Ownership and control - Media Flashcards

1
Q

ownership

A
  • the ownership and control of the media is becoming more concentrated
  • fewer and fewer people own and control media outlets
  • audiences are starting to experience a lack of choice and alternative media sources.
  • there are seven main factors that have contributed to this decline of choice.
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2
Q

Reasons one and two

A

concentration of ownership
- the mass media is owned and controlled by a small number of individuals and transnational companies.
Horizontal integration
- large media companies own various types of media.

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3
Q

Reasons three and four

A

global conglomeration
- this is where media companies operate in the global market. e.g. producing newspapers in many countries
diversification
- this is when companies branch out into new areas to spread their name/products.

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4
Q

Reasons 5 and 6

A

Vertical integration
- this is where companies want to maximise their profits by controlling all aspects of the industry
technological convergence
- several technologies are put together in one product e.g. smart phones

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5
Q

reason 7

A

synergy
- media companies sell their products in different formats
- a film will also be a video game, the soundtrack will be released as an album, toys and action figures are manufactured.

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