Power and the Media Industry
Theorists: James Curran and Jean Seaton
'diversity is in the public interest - the modern societies suffer fro, collective attention deficit disorders [...] the public interest has to work harder to be noticed, and we need agile but resourceful media to do that'
On monopoly: 'it extends their range of business and political connections, increases their corporations prestige and, through judicious editorial appointments, contributes to the maintenance of public opinion favourable to private enterprise'
'anti-monopoly media regulation is needed not only to maintain fair competition but also to prevent the distortion of democracy'
KEY TERMS:
Monopoly = exclusive/dominant ownership/control of something e.g. Stagecoach.
Conglomerate = a large corporation consisting of multiple smaller companies
Subsidiary = a smaller company owned by a larger corporation
Vertical integration = one company buying other companies along the chain
Horizontal integration = one company absorbing another company.
List of UK newspapers:
Conglomerates and subsidiaries
A big benefit of conglomerates is they can have masses of different audiences for each subsidiary they own so they can spread ideology
DISNEY:
Disney is one of the 'big six' media conglomerates. They hold multiple subsidiaries:
Marvel, Vice, Lucas Arts, Pixar, Walt Disney studios, Walt Disney studios motion pictures ABC, ESPN, the history channel
News Corp
News Corp is one of the 'big six' media conglomerates. They hold multiple subsidiaries:
National Geographic, The Sun, Harper Collins Publishers, itv, sky, The Times, FOX, Twentieth Century Fox
Conglomerates and monopoly
One issue with conglomerates is that it removes the independent companies.
Another is you can promote your other companies to gain more profit e.g. positive news review of their own films and poor reviews of their competitors therefore manipulating the audience for their own benefit.
Problem with a monopoly is that you have no other option to turn to so they can do what they want.
Conglomerates are driven by the logic of money and power which they own or could possess. This means they generally don't take risks with the products they produce meaning we get the same thing repeated leading to limited quality and quantity.
Alternatives to conglomeration:
GoFundMe and KickStarter and Patreon - independent companies who host people who want to make their own products and the public contribute money to help them make their products
The Daily Mirror and The Times production context
The Daily Mirror
- Owned by parent company Trinity Mirror.
Theorists: James Curran and Jean Seaton
'diversity is in the public interest - the modern societies suffer fro, collective attention deficit disorders [...] the public interest has to work harder to be noticed, and we need agile but resourceful media to do that'
On monopoly: 'it extends their range of business and political connections, increases their corporations prestige and, through judicious editorial appointments, contributes to the maintenance of public opinion favourable to private enterprise'
'anti-monopoly media regulation is needed not only to maintain fair competition but also to prevent the distortion of democracy'
KEY TERMS:
Monopoly = exclusive/dominant ownership/control of something e.g. Stagecoach.
Conglomerate = a large corporation consisting of multiple smaller companies
Subsidiary = a smaller company owned by a larger corporation
Vertical integration = one company buying other companies along the chain
Horizontal integration = one company absorbing another company.
List of UK newspapers:
Conglomerates and subsidiaries
A big benefit of conglomerates is they can have masses of different audiences for each subsidiary they own so they can spread ideology
DISNEY:
Disney is one of the 'big six' media conglomerates. They hold multiple subsidiaries:
Marvel, Vice, Lucas Arts, Pixar, Walt Disney studios, Walt Disney studios motion pictures ABC, ESPN, the history channel
News Corp
News Corp is one of the 'big six' media conglomerates. They hold multiple subsidiaries:
National Geographic, The Sun, Harper Collins Publishers, itv, sky, The Times, FOX, Twentieth Century Fox
Conglomerates and monopoly
One issue with conglomerates is that it removes the independent companies.
Another is you can promote your other companies to gain more profit e.g. positive news review of their own films and poor reviews of their competitors therefore manipulating the audience for their own benefit.
Problem with a monopoly is that you have no other option to turn to so they can do what they want.
Conglomerates are driven by the logic of money and power which they own or could possess. This means they generally don't take risks with the products they produce meaning we get the same thing repeated leading to limited quality and quantity.
Alternatives to conglomeration:
GoFundMe and KickStarter and Patreon - independent companies who host people who want to make their own products and the public contribute money to help them make their products
The Daily Mirror and The Times production context
The Daily Mirror
- Owned by parent company Trinity Mirror.
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