The Media Landscape 1 Flashcards
week 1
What are the 4 parts/questions this course will answer?
Part 1: What makes media landscape products unique?
part 2: How did we get here? changes in society, representation and technology
Part 3: Where are we now? how companies and competitors respond to these changes
Part 4: Where should we go ? regulation, saturation & societal change
Media Company
A company whose primary function is to produce and distribute content.
5 Key Characteristics of Mass Media
1) One-to-many-one-way communication
2) Experiential goods
3) High fixed/first copy costs
4) Potential for (cheap) re-versioning
5) High risk
Dual Product Market
Two things are produced: content sold to audiences and audiences sold to advertisers (attention is the actual product sold).
Economies of Scale
The price per unit decreases as the quantity of output increases.
Economies of Scope
Reselling in different formats is cheaper than the creation of the initial product/idea itself (spin-offs, branded products). You’re using resources you already have in-house to create something new.
4 main outcomes of digitalization
1) Convergence
2) Interactivity
3) Diversification
4) Mobility
Convergence
Blending of previously separate sectors: Content, Computing, and Conduits (Channels), the 3C’s.
Interactivity
One way is replaced by two ways: users become “mass” content producers.
Diversification
Heightened user control and choice: fragmentation or expansion of content.
Mobility
Media on the go: leading to this “always on” culture.
Technological determinism
Implying that technology is responsible and, in itself, the primary cause of social change.
Mcluhans Optimism-
“Global village guy’ he believes:
-Technology itself matters
-New technology extends senses
-New media liberates audiences from hierarchy and isolation; it turns officialdom into everyday talk.
Postman’s pessimism
“Amusing ourselves to death guy” he believes:
-The print-age delivered detailed, relevant, localized, and coherent information
-That dazzling stories from afar outweigh the relevant local
-TV and images stimulate superficiality in us
-Attention and rationality will go down and make us passive audiences.
Media Life
Theorized by Deuze (2011) Media is so central that we don’t notice it; we don’t live with media but IN media.
2 clear manifestations:
personalized/individualized information space
always available, global connectivity
2 clear consequences:
Liquified boundaries: work/play, alone/interaction
Life changed to accommodate or exploit media.