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
Content provider
Any organisation that makes material for material viewing on any platform.
UGC- User-generated content
Any form of content created by the users of an online system.
Platform
The technologies, software or apps that allow media producers and customers to interact, e.g. social media.
Monetisation strategy
The proposed method for making income from the product.
Commercial broadcasting
Privately owned media broadcasting of television or radio programming.
Public service broadcasting
Television and radio programmes that are broadcast to inform, entertain or educate the public, without trying to
make a profit.
Subscription broadcasting
Any platform/broadcaster that offers access to its content for a subscription.
Regulation
- Rules or sets of standards that are expected to be adhered to
- Regulatory bodies oversee that this is being done by media companies
BARB
Broadcasters’ Audience Research Board – the organisation that measures and collects television viewing data in the UK.
BBFC
British Board of Film Classification – responsible for deciding the age classification and censorship of all films and video content released in the UK.
IPSO
The Independent Press Standards Organisation is the independent regulator of the newspaper and magazine
industry in the UK.
What does OFCOM stand for?
Office of Communications
What is OFCOM?
- Government-approved regulatory body responsible for ensuring that communication and broadcasting industries in the UK operate fairly and competitively
- Protects the public from inappropriate or offensive material
PEGI
- Pan European Game Information – the organisation that judges what the age ratings should be for games.
- Produces guidance for consumers (mainly aimed at parents) so that they can decide if a game is suitable.
De-regulation
Reduction or removal of government regulation in a particular industry.
