Media industries

  • Media concentration– Concentration of media ownership is a process whereby progressively fewer individuals or organizations control increasing shares of the mass media.
  • Conglomerates– A conglomerate is a multi-industry company
  • Globalization– the process of interaction and integration among people, companies, and governments worldwide.
  • Vertical Integration– it is when a media Company owns different businesses in the same chain of production and distribution.
  • Horizontal Integration– it is when a media Company’s Ownership of several businesses of the same value.
  • Gatekeepers-they are people or policies that act as a go-between, controlling access from one point to another. They may refuse, control or delay access to services.
  • Regulation– it  is the act of controlling, or a law, rule or order
  • Deregulation– it is the removal of regulations or restrictions, especially in a particular industry
  • Free market– it is an economic system in which prices are determined by unrestricted competition between privately owned businesses
  • Monopolies & Mergers– A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute

Media Regulation

The principal targets of media regulation are the press, radio and television, but may also include film, recorded music, cable, satellite, storage and distribution technology (discs, tapes etc.), the internet, mobile phones etc.

Link to Texts– Murdoch told publishers what to publish in the newspapers about political views and what he believed. But not what the publishers thought. He controlled what was in the newspapers and he published things that would benefit him.

Link to Theory- It links with the hegemonic theory, which is where an elite like the government controls the mass media and that the media promotes a certain dominant ideology. It shows an influence of powerful and global dominance.

Link to Social/ Historical events- It links to the new labour election party in 1997. The publishers are influenced by the government of what to say and influence the public on who to vote for and who to support.

There is a balance between business and the government. When a business looses control or goes too far the government takes over this is the same for the government.

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