KEY WORDS
- media concentration/globalization- a pattern of ownership whereby fewer and fewer hands own more and more of the assets of that industry. This increasing concentration is a result of buyouts and mergers.
- conglomerates- is a company that owns numerous companies involved in mass media enterprises, such as television, radio, publishing, motion pictures,
Horizontal integration is when a business grows by acquiring a similar company in their industry at the same point of the supply chain.
Vertical integration is when a business expands by acquiring another company that operates before or after them in the supply chain.
gatkeeper- filteres and processes what comes in and out. Eg; washington dc scene “i just wanna see the inside of your hotel room” she says no scene cuts to her getting sacked.
regulation- set of laws put in place by government.
deregulation- taling away laws.