industry theories Flashcards
Curran & Seaton
power and media industries:
media is driven by the logic of power and profit
media is controlled by a small number of companies primarily concerned with gaining profit and power
socially diverse patterns of ownership helps to create conditions for more varied and adventurous media products
Hesmondhalgh
cultural industries:
exploration of media industries
media companies try to minimise risk and maximise audiences through vertical and horizontal integration
vertical- owns different businesses in the same chain of production and distribution.
horizontal- Ownership of several businesses of the same value
the largest companies and conglomerates now operate across a number of media industries
livingstone & lunt
regulation theory:
exploration of media policy
there is an under lying struggle between the need to further the interest of citizens (protect from harmful material) and the interest of consumers (choice, value, competition)
the rise of media conglomerates and the emerging production, distribution and marketing of digital media have placed traditional approaches to media regulation at risk