Media industry
Media Industry
Representation
Audience
Industry
Language
Stage process of media
Production, Distribution, Circulation
Rupert Murdoch owns approximately 1/3 of UK news
Viscount Rother mere owns 40% of UK news through The daily mail and General trust
conglomerate- Business corporation formed by purchase of other businesses
Global conglomerate- As above, with businesses more than one country
Horizontal integration- when a company buys rivals, for example Disney buying Pixar
Vertical integration- when a company buys other companies that do part of its business- Disney, Buena Vista, Disney plus
Spotify and Netflix are pioneer companies
They changed their markets to be subscription and streaming based
Most news is owned by a small group of very influential people.
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