Is our world defined as a global village or village globe?

The first thought that comes to mind when the word 'globalisation' is mentioned is Marshall McLuhan's "Global Village". The media has become very commercialised and more so since interconnectivity has become a main source of communication. The global media market is dominated, largely, by the American style of commercially driven news culture. MNCs such as Disney, AOL Time Warner, Sony, News Corporation, Viacom, Vivendi and Bartelsmann have become major players in the industry and this influence has stretched across the world.

I believe that instead of increasing the scope of international news stories, the news has become narrower and more localised. Some international news reports seem to have taken on local angles when being reported locally. People have started paying more attention to international news because what is being reported usually has more information that is not censored, angled differently or trivialised. An example would be local Singaporeans are getting more involved in the political arena of other countries such as the US Presidential Election campaign in 2008. Many local Facebook users started up 'pages' for Barack Obama and posted links and pictures in support.

I believe interconnectivity has reached a point where regression may occur. As in in the past, news was on a wire and editors decided if they wanted to run or even pick up the story, then the system progressed to what it is now and it appears that with Twitter and RSS feeds, there's a possibility that people will go back to depending on-one liners or 140 characters-per-comment sites such as Twitter.