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MEGATRENDS AND MEDIA

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<strong>MEDIA</strong> <strong>AND</strong> MARKETING GAMES OF THE OLIGARCHS<br />

dictionary of foreign words explains oligarchy as a form of government<br />

where the state power is in hands of a small group of people. 2 According<br />

to many, in Greece there is the government of minority also at present.<br />

While the New York Times paid attention in autumn 2014 to the arrival<br />

of Central European and Eastern European oligarchs into the sector of<br />

mass media, the German Spiegel and NDR paid attention in March 2015<br />

to the aims of the leader of Syriza Alexis Ciprasos to ight against the<br />

impact of Greek oligarchs on the economy. They have a strong inluence<br />

in the country due to the power over the banks, estate agencies and<br />

Greek media. There is a term in Greek „diaploki“ to call the relationship<br />

between the political system and the most powerful families, it can be<br />

translated as „secret agreement“. The term was established in early<br />

1990s when there appeared irst private TV stations in Greece. At that<br />

time, politicians began to provide licences also for private individuals,<br />

which were used right by rich businessmen, often with attachment to<br />

the state orders. 3 „Greece has the biggest density of media in Europe: more<br />

than 80 newspapers and 50 TV stations“. 4 Nearly 90% of Greeks receive<br />

news on TV. It is strange, as Christides adds that mass media in Greece<br />

are one of a few institutions which enjoy even less trust than political<br />

parties. Many mass media provide only losses to their owners. However,<br />

oligarchs do not seem to be bothered. For example, the TV station Mega<br />

lost in the irst half of the year 2014 approximately 6.500.000 Euros;<br />

the publishing house Pegasus even 11 million Euros in the same period.<br />

Besides, majority of media companies have debts in millions. The study of<br />

the European Commission shows that Greek oligarchs do not fund their<br />

mass media in order to inform the public but in order to be able to put<br />

pressure on the government and that way to inluence domestic politics<br />

in compliance with their commercial interests. This view, according to<br />

the documents published on Wikileaks, is alleged to be shared by the<br />

Embassy of the USA in Athens. „Greek media business is controlled by<br />

2 Slovenské slovníky. [online]. [2015-04-04]. Available at: .<br />

3 CHRISTIDES, G.: Griechische Oligarchen: Meine Zeitung, meine Bauirma,<br />

mein Land. [online]. [2015-04-04]. Available at: .<br />

4 LANGE, W.: Griechenland: Tsipras und die Medien-Oligarchen. [online].<br />

[2015-04-04]. Available at: .<br />

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