Media Integration and Industry Perspective
- Focus: How companies integrate production and distribution.
- Perspective: Primarily from an industry standpoint, considering historical trends in new media.
Convergence
- Historical Trend: Convergence of media production.
- Examples: Photography, moving images, computational history (difference engine).
- Influences: Military, scientists, values, and ethics.
- Technological Shift: Transition from analog to digital.
- Modern Example: Cell phone as convergence of technology.
- Represents 150 years of computational and media tech in one object.
- Large companies (e.g., Apple) and internet providers collaborate.
- Personal Level: Individual use of tools for media capture and engagement.
- Platforms: Enhance the ability to share, create, and produce media.
- Levels: Personal experience vs. large-scale corporate operations.
Company Operations: Production, Distribution, and Marketing
- Differentiation: Companies specializing in production, distribution, and marketing.
- Production: Media production (film studios), auto manufacturers, etc.
- Distribution: Physical (film to theaters) or digital (Netflix).
- Marketing: Attracting customers.
- Model: Production company A contracts with distribution company Z and marketing company 3.
Horizontal Integration
- Strategy: Acquiring competitors.
- Scenario: Production company A buys companies B, C, and D.
- Goal: Reduce competition and increase bottom line.
- Example: Film studios acquiring other film studios.
- Benefits: Reduces competition, increases success.
- Drawbacks: Duplication of staff.
Vertical Integration
- Strategy: Owning the entire life cycle of production.
- Process: From creation to distribution and marketing.
- Goal: Control the entire cycle and reduce overhead costs.
- Example: Company owns studios, distribution channels, and marketing teams.
- Benefits: Efficiency, control over creative process.
- Examples: CBS owning production studios, distribution channels, and in-house marketing.
Combined Integration
- Approach: Combining horizontal and vertical integration.
- Example: Disney.
- Horizontal: Owns numerous production houses and film studios.
- Vertical: Distribution channels (ESPN, Disney+), marketing teams.
Implications and Tensions
- Democratization: Enhanced ability for individuals to produce, share, and distribute media.
- Examples: Posting to Instagram, YouTube.
- Consolidation: Fewer voices controlling platforms.
- Historical Context: Shift from big three networks (ABC, CBS, NBC) to numerous channels, followed by consolidation.
- Tension: Between new opportunities for individuals and corporate control.
- Historical Trend: Periods of consolidation followed by disruption and innovation.
- Current Tension: Balancing individual creation and corporate control.