Ownership and Control Of The Media Flashcards
List the different trends in ownership and control of the mass media
Christmas has lost some very good toys
Concentration of ownership Horizontal integration Lateral expansion Synergy Vertical integration Technological convergence
Explain concentration of ownership as a trend in ownership and control of the mass media.
Recent trends in media ownership and control suggest that the number of companies controlling global mass media has significantly shrunk in recent years. Bagdikian notes that in 1983, 50 corporations controlled most of the American media whereas by 1992 the number had dropped by half and today five corporations dominate the industry. Curran notes that the ownership of British newspapers had always been concentrated in the hands of a few powerful press barons and today 7 powerful individuals dominate the ownership of the British national daily and Sunday newspapers.
Name a few of the powerful press barons in the UK.
Lord Rothermere
Rupert Murdoch
Richard Desmond
Explain integration as a trend in ownership and control of the mass media.
There are 2 types of integration- horizontal and vertical.
Horizontal integration refers to cross media ownership and the fact that big media companies often have a diverse range of media. Eg. News corp owns newspapers, a big chunk of sky, 20th century fox, and star TV
Vertical integration refers to the way in which some media companies are increasingly trying to control all aspects of their industry in order to maximise profits. For example, Netflix started as a DVD rental business and then moved to online streaming. They found that they could improve their profit margins by producing their own original content as this cuts out the middle man and they only need to pay as much as it costs to produce a film. This gives media companies greater control over their operating environment.
List the different trends in ownership and control of the mass media
Christmas has lost some very good toys
Concentration of ownership Horizontal integration Lateral expansion Synergy Vertical integration Technological convergence
Explain concentration of ownership as a trend in ownership and control of the mass media.
Recent trends in media ownership and control suggest that the number of companies controlling global mass media has significantly shrunk in recent years. Bagdikian notes that in 1983, 50 corporations controlled most of the American media whereas by 1992 the number had dropped by half and today five corporations dominate the industry. Curran notes that the ownership of British newspapers had always been concentrated in the hands of a few powerful press barons and today 7 powerful individuals dominate the ownership of the British national daily and Sunday newspapers.
Name a few of the powerful press barons in the UK.
Lord Rothermere
Rupert Murdoch
Richard Desmond
Explain integration as a trend in ownership and control of the mass media.
There are 2 types of integration- horizontal and vertical.
Horizontal integration refers to cross media ownership and the fact that big media companies often have a diverse range of media. Eg. News corp owns newspapers, a big chunk of sky, 20th century fox, and star TV
Vertical integration refers to the way in which some media companies are increasingly trying to control all aspects of their industry in order to maximise profits. For example, Netflix started as a DVD rental business and then moved to online streaming. They found that they could improve their profit margins by producing their own original content as this cuts out the middle man and they only need to pay as much as it costs to produce a film. This gives media companies greater control over their operating environment.
Explain lateral expansion as a trend in ownership and control of the mass media.
When media companies branch out into non media areas. eg Virgin owns media but also trains and gyms etc.
Explain global conglomeration as a trend in ownership and control of the mass media.
Media companies have taken advantage of the erosion of traditional boundaries surrounding media markets and expanded throughout the globe. This globalisation has opened up national markets and created international competitions between media companies. Concentration of ownership has become global now with a small number of media companies having transformed themselves into transnational conglomerates that monopolise ownership of a diversity of media across dozens of countries.
Explain synergy as a trend in ownership and control of the mass media.
Synergy is when media companies use their diversity to package the same product in several different ways to increase their profits. E.g. turning a movie into a game and soundtrack which can be sold separately.
Explain technological convergence as a trend in ownership and control of the mass media.
Technological convergence refers to the trend of putting several media technologies into one delivery system such as the smartphone. This reinforces the concentration of media ownership.
List the different theories of media ownership and control.
The pluralist
The Marxist instrumentalist theory
The Hegemonic Marxist theory
Postmodernist theories
List the different arguments made by pluralists regarding media ownership and control.
The economics of media ownership The media as a democratic mirror Public service broadcasting State controls - Media professionalism
Explain the economics of media ownership according to the pluralists.
Pluralists argue that in Elmo article, free market economics different medias have to compete for customers which means they need to provide content that consumers want in order to make a profit and survive. If they do not do this consumers will stop buying their media and they will be forced out of business. This would mean that media control lies with consumers rather than the owners of the media. Media owners primarily want to make money and so would rather adapt their media content to be more diverse than use their media channels to publish their own views and opinions as this keeps money coming in. This makes the media less one-sided and biased.