Media ownership Flashcards
What are some examples of old media ?
-radio
-TV
-Films
What are some examples of new media ?
-Websites
-Emails
-Podcasts
What are some examples of how the media influences us ?
-Influenced by celebrities to buy products
-Fashion
-Attention span
-It can influence the beliefs we hold
What is community based media ?
Local radios and parish newspaper
What is public/state owned media ?
Funded by TV license fees, e.g. BBC
What is meant by privately owned media ?
Funded by subscription fees, e.g. Netflix, Sky and ITV
What are the current trends in media ownership ?
Media is becoming more privatized, local radios are declining and private and publicly owned companies are increasing
What is meant by media concentration ?
The number of different companies that own the main media
What is conglomeration ?
The difference in media ownership and control, this includes companies being owned by TNCs
What is meant by horizontal integration ?
This is where companies grow by expanding into different areas of the media e.g. Disney makes films and also has a range of products that are sold and the parks
What is meant by vertical integration ?
Where companies focus on owning all the industries that are needed to produce and distribute their media. E.g. making films, owning cinemas and owning a distribution company
What is meant by synergy ?
Where a company uses their first product and makes it integrated into a range of different products such as games, toys and soundtracks can all stem from one film
What is meant by lateral expansion ?
Where companies do not stay in one sector this can be found in areas such as virgin media who expanded into travel and experiences
What is meant by technological convergence ?
This involves putting several technologies into one product
What are the main characteristics of public broadcasting ?
-Free to air
-no adverts
-they have a public service aim (entertain, educate and inform)