Monday, 8 October 2018

Industries

➥ 1983
・90% of American media was owned by 50 companies. 
➥ 2011
・The same 90% is controlled by 6 companies. 

These six companies are :

• GE ⇢ Comcast, NBC, Universal Pictures, Focus Pictures. 

• News-corp ⇢ Fox, Wall Street Journal, New York Post. 

• Disney ⇢ABC, ESPN, Pixar, MiraMax, Marvel Studios. 

• ViaCom ⇢ MTV,  Nick Jr, Bet, CMT,  Paramount Pictures. 

• Time Warner ⇢ CNN, HBO, Time, Warner Bros. 

• CBS ⇢ Showtime, Smithsonian Channel, NFL.com, Jeopardy, 60 minutes. 


Advantages of the 6 biggest media companies➟

・Small ideas can be turned into a worldwide success
・Larger Audiences
・More money and a bigger impact.

Disadvantages of the biggest 6 media companies➟

・Money over public interest
・Loss of power and control
・News and messages are so similar - no diversification (telling us what to think)
・Lack of competing views and perspectives. 

The Big Six own↴

・Film    ・Music    ・Internet     ・Online Streaming   ・Sports   ・Television 


↳ ComCast-  Single largest cable provider on earth. 
                   $69 billion- Revenue per year 

↳ Disney-  $ 48 billion- Revenue per year 

↳ News Corporation -  Net worth- $70 billion
↳ Time Warner-  Net Worth- $52 billion

↳ ViaCom-   Net Worth- $31 billion

↳ CBS-   Net Worth- $29 billion

Who Owns Uk Media?

Rupert Murdoch⇒

・The Sun    ・The Times   ・Guardian    ・Trinity Mirror   ・Telegraph 

⇩
Could Manipulate  the media and tell everyone what to think and believe. 



BBC-   Public Service broadcaster- Interested in the viewers and public, not the advertisers 

Sky -  Huge competition for BBC. 

Netflix, Sky and Amazon-  All becoming huge film company providers. 










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