Cultural industries | This is an economic field concerned with producing, reproducing, storing, and distributing cultural goods and services on industrial and commercial terms. This is the companies included in the field of culture industries such as Netflix or Warner Brothers which is usually in favour of popularity. ——————————————————— Links to gate keeping as these large business decide what media is consumed through the large parent companies. This follows on the borderline of the idea of monopolies as these massive parent companies own the most of all cultural industries but allow few smaller more irrelevant companies to be involved to not be against government regulations. |
Production | The action of making or manufacturing from components or raw materials, or the process of being so manufactured. (The making and creation of media) Media producers may be responsible for a range of tasks, like animation and narration, editing and arranging videos or developing program material. |
Distribution | The methods by which media products are delivered to audiences, including the marketing campaign. – This is one of the main sections of the culture industry. |
Exhibition / Consumption | A public display of works of art or items of interest, held in an art gallery or museum or at a trade fair. This includes companies such as Netflix or Cineworld where they exhibit the production for consumption, the sort of middle man between the promotion then the consumption of the production. |
Media concentration | The ownership of mass media by fewer individuals. |
Conglomerates | A group that owns multiple companies which stand out different media specialised in written or audio-visual content. |
Globalisation (in terms of media ownership) | The worldwide integration of media through the cross-cultural exchange of ideas. |
Cultural imperialism | The practice of promoting the culture values or language of one nation in another. |
Vertical Integration | Where media companies expand by acquiring different businesses in the same chain of production and distribution. |
Horizontal Integration | A way in which media companies expand by acquiring media companies that work in similar sectors. |
Mergers | Where 2 or more business combine together to make one. |
Monopolies | Concentrated control of major mass communications within a society. When a group owns everything in a specific line of business, such as owning the rights to wine, meaning you are the only one that can sell it. This is illegal in most places in the world. |
Gatekeepers | The process through which information is filtered for dissemination. |
Regulation | The process by which a range of specific, tools are applied to media systems and institutions to achieve established policy goals such as pluralism, diversity, competition, and freedom. |
Deregulation | The process of removing or loosening government restrictions on the ownership of media outlets. |
Free market | One where voluntary exchange and the laws of supply and demand provide the sole basis for the economic system. |
Commodification | The transformation of the relationship, which is trafficked into things that are free of the commercial nature of the relationship. |
Convergence | The merging of previously distinct media to create an entire new form of communication expression. |
Diversity | A variety or assort of media. |
Innovation | The changing in several aspects of the media landscape. The invention of new vales in the marketing sector. |