Media as Businesses 1. Business organization 2. Implications?

Slides:

Advertisements

Similar presentations

1 Five Companies … Holdings 2011 Revenues: $ …Dominate the American media economy.

Advertisements

A Problem: Consolidation of Media Ownership HAS THE CONSOLIDATION OF MEDIA OWNERSHIP BECOME A THREAT TO OUR DEMOCRACY?

VSS Communications Industry Forecast Now with Data and Analysis by Both Revenue Stream Sector & Industry Sector It’s my pleasure to be able.

Ownership, control and finance

Chapter 6. The Future of the Media  The printed daily newspaper as we know it in decline  More and more people access news and information via the Internet.

HOW HOLLYWOOD WORKS Dominant companies have been around since 1930s  1990s saw major consolidations (Time and Warner, Disney & Capital Cities/ABC, Viacom/Paramount)

Multi-Media and Cross-Platform Integration Chapter 13.

AOL TIME WARNER A Failure of Synergy?. Reasons for the Merger in 2000 Concentration of value: Value of merger: $300bn when announced, $ bn in Jan.

Media Ownership in Contemporary Media Practice

Copyright © Allyn & Bacon 2007 Chapter 14 Problems in the Media This multimedia product and its contents are protected under copyright law. The following.

Chpt 6 Commercial Operations. Big Picture Part 1 (today’s presentation) will focus on commercial media and corporate structures in general. A big- picture.

1.2 Competitive advantages. Is the market that you enter a concentrated one? Who are the dominant players? Yes. According to the Writers Guild of America,

Chapter 5 THE MASS MEDIA AND THE POLITICAL AGENDA

Media industry. The sectors Television radio film animation interactive media press photo-imaging advertising and marketing.

Media Economics and the Global Marketplace. Some guiding questions How are mass media organizations structured? What is the new media economy in the Information.

History of Disney  Disney started out in the studio entertainment in the animated cartoon industry. In 1923 Walter Elias Disney founded Disney Brothers.

Media concentration Is it harming democracy? Or are worries overblown?

Corporate Ownership of Media Media Monopolies z50 corporations owned more than half of all media businesses in 1982 zBy 1993, it was 20 zNow it’s 6.

Media Globalization Globalization & Global Media Corporations.

And Leisure Begot Entertainment Chapter 1

Marketing Music and Theater Chapter 8.3. Today’s Music  The media used for recording and playing back music and the channels of distribution continue.

A2 SOCIOLOGY. Media ownership  EjzM EjzM.

Ownership & Funding of the TV & Film Industries. Funding of TV & Film Industries.

1 November 16, 2007 Legislative Briefing. 2 Who We Are The Writers Guild of America, West (WGAW) represents almost 8,000 writers in the motion picture,

Discuss: 1. Media texts as products of institutional, economic and industrial processes. 2. The production, distribution and exhibition of media texts.

Media ownership and control of the mass media – the next 6 weeks

Soc. 118 Media, Culture & Society Chapter Two: The Economics of the Media Industry.

Trends in the News Media AP GoPo. Major Trends Corporate Ownership & Media Consolidation Narrowcasting Infotainment Sensationalism.

Economics of the Media Industry

Video Game Industry. History Some Numbers... 65% of US households play 80K employees directly, 250K in US 9 games per second Average player age is 35,

Richard E. Caplan The University of Akron 1. Mass Media & Everyday Life Christopher Burnett California State, Long Beach.

A2 Sociology: Mass Media L.O: 1.To be able to define the media 2.To be able to name the three different types of media organisation.

Media Economics The Global Marketplace. The beginnings of Mass Media Urbanization Urbanization Mass Production Industrialization Mass Production Industrialization.

MEDIA MARKETS & ECONOMICS, PART I Media & Society Lecture Notes.

Entertainment Distribution ENTERTAINMENT Written by: M. Reed Georgia CTAE Resource Network 2010.

International and Comparative Media Systems

SWBT : identify and explain how citizens get their news - Explain the relationship between media & politics December 3, 2014.

Media concentration A 21st-century conundrum: Fewer owners, more voices.

Chapter 3 The Media Business: Consolidation, Globalization, and the Long Tail.

Copyright © 2011 Pearson Education, Inc. Publishing as Longman.

Media Convergence Edition By: Ma’at, Ahmed, and Keila.

Soc. 118 Media, Culture & Society

Mass Media & the Political Agenda. The Mass Media Today Politicians stage media events for the primary purpose of getting attention from the media.

Example of Bias in the Press Amount of Coverage (# or length) Type of Coverage (articles vs. editorials) Tone & Loaded Language –Headlines & Text –Downplaying.

Chapter 1 THE MASS MEDIA.

Synergy A Definition: Synergy (from the Greek syn-ergos, συνεργός meaning working together) is the term used to describe a situation where different entities.

The Structure of Media Organizations Media Organizations follow a traditional industrial structure: Production Distribution Exhibition and/or Point of.

Media Conglomerates -Some nations can influence and control their media greatly. In addition, powerful corporations also have enormous influence on mainstream.

M EDIA E CONOMICS J201 Mass Media & Society November 22, 2013.

Media Points Finger at Google Presented by: Jennifer Hocking and Nikhil Gupta February 13, 2007.

CH3028 Media Processes & Influences

Some History Radio signals the beginning of…? The end of…? Broadcasting Wireless communication. The end of…? Records Able to hear free music Sound.

Media “The 4 th Branch of Government” Another LINKAGE INSTITUTION.

ACCESS Can anyone “own” information? Who has access to this information? What are the barriers to entry? What are the implications of media concentration?

The American Film Industry

T- 1 Copyright©1997, Allyn & Bacon Pervasiveness _ 1,500 TV Stations _ 12,000 Radio Stations _ 11,000 Cable Systems _ 15,000 Newspapers and periodicals.

American Government and Organization PS1301 Friday, 21 November.

The Big Six The U.S. media landscape is dominated by massive corporations that, through a history of mergers and acquisitions, have concentrated their.

MUSIC INDUSTRY Oligopoly – the Big 4 Universal Sony BMG Warner EMI Economies of scale Both vertical & horizontal integration.

Media Economics and the Global Marketplace Chapter 12.

Introduction to Mass Media

Media Studies Media Concept Institutions Medium Examined Mass Media

Media Markets & Economics

Word of the Day: Preclude MAKE SURE YOU HAVE A BOOK!!!!! + COMPUTER

Media Ownership and Control

Video Game Industry.

Unit 1: Different types of media ownership

The Media Business: Consolidation, Globalization, and the Long Tail

The Global Media Marketplace

How does mass media shape our political system?

Presentation transcript:

Media as Businesses 1. Business organization 2. Implications?

Media business: video clips Entertainment Tonight Xena, Warrior Princess Hollywood Squares MTV

Facts about media Concentration Increasing Concentration Most people unaware Media ownership no longer LOCAL Ownership increasingly trans-national

Issues, Concerns Power of media moguls “Tomorrow Never Dies” Elliott Carver Hidden agendas, conflicts of interest Media globalization Internet immune?

How real an issue today? Big media dominate US, world AOL, Time Warner merger AOL: world’s #1 provider of online services Time Warner : one of world’s largest traditional media companies

AOL Time Warner Leader in every major media sector 78.3m Internet visitors 21% US magazine revenues 19% U.S. cable subscribers 13% of box office sales 16% music sales

What does the merger mean? Faster Internet service Interactive TV Online music Movies online Advertising, e-commerce New media amalgams Cross promotion

Concerns about merger Huge company Potential to dominate U.S. media markets Power to exclude rivals FTC consent decree: new company to facilitate competition

Other conglomerates? NBC: RCA/GE CBS: Viacom ABC: Disney UPN: Viacom Fox: News Corp. WB: AOL Time Warner

Global media giants 1. AOL Time Warner ($41b) 2. Disney ($24.8b) 3. Vivendi/Seagram ($16.6b) 4. Viacom ($14.9b) 5. Bertelsman($14.8) 6. News Corp. (14.1b) 7. Sony ($10.8b) 8. NBC/GE ($7b)

Media conglomerates National, international companies AOL Time Warner, Viacom, News Corp., Gannett, GE Puget Sound media

Types of ownership Governmental ownership or funding Employees work for govt. Revenues: taxes, fees Profit? + Capital, not commercialized - Government

Types of ownership Private ownership, individuals or groups Revenues: sales Profit required + Competition, independence - Commercialization, independence

U.S. media: characteristics Pvt. ownership, minimal govt. control Media businesses Profit orientation Revenue: Ads, subscription

Advertising revenues Medium$/ad revenues Daily newspapers TV Magazines Radio

U.S. media: characteristics News= industry standards Competitive environment Economies of scale Unit costs drop in mass production Economic efficiency/vertical integration

Why concentration? FCC rules Media very profitable Existing profits Attractive to sell U.S. tax laws Concentration savings Synergy

+ on Concentration Economies of scale More resources, potential for quality More public service Greater independence Greater investment

- on Concentration Fewer voices Private agendas Public unaware Synergy of dubious public value Loss of family companies No longer local

Rupert Murdoch Danger to democracy? News Corporation Criticisms: Politics China Content Goals

Media business: video clips Entertainment Tonight Promotion of Viacom companies: VH1 Xena, Warrior Princess Production ending; no vertical integration Hollywood Squares Promotion of CBS show MTV Promotion of Viacom products (CD, book, play, movie)