Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 5K views

    Media Conglomeration

    Uploaded by

    DEEPAK GROVER
    Media conglomerates own large numbers of companies across various mass media industries such as television, radio, publishing, movies, and the internet. They strive to facilitate their control of markets globally. The top five largest American media conglomerates based on revenue are The Walt Disney Company, News Corporation, Time Warner, CBS Corporation, and Viacom. Critics argue that large conglomerates dominate media coverage and refuse to report information that could harm their other business interests. They are also accused of contributing to the merging of entertainment and news at the expense of in-depth reporting on important issues.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd

    Media Conglomeration

    Uploaded by

    DEEPAK GROVER
    5K views2 pages
    Media conglomerates own large numbers of companies across various mass media industries such as television, radio, publishing, movies, and the internet. They strive to facilitate their control of markets globally. The top five largest American media conglomerates based on revenue are The Walt Disney Company, News Corporation, Time Warner, CBS Corporation, and Viacom. Critics argue that large conglomerates dominate media coverage and refuse to report information that could harm their other business interests. They are also accused of contributing to the merging of entertainment and news at the expense of in-depth reporting on important issues.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Media conglomerates own large numbers of companies across various mass media industries such as television, radio, publishing, movies, and the internet. They strive to facilitate their control of markets globally. The top five largest American media conglomerates based on revenue are The Walt Disney Company, News Corporation, Time Warner, CBS Corporation, and Viacom. Critics argue that large conglomerates dominate media coverage and refuse to report information that could harm their other business interests. They are also accused of contributing to the merging of entertainment and news at the expense of in-depth reporting on important issues.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    5K views2 pages

    Media Conglomeration

    Uploaded by

    DEEPAK GROVER
    Media conglomerates own large numbers of companies across various mass media industries such as television, radio, publishing, movies, and the internet. They strive to facilitate their control of markets globally. The top five largest American media conglomerates based on revenue are The Walt Disney Company, News Corporation, Time Warner, CBS Corporation, and Viacom. Critics argue that large conglomerates dominate media coverage and refuse to report information that could harm their other business interests. They are also accused of contributing to the merging of entertainment and news at the expense of in-depth reporting on important issues.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    Media conglomeration A media conglomerate, media group or media institution is a company that owns large numbers of companies in various

    mass media such as television, radio, publishing, movies, and the Internet. Media conglomerates strive for policies that facilitate their control of the markets across the globe. According to the 2011 Fortune 500 list, The Walt Disney Company is America's largest media conglomerate in terms of revenue, with News Corporation, Time Warner, CBS Corporation and Viacom completing the top 5. Other major players are NBC Universal, and Sony Corporation of America. A conglomerate is, by definition, a large company that consists of divisions of seemingly unrelated businesses. It is questionable whether media companies are unrelated, as of 2007. The trend has been strongly for the sharing of various kinds of content (news, film and video, music for example). The media sector is tending to consolidate, and formerly diversified companies may appear less so as a result. Therefore, the term media group may also be applied, however it has not so far replaced the more traditional term.[citation needed] Criticism Critics have accused the larger conglomerates of dominating media, especially news, and refusing to publicize or deem "newsworthy" information that would be harmful to their other interests, and of contributing to the merging of entertainment and news (sensationalism) at the expense of tough coverage of serious issues. They are also accused of being a leading force for the standardization of culture (see globalization, Americanization), and they are a frequent target of criticism by various groups which often perceive the news organizations as being biased toward special interests. There is also the issue of concentration of media ownership, reducing diversity in both ownership and programming (TV shows and radio shows). There is also a strong trend in the U.S. for conglomerates to eliminate localism in broadcasting, instead using broadcast automation and voice tracking, sometimes from another city in another state. Some radio stations use prepackaged and generic satellitefed programming with no local content, except the insertion of radio ads. Media Deregulation: Integrating Film and Television

    Media companies have thought of a way to reconstruct and enlarge their company, beyond the traditional operational methods. Often the television networks are part of the film studios, thus having a link to the company. Often there is a grand mixture of these companies working in all aspects of the media conglomerates that own numerous amounts of networks and studios. These small little companies are partly owned by these mass media companies, such as

    Hollywood film industry is controlled by 7 firms: The Walt Disney Company, CBS Corporation (because of CBS Films), Viacom, News Corporation, Time Warner, Comcast (majority owner of NBCUniversal), and Sony (through Sony Corporation of America), while Comcast & Sonys entertainment properties stretch across the film, music, and television industries. Examples

    Some of the most well-known media conglomerates include: BBC Discovery Communications Sun-Times Media Group Time Warner The Times Group (distinct from Times Newspapers of News Corporation) Tribune Company Viacom (owned by National Amusements alongside CBS Corporation) Tv, radio, net, newsagency,

    You might also like