Patterns of media ownership Flashcards
1
Q
What percentage of newspapers does Rupert Murdoch own?
A
- Rupert Murdoch’s newspapers make up about 32% of all national daily newspaper sales in the UK.
2
Q
What does Bagdikan suggest the features of media ownership are?
A
- Concentration of ownership
- Vertical integration
- Horizontal integration/cross media ownership
- Global ownership
- Conglomeration and diversification
- Global conglomeration
- Synergy
- Technological convergence
3
Q
What is concentration of ownership?
A
- Most of the media of all kinds are concentrated in the hands of a few very large companies.
4
Q
What is vertical integration?
A
- There is concentration of ownership within a single type of media, such as one company owning all stages in the production and distribution of a media product, e.g. Time Warner makes its own films and distributes them to its own cinemas.
5
Q
What is horizontal integration/cross media ownership?
A
- This is where some media companies own a range of media, e.g. newspapers, satellite television etc.
6
Q
What is global ownership?
A
- Media ownership is international with owners having interests in many different countries around the world.
7
Q
What is conglomeration and diversification?
A
- Media companies are often part of huge conglomerates.
- These are companies that have a diverse range of interests in a wide variety of products besides the media.
8
Q
What is global conglomeration?
A
- This is a combination of global ownership and conglomeration.
- Conglomerates that media companies are part of are often also global conglomerates.
9
Q
What is synergy?
A
- This is when media companies produce, promote and sell a product in a variety of forms, either through different parts of the same company or through collaboration with different companies.
–> Promotes greater sales of that product.
E.g. Harry Potter
10
Q
What is technological convergence?
A
- This is when media companies try to maximise sales of their products by making them available in a variety of formats which can be accessed on a single device.