Ownership Flashcards
Who are the big six?
Six companies who own 90% of U.S media: Comcast Disney News corp Time warner Viacom CBS
Who are the six main owners of the print media?
- Rupert Murdoch
- Lord rather mere
The Barclay brothers
3&4
Richard Desmond
Alexander Lebeder
All wealthy white men
Offer an example that the media only offers western culture
The Indians produce more films than the Americans but don’t make it to screens.
What is horizontal integration?
A company expanding into other types of media e.g television, print media, film, Internet etc
What is vertical integration?
When a company owns all stages of the media eg the producers to the distributors
What is Diversification ?
A company branching out into different businesses e.g Virgin was originally a music company and now owns an airline, phones, televisions etc
What is synergy?
Media products are produced so that there’s extra money made through selling merchandise
What is technological convergence?
Technology is a platform for multiple media e.g YouTube, Facebook, film, news etc all on one device
What is globalisation?
The media companies operate across the globe