Newspaper Industries Terminology Flashcards
Define Press
a collective term for the newspaper industry
Define Free Press
when journalists can write stories without intervention from the government - freedom of speech within the press
Define Press Intrusion
When the press pry too closely into people’s lives in order to gain in-depth knowledge of stories
Define the IPSO
Independent Press Standards Organisation
a regulator of press that advise editors, listen to complaints and regulate over 1500 print and over 1000 online newspapers / magazines
Define concentration of media ownership
where media companies consolidate or converge to form conglomerate organisations that dominate a market
Define conglomerate
a media company that owns a range of smaller companies
Define oligopoly
When a few firms dominate the market by taking over other firms
Define monopoly
When all creators of a market merge into one, like state control due to only one choice of provider
Define Horizontal Integration
Taking over a similar business to gain greater market share and dominance in the same sector
Define Vertical Integration
Taking over a business to help unify supply, production, distribution and sales sectors into one company
Why has print newspaper sales declined since 1990?
The increase of electronic media being more convenient and cheaper forcing more newspapers online