The Media Monopoly- media ownership and control

These flashcards cover the key concepts and findings related to media ownership, concentration, and influence as discussed in the lecture on The Media Monopoly.

What does the Media Monopoly argument suggest about media ownership?

It argues that there is a decrease in the number of owners, giving owners more power.

What is a monopoly in the context of media?

Exclusive ownership of a service or a commodity.

How has the number of media companies changed in the last decade?

The number of companies has sharply dropped.

What does the concentration ratio in media refer to?

It refers to the significant increase in the concentration of media ownership.

What do powerful media companies do by buying different mediums?

They narrow the available sources of information based on the owner's interests.

How do large media companies influence political and social views?

They invest millions for money and influence, which can strongly shape opinions.

What percentage of the UK's local commercial radio stations are owned by just two companies?

65%.

What does Curran suggest about the concentration of ownership in media?

He suggests that the concentration of ownership isn't new.

Which powerful media moguls are mentioned in the notes?

Barclays brothers and Murdoch.

What percentage of the UK's national newspaper market is dominated by three companies?

90%.

What is meant by ideological state apparatus in the context of traditional Marxism?

It refers to institutions that serve to propagate ideology and maintain control.

How many companies are responsible for 71% of the UK's local newspapers?

Just 6 companies.

Who is Bagdikian and what is his significance in media ownership?

He authored 'Lads of the Global Village,' highlighting how media companies are dominated by few powerful people.

What capability do media moguls have over public thought?

They can decide what the public should be thinking and share their own viewpoints.