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Concept 1: the media is controlled by a small number of companies that make products to create profit
Globalisation has concentrated media ownership into the hands of a few companies
Media conglomerates are horizontally and vertically integrated to maximise profits
Large scale media producers rely on advertising to generate income
Advertising drives media companies to produce products that have mass audience appeal
Concept 2:media concentration adversely affects media content
Business function of media industry takes precedence over its creative/ public service capacity’s
Profit-driven media is softened to create mass audience appeal
Minority interest content is pushed to the margins of broadcast schedules
Free market competitions produces format driven products
Concept 3: diverse ownership creates
Curran and season highlight the damage that free market ideologies have had on the media landscape
Public service broadcasting provides impartial news, serves minority audiences and champions national unity by offering inclusive rather that exclusive content
Commercial media
An organisation that makes or distributes products for economic gain. Commercial media usually makes products for entertainment
Horizontal integration
Ownership of subsidedies that produce similar type of products
Hysterical news Values
Sensationalist news content used to drive mass market sales
Mass market news
News designed to appeal to huge readerships, often critiqued for its lack of analysis or entertainment driven values. Also known as news depoliticisation
Media concentration/ media convergence
Term used to describe reduction in number of media organisations that produce products
Media pluralism
Media landscape with a healthy balance of products made by different media company types. These company types include public service broadcasters, commercial media and citizen-generated media
Public service broadcasting
Media producer who is not reliant on advertising to fund production or does not make products for commercial gain. Public service broadcasting products usually seek to inform and educate their audiences as well entertain
Vertical integration
Ownerships of subsidiaries that enable a media producer to produce, promote and distribute products