mid term Flashcards
Media
Any means of communication. Usually referring to mass media
Media Studies
An academic field devoted to understanding the history, economics, politics, and cultural meaning of mass media.
Media Culture
Examines how mass media changes our culture.
Industry
- Markets (open or closed)
- Pricing (demand and the effects)
- The size of “pie” (other ways to save or spend money. Can grow or shrink)
- Relative slices of “pie”
Political Economy
Media scholars are interested in economics for what it says about the kind of media made and circulated (economics-> content)
Company Size
Can be measured by:
- Assets (what the company owns)
- Revenues (the annual amount of money coming into the company)
- Profit (the revenues minus expenditures)
- Reach (how many people use the company)
Vertical Integration
The combination in one company of two or more stages of production is normally operated by separate companies.
Horizontal Integration
A business strategy in which one company acquires or merges with another operates at the same level in an industry. Helps companies grow in size and revenue, expand into new markets, diversify product offerings, and reduce competition.
Synergy
A business strategy that seeks a beneficial combination of business lines across an integrated company.
Trade Press
Refers to the periodicals covering the business of film or television history.
Liveness
Tv can show time and events as it is happening.
Fixed Programming Schedule
A defined time spot for each show as compared to live shows happening in real time.
Standardized Programming
Develop genres and vocab to make identifiable tropes for shows.
Federal Communications Commission (FCC)
The US regulates TV with a few aims:
- national interest
- competition
- technological standards
- public interest
Network- Affiliate Model
Regulations and costs kept the major TV companies from owning all stations.
Prime Time
Network programming focused on the evening hours after the work day.
Mass Audience
The limited networks and development of mass entertainment television.
Narrowcasting
The one-way transmission of information to a narrow or niche audience.
Telecommunications Act of 1995
This partially deregulated the US Television industry. Allowed telecom and internet companies to own television networks.
Technological Development
-1908- late 1930s
- electric cathode ray tube Tv set became standard (CRT)
-Adopted broadcast model of radio wave transmission from radio
-Radio companies developed sets and invested in early TV stations
Broadcast Era
- 1940s- early 1980s
- Advertising revenue-based
-Measurement in ratings
- Heavily regulated by FCC and NTSC
Narrowcast Era
- The early 1980s- early 2010s
-Growth of cable television
- Combination of advertising and subscription revenue
- Slow fragmentation of a mass audience
- Emergence of digital television standards
- Relaxing of content standards for violence and sexuality on screen.
Post-Network Era
- From the early 2010s- present
- Growth of streaming and on-demand access to television
- Breakdown of rigid scheduling and time formats
- Increased fragmentation of mass audience
- Blurred lines between television, cinema, and digital content
Ancillary Markets
Film and TV have had primary runs geared toward a strong initial revenue. They are subsequent revenue source
Streaming as Ancillary Markets
One model of streaming sees it as another ancillary market for TV. Increasingly, though, streaming no longer is secondary to linear television in the media marketplace.
On-Demand Video
Television historically was a medium of transmission. Digital media (cable and internet allows for viewers to select and watch video on demand (VOD)
TVOD
Transactional video on demand or pay-per-view allows for purchase or rental of a single title or program.
AVOD
Advertising video on demand relies on advertisements for revenue.