Cultural industries – The notion of cultural industries generally includes textual, music, television, and film production and publishing.
Production – the action of making or manufacturing from components or raw materials, or the process of being so manufactured.
distribution – The methods by which media products are delivered to audiences, including the marketing campaign.
Media concentration – Concentration of media ownership is a process whereby progressively fewer individuals or organizations control increasing shares of the mass media.
Exhibition / Consumption– the sum of information and entertainment media taken in by an individual or group
Conglomerates – A media conglomerate, or a company that owns numerous companies involved in mass media enterprises,
Globalisation – the process by which businesses or other organizations develop international influence or start operating on an international scale.
Cultural imperialism – Cultural Imperialism Theory states that Western nations dominate the media around the world which in return has a powerful effect on Third World Cultures by imposing Western views and therefore destroying their native culture
Vertical Integration – Vertical Integration is when a Media Company owns different businesses in the same chain of production and distribution
Horizontal Integration – Horizontal Integration is a Media Company’s Ownership of several businesses of the same value. A Media Company can own a Magazine, Radio, Newspaper, Television and Books.
Mergers – a merger or acquisition in which one or more of the undertakings involved carries on a media business in the Page 2 State and one or more of the undertakings involved carries on a media business elsewhere.
Monopolies – concentrated control of major mass communications within a society
Gatekeepers – is a process by which information is filtered to the public by the media
Regulation – a rule or directive made and maintained by an authority.
Deregulation– the removal of regulations or restrictions, especially in a particular industry.
Free market – an economic system in which prices are determined by unrestricted competition between privately owned businesses.
Commodification – the act or fact of turning something into an item that can be bought and sold
Convergence – media convergence, phenomenon involving the interconnection of information and communications technologies, computer networks, and media content.
Diversity – It means understanding that each individual is unique, and recognizing our individual differences.
Innovation – the process of not just an “invention” of a new value for journalism, but also the process of implementing this new value in a market or a social setting to make it sustainable
