Ownership Trends Flashcards
ownership concentrated in a few hands
Concentration
all stages in production owned by one company
Vertical Integration
Horizontal integration
all companies in that section of media
Diversification
variety of companies owned (media and other)
companies owned all around the world
Transnational ownership
When various tools are merged e.g. the internet can be accessed on mobile phones
Technological convergence
Synergy
large media companies bring together various aspects of their business to develop a range of connected products
Concentration doesn’t necessarily lead to lack of choice, media companies are not static entities – they grow, develop, evolve and sometimes disappear – all of which leads to diversity in media despite concentration
Compaine
Concentration leads to the ‘appearance of choice’ but in reality, lots of different products sell the same ideas. E.g. MTV: adverts, music videos etc all sell certain looks and music etc.
Mc Chesney
Corporations which have control of a total process, from raw material to fabrication to sales, also have few motives for genuine innovation and the power to seize out anyone else who tries to compete.
Bagdikian
The profits gained from vertical integration can be enormous
Mc Chesney
with the continuous advance in communication technology, people are able to reach each other with less money and less time – this will lead to more public contribution to the media
Nawal El Saadawi
There is a trend towards concentration of ownership in the media which strengthens the control of owners.
Murdock and Golding
The ruling class uses the mass media to control society by creating a false picture of reality – making inequalities in society seem inevitable and justifiable.
Miliband
An investigative journalist who has created many films, news articles and books which run counter to mainstream products – perhaps Marxists fail to take account of this.
Pilger