Media concentration / Conglomerates / Globalisation (in terms of media ownership) = a mixture a different companies that are grouped together
Vertical Integration & Horizontal Integration = (vertical) = the merge of companies that are in the same business but in different stages of production or distribution (horizontal) = company takes over another that operates at the same level of value chain in an industry.
Gatekeepers = the process by which information is filtered to the public by the media (news reporters, editors etc) – someone who is exerting power
Regulation / Deregulation = (regulation) = rules enforced by the jurisdiction (the power) of law via rules and procedures ( deregulation) = where goverement removes controls and rules about how media should be owned and controlled
Free market vs Monopolies & Mergers = (monolopies) = cross ownerships who own “everything” ( mergers) = one company buying another company for controll in order to increase revenues and profits) (free market) = economic system based on supply and demand with little or no gorverment contol
