Media concentration / Conglomerates / Globalisation (in terms of media ownership)- is a process whereby progressively fewer individuals or organizations control increasing shares of the mass media. Contemporary research demonstrates increasing levels of consolidation, with many media industries already highly concentrated and dominated by a very small number of firms
Vertical Integration & Horizontal Integration- 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
Gatekeepers- filter and process things and information that comes in and out
Regulation / Deregulation- Deregulation is when the government reduces or eliminates restrictions on industries, often with the goal of making it easier to do business. It removes a regulation that interferes with firms’ ability to compete, especially overseas.
