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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