Answer is less diversity of media voices.
Major multinational firms own media stations and channels in various regions. Many media institutions rely on advertising payments to function, which can lead to the media outlet being swayed by diverse corporate interests. At times, ownership interests may have an impact on what is and is not covered.
Stories may become slanted or excluded in order not to anger sponsors or owners. Citizens' ability to make informed judgments is critical for a free and functioning democracy, but it is presently challenged by such concentration of ownership.
Therefore, greater concentration of ownership leads to fewer diversity of media viewpoints, which means that the public is underserved.
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