Media has changed a lot since the 70's obviously, mainly due to technology.
Yes... there's also an aspect of technology evolving into its 'best' use. I would say that the generation that grew up watching television, for example, understood television than the first content producers - who came from radio. The people producing web content now grew up with the web.
With the past centralized media, it was mainly controlled by professional white and jewish men, not because they were evil, but because that's just who mainly worked in large media companies, especially in positions of power.
Yes. The 'Jewish' angle had to do with Jews in America. You can read a book called "Our Crowd" which is just fascinating in its detailed review of the Jewish experience in transition from Germany to New York. It was anti-Semitism that ironically was to account for the Jewish tradition of entrepreneurship ... and which happened to land in America at the time when new media (film, radio) were evolving from vaudeville. The nickelodeons were small arcades that had hand cranked film viewers. These were eventually to become the powerful cinema chains, etc.
Another factor that drove this to white-anglo/Jewish men was the huge capital costs involved in building, maintaining and running the infrastructure. So the existing business networks had to be used to develop film and radio.
I am going to respond to the rest of your post separately. You wrote a lot of substance, so it can be broken down into a few topics.
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