Power & Media Industries By James Curran And Jean Seaton Flashcards

1
Q

What does the Theory of Power and Media Industries state?

A

Power and Media Industries is the idea that the media is controlled by a small number of companies primarily driven by the logic of profit and power. The general trend in media industries is towards greater concentration of ownership.

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2
Q

Why is Ubisoft classed as being part of an oligopoly?

A

Ubisoft is one of the most profitable video game companies in the world. The fact that only a relatively small number of game publishers have the finances to fund the marketing of AAA releases like Assassin’s Creed would lend weight to Curran and Seaton’s claim that media sectors are dominated by a small number of companies.

The fact Ubisoft publishes such a vast number of multi game franchises suggests media concentration does allow for creativity.

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