the notion of cultural industries generally includes textual, music, television, 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.
Exhibition / Consumption
the sum of information and entertainment media taken in by an individual or group.
Media Concentration
a process whereby progressively fewer individuals or organizations control increasing shares of the mass media.
Conglomerates
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 n them Western views and therefore destroying their native culture.
Vertical Integration
when a Media Company owns different businesses in the same chain of production and distribution.
Horizontal Integration
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
an 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
a 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.
