution of a mid-sized financial firm that I did business with, which had some interesting ties to the Clinton family. Even with this experience, I am still regularly stunned by how horribly the bureaucracy and administration of a large public university behave on a day-to-day basis. Let's just say that everything I have read about the Catholic Church's response to child molestation makes perfect sense; I can assure that no coordinated conspiracy is necessary in such an institution to yield such consistent responses. At some point, I will sit down and try to use the tools of my trade to formally understand the hows and the whys of individual behavior within bureaucratic institutions. But I have witnessed first hand "organizations" that overtly and vocally eschew both capitalism and the profit motive behave more atrociously than I ever saw in the private sector, and as I said I worked in finance and closely observed criminality that was actually successfully prosecuted. The manner in which bureaucracy allow individuals to dissociate their behavior from outcomes and the failure to maintain compatible incentives are far more determinate of dysfunction.