Media Industries Flashcards
Institutions
- The organisations that create and distribute media texts
- E.g. BBC and News International.
Concentration of ownership
- Refers to the number of organisations or individuals who control ownership of the media
- Fewer stakeholders hold increasing shares.
Conglomerate
A large corporation that owns a large number of media companies- e.g. television, radio, internet, publishing – giving the conglomerate control in the market.
Convergence
The coming together of technologies and institutions to create a new product or media experience.
Demerger
Separating a large corporation into two or more smaller organisations.
Distribution
The ways in which media products are made available to audiences either physically or online.
Franchise
- A media franchise is a collection of connected media products derived from a single original source
- E.g. a film – with a comic and video game also produced about the film
Horizontal integration
Companies who acquire other companies operating in the same sector.
Merger
A combination of two media companies into one – usually to gain more power and influence in the market.
Vertical integration
A strategy that involves bringing supply, production, distribution, and sales together.
Newsworthiness
The relevance of a topic that is considered for publication.
Editorials
- A statement of the newspaper’s position on a topic
- An article in a newspaper or magazine that expresses an opinion on a topical issue
News values
Ways media companies assess and categorise news stories and decide on their newsworthiness.
Why do different media publications have different sets of news values?
Each media publication will have its own news agenda and set of news values.
Examples of news values
- Timing
- Important people
- Surprise
- Significance/closeness to home/human interest