Ownership and control : Private and State owned media Flashcards
What did Bagdikian come up with?
Concentration of ownership. Lords of the Global Village. He found that 1983 50 corperations controlled all of Media in the United States. In 1992 just 22 companies controlled 90% of mass media. By 2011 media ownership in the US was totally dominated by only 5 corperations, Time Warner, Disney, News Corp, Viacom and CBS.
How may TV channels were the 30 years ago?
4
What’s cyber media?
Media which is dominated by apple, Microsoft, Google and Samsung. Traditional companies compete with cyber media organisations to control social networking sites of advertisement revenues
What did Marxists predict would happen due to globalisation?
Consumer resistance to globalisation of the media as companies joined forces and took over
What did Mcphail come up with?
Electronic colonialism. The way in which countries are constantly showing things with American values such as friends, and through things like social media sites.
What did Curran come up with?
Press barons. He said that the concentration of ownership of British newspapers is not a new phenomenon. In 1937, four men known as press barons owned nearly one in every two daily newspapers sold in the UK. Today seven companies dominant newspaper ownership some of which are controlled by specific individuals.
By 2000, how many companies did Murdochs Newspaper corperation own?
Over 800 in 50 countries. He owned the sun, harper Collins, the Times, News of the world.
What’s horizontal integration?
Cross media ownership, where big media companies own a wide range of media such as TV, radio, cinema etc like the BBC.
What’s vertical integration?
Some media companies are trying to controll all aspects of the media to ensure maximum profits.
What’s diversification?
When companies branch out into a new area of media to spread the risk of loss. This may be unrelated to media but it means if they lose money they have a safety net.
What’s synergy?
Media companies using their interests to package products into several ways such as a film sound track, game and ringtone aswell as clothing and merchandise.
What’s technological convergence?
A relatively new concept, several technologies in one product. For example you can use your phone, TV and computer to access the Internet.
Whats Global conglomeration?
Where media companies operate in the global market producing for example newspapers in separate countries.
What’s OFCOM?
Made in 2003, a supposed powerful regulator of mass media, with responsibilitys across television, radio, telecommunications and wireless services.
How is the BBC regulated?
By the BBC Trust and partly by OFCOM. The government also has the opportunity to influence the cooperation over 10 years when a licence fee is determined.
