Corporatization of Indian media has led to issues like censorship, self-censorship, and paid news due to advertiser and corporate influence. When media becomes a corporate business focused on profits, it can compromise its role of serving the public interest and reporting truth in an unbiased manner. The top media owners in India are Essel Group, Star Group, Sony, Reliance, and Zee. Media convergence involves the merging of technologies and forms through digitization and networking.
2. Corporatization
• Meaning:
Corporatization is defines to be
influenced by or take on the
features of a large commercial
business, especially in being
bureaucratic and uncaring.
The main purpose of
corporatization is
externalization.
Corporatization can be
considered as a step to
privatization.
• After effects:
Censorship and conflicts of interest
Self censorship
Advertiser’s influence
Paid News
Loss of credibility
“Newspapers and television channels
are consciously redesigned as pure
business enterprises with the sole
aim of profit making.”
- Praful Bidwai
3. Media corporate and public interest
• Media have to stand for the public interest
• Public wants to know the truth.
• For that each media have to unbiased.
• Neutral reporting of news as well as programs is necessary for the truthful media but is
it possible when the media is owned by someone?
Corporate interest or public interest
Media gives a service to the public . It is the basic function of every media is to
serve the truth. When media becomes a company or corporate they will
always try to stick to their business tactics. These companies may be involving
in many other fields too. So, the media under their ownership works to depict
their good. Is it possible to be unbiased every time for such a media?
5. GENERAL ELECTRONICS COMCAST
Comcast is your top dog amongst media conglomerates in 2013, as the only company to reach over $6
billion in profit and with nearly 50% more revenue than nearest competitor Walt Disney in 2012,
having earned over $62.5 billion. Comcast received its biggest boost in trying to rise to no. 1 in taking
over NBC Universal in 2010, which also gave them a significant advantage over Disney who still have
yet ascend its own cable news network (ABC News) to a level where it can compete with the likes of
Comcast owned MSNBC.
Comcast also does battle with Disney on the movie and theme park with Universal Studios. Comcast will
add a significant asset to its NBC Sports division when it begins broadcasting Barclays Premier
League matches live in August, a deal they secured with a three-year $240 million dollar offer.
http://www.corpwatch.org/article.php?id=7846
6. NEWS CORP
• 1 cable news network in America.
• News Corp also owns the gold standard of journalism in the
U.S. with Wall Street Journal, the largest paper in America,
while it also owns The Times of London.
• Plans to release a new, 24-hour cable sports network will
allow the company to compete with ESPN starting in August
when Fox Sports 1 & 2 make their way to American
households.
7. DISNEY
With revenue topping $42 billion and profits of over $5.5 million, Disney
comes in at second amongst our list of biggest media conglomerates. The
House of Mouse includes many of today’s big boys in its family, the most
notable of which are the American Broadcasting Company (ABC), its movie-
making division Walt Disney Pictures, as well as Pixar, and the Entertainment
Sports and Programming Network, otherwise known as ESPN. Its ownership
of Marvel Comics puts it head to head with Time Warner in the battle of super-
hero motion pictures, which it won in 2012 as "The Avengers" grossed over $1
billion in box offices. Disney also has a 50% stake in the A&E Networks.
8. VIACOM
Coming in at no. 4 is the company that, quite literally, owns
the music television game, with control over MTV, VH1 and
BET. With nearly $15 billion in revenue and over $2 billion in
profit, Viacom also has its stake in the movie-making business
with Paramount Pictures. The company, in its current form,
was created when it split from the old Viacom in 2006 along
with the CBS Corporation. Viacom also counts Nickelodeon,
Spike and Comedy Central among its assets
9. TIME WARNER
Time Warner actually suffered a loss in revenue of nearly $29 billion in 2012, but still come in at
no. 3 having earned over $3.5 billion profit. The company has been downsizing in recent years,
having seen America On-Line (AOL) and Time Warner Cable spin off into their own distinctly
independent companies in recent, while Time Inc., the division of Time Warner that controls it’s
magazines such as Sports Illustrated, People, and (you guessed it), Time magazine, is expected to
become independent by the end of 2013.
Time Warner will, however, be holding onto its biggest assets such as the Turner networks TBS,
TNT, HBO, CNN and Warner Brothers studios, while they also own a $50 million stake in the CW
Network. Time Warner also owns the DC Comics series, which allowed them to produce their
most recent cinematic success, "Man of Steel," and compete in the sports network circuit with
ownership of NBA TV.
10. CBS
After spinning off into its own company from Viacom in 2006,
CBS has mainly controlled the network television and radio
broadcasting side of the business. With the most watched
network under its name, CBS generate over $14 billion in
revenue and $1.3 in profit. CBS owns a 50% stake in the CW
network, which it shares with Time Warner, while it fully owns
Showtime, CBS Radio and Simon & Schuster, one of the big
four of print publishers. CBS also owns its own sports network
13. 2. STAR GROUP
Star Bharat Hindi
Star Bharat HD
Star Gold Hindi
Star Gold HD
Star Gold Select
Star Gold Select HD
Nat Geo Music
Nat Geo Music HD
Nat Geo People
Nat Geo People HD
Nat Geo Wild
DISNEY Owned 21st century Fox which owns star
India the owners of Asianet.
Asianet Malayalam
Asianet HD
Asianet Movies
Asianet Plus Malayalam
Baby TV
Baby TV HD
Channel V
Fox Life
Fox Life HD
OK
Nat Geo Wild HD
National Geographic Channel
National Geographic Channel HD
14. Star Jalsha
Star Jalsha HD
Star Jalsha Movies
Star Jalsha Movies HD
Star Maa
Star Maa Gold
Star Maa HD
Star Maa Movies
Star Maa Movies HD
Star Maa Music
Star Movies
Star Movies HD
Star Movies Select HD
Star Plus Hindi
Star Plus HD
Star Pravah
Star Pravah HD
Star Suvarna
Star Suvarna HD
Star Suvarna Plus
Star Utsav
Star Utsav Movies
Star Vijay
Star Vijay HD
Star Vijay Super
Star World English
Star World HD
Star World Premiere HD
15. 3. Sony
Sony MAX
Sony MAX 2
Sony SAB
Sony LIV
Sony SIX
Sony Mix
Sony SIX HD
Sony ESPN HD
AXN HD
Sony TV HD
SONY TEN 1 HD
SONY TEN Golf HD
Sony PIX HD
Sony SAB H
Sony Wah
Sony Pal
Sony MAX HD
Sony ROX HD
Sony BBC Earth
Sony AATH
AXN India
Sony Le PLEX
Sony Yay
Sony PIX
Sony ESPN
SONY TEN 1
SONY TEN 2
SONY TEN 3
16. RELIANCE GROUP
• Founded in 2005
• Products: Big Synergy
• Subsidiaries:
Ambilin Entertainment
(NBCUniversal has a minority ownership)
Dream Works
(Universal Group)
Sun Network
Established by Kalanidhi Maranon 13 April 1992
22. Media convergence
1) The merging of previously distinct media technologies
and media forms resulting from digitization and
computer networking;
Or
2) An economic strategy in which the media properties
owned by communications companies employ
digitization and computer networking to work together
23. Reference
• www.thehoot.org/resources/media.../media-ownership-in-india-an-overview-6048
• "EC detected over 1,400 paid news cases during Assembly polls", Lens On News, September 2013
• "Congress goes buying reporters in Chhattisgarh, offers ours Rs 25,000". Indian Express. 14
December 2013. Retrieved: 14 December 2013.
• www.hillpost.in/2013/08
• http://epw.in
• http://sevenpillersinstitute.org
• www.combatlaw.org
• Corteau,David , William hoynes; The business of media: corporate media and public interest. Pine
Forge Press, 2006
• https//www.webpagefx.com/data/the-6-companies-that-own-almost-all-media/
• Mandal, Dilip. R. Anuradha, Media Ethics. Oxford University Press, 2011