Media Industry Key Words

Question 1

Regulation:

Answer 1

the monitoring/ control of media industries by
independent organisations such as Ofcom and IPSO.

Question 2

Commercial model:

Answer 2

companies producing products in order to
make a profit, often funded by advertising

Question 3

Government funded:

Answer 3

a product that is financed by government
money, e.g. a public health campaign.

Question 4

Convergence:

Answer 4

making a product available across different platforms,
in order to reach different audiences e.g. newspaper content is
usually available in print form, on a website, via a digital app, on
social media platforms etc.

Question 5

Vertical Integration:

Answer 5

where one organisation owns more than
one stage of the industrial process (production, distribution and
circulation) of media product creation.

Question 6

Diversification:

Answer 6

where a media company moves from producing one
type of product to creating different media forms (e.g. a TV company
moving into film production).

Question 7

Conglomerate:

Answer 7

a very large organisation that owns different types
of media company, e.g. Comcast or Newscorp.