Terms Flashcards
Oligopoly
When multiple companies control a certain market.
A media system whose operation is dominated by a few large corporations
Ex: Kellogs and general mills makes up all the cereal
Monopoly
Exclusive possession or control of the supply or trade in a service
One thing. One company owning all 8 porn sites
Globalization of media
Ownership of media companies by Multinational Corporations
Audience fragmentation
Audiences for specific media content are becoming smaller and increasingly homogeneous
Narrowcasting
Aiming to broadcast programming a smaller, more demographically homogeneous audiences. local news
Niche marketing
Concentrating on a small, highly defined segment. Groups of people
Examples: You are selling yachts, so you are basically on focusing on selling to rich people.
Synergy
Media conglomerates using as many channels of delivery as possible for familiar content.
Ex: all contributing ideas. having a conversation with dchi was synergy
Censorship
Someone in authority limits publications or access to certain media projects
Subsidiary rights
Selling books as other forms of media, paperback, CD rom, movie scripts
Aliteracy
People can read but chose not too because they are uninterested
Hollywoodization
Synergies between books, television, and film, exclusive deals with publishers
Penny Press
Newspaper produced and sold for a penny to cover advertising costs
Yellow Journalism
Exaggerating fictional stories to attract the readers. Early 20th century journalism emphasizing sensational sex, crime, and disaster news
- yellow, ugly color, bad, which means it makes up stories and emphazies bad things
Wire Service
Electronic delivery of news gathered by correspondents and sent to all media organizations
Newspaper chains
newspaper published by massive media conglomerates
Syndicates
News agencies that sell articles to a number of newspapers simultaneously
Joint Operating Agreement
Separate news sides but use the same production, monopolistic, but good competition