CSP 5: KEY WORDS

  • Media concentration / Conglomerates = this is a company which owns numerous companies involved in the distribution of mass media enterprises. An example of a conglomerate is the BBC.
  • Globalisation (in terms of media ownership) = this is the world wide integration of media through the cross-cultural exchange of ideas.
  • Vertical Integration & Horizontal Integration =Horizontal integration is the process that a company or an institution uses to increase the production of goods. However, vertical integration is when a company integrates multiple stages of a production line to a small number of production units. Horizontal integration contrasts with vertical integration
  • Gatekeepers = A gatekeeper is a role given to a person who filter certain information for distributing out on public service broadcasts.
  • Regulation / Deregulation = A regulation is a law, procedure or a rule that is put in place by an authority and deregulation is the opposite – it is when you remove rules, procedures and laws from a certain industry.
  • Free market vs Monopolies & Mergers = The free market is an economic system which is based on supply and demand that has very little or no government control whereas a monopoly is when a company dominates a certain sector of an industry
  • Neo-liberalism = this is a form of liberalism that tends to favour free market capitalism.
  • Surveillance / Privacy / Security / GDPR = General Data Protection Regulation (GDPR) is an EU law that states that there needs to be protection against data for all individuals and citizens withing the EU and European Economic Area.

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