The Propaganda Model is a concept in economics developed by Noam Chomsky and Edward S. Herman about how corporate organisation of the media creates systematic biases.
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1. Ownership
The size and profit-seeking imperative of dominant media corporations create a bias. Since mainstream media outlets are currently either large corporations or part of conglomerates (e.g. Westinghouse or General Electric), the information presented to the public will be biased with respect to these interests. Such conglomerates frequently extend beyond traditional media fields and thus have extensive financial interests that may be endangered when certain information is publicized. According to this reasoning, news items that most endanger the corporate financial interests of those who own the media will face the greatest bias and censorship.