Final answer:
Jeff Immelt's decision to sell NBCUniversal to Comcast is an example of media consolidation, approved by the FCC in January 2011. This merger emphasizes the control a few corporations have over multiple media outlets and the potential impact on content diversity.
Step-by-step explanation:
The corporate decision made by GE CEO, Jeff Immelt, to sell NBCUniversal to Comcast is representative of larger trends in media consolidation. This landmark event in media occurred in January 2011, when the Federal Communications Commission (FCC) approved the merger of Comcast, the nation's largest cable and home internet service provider, with NBCUniversal. The latter was a significant content producer, owning local stations and various high-revenue cable channels such as MSNBC, CNBC, USA, Bravo, and SyFy.
This merger highlights the concentration of media ownership, where a few large corporations hold sway over a significant proportion of newspapers, television and radio stations, cable systems, and other media outlets. The implications of such consolidation are vast, potentially influencing the range of content available to consumers and the diversity of viewpoints presented in media.