Media concentration / Conglomerates – A large bussiness or company, a combination of multiple bussiness entitles operating in entirely different industries under one main group/ bussiness.
Globalisation (in terms of media ownership) – Media globalisation is the combination of media through the cross-cultural exchange of ideas.
Vertical Integration – A larger company/ conglomerate that aquires a smaller company in the same industry.
Horizontal Integration – The aquisition of a bussiness/ company which is operating at the same level of value as the bussiness/ company/ chain in a similar or different industry.
Gatekeepers – Gatekeeping is the process through which information is filtered for spreading, whether for publication, broadcasting, the internet or some other mode of communication.
Regulation – Regulation is an abstract concept of management of complex systems according to a set of rules and trends.
Deregulation – The removal or limit in government power over a particular industry, usually to create more competition within the industry.
Free market – A free market economy is a type of economy that promotes the production and sale of goods and services, with little to no control or involvement from any central government agency. … A free market economy is opposite to how a command economy works, where the central government gets to keep the profits.
Monopolies & Mergers – ownership of different kinds of media (TV, newspapers, magazines, etc.) by the same group. Media mergers are a result of one media related company buying another company for control of their resources, successful media companies usually buy out other companies to reach a larger viewing audience in order to increase views and profit.
