The media kingpin I selected is Oprah Winfrey because of her brilliant media ownership. Oprah is one massive achievement. In 2003, Oprah broke a record and a barrier by becoming the 1st African American woman to reach a billionaire standing. As quoted by Josh Nichols “OPRAH CAN DO ANYTHING!!!” Oprah Winfrey, made history on daytime TV, captivating the hearts and minds of people worldwide. Concentration of media ownership is a procedure where gradually less people
Media ownership concentration basically is the trend which is rapidly growing – more and more of the privately owned media companies today are taken and dominated by the multimedia corporations. It means that the rise of transnational media conglomerates can be noticed clearly resulting in the large amount of media is being placed in fewer owners’ hands. Moreover, there is evident formation of alliances when different media companies are joined together into the global conglomerates. As mentioned
Spanish scholar Alfonso Sanchez-Tabernero explained the same significant situation in Europe in his Competition between Public Service and Commercial Television in the European Market (2004) and Media Concentration in the European Market, New Trends and Challenges (2002). Since the early development of television industry, many European countries chose another other than “American Model”. They trusted that state-owned cable networks can effectively ensure their political discourse and cultural diversity
But in the area of media content, (i.e movies and television) internet users have started using more underground and (usually) illegal routes to obtaining the content not easily accessible within their country. In this essay I will be examining the critical engineering behind obtaining content not accessible within our country, the concentration of media ownership and the censorship of internet content overall in relation to the media object known as Netflix. American media content can take a very
capitalist natures of media organizations reveal political and economic pressures that have a direct impact on the way media content is shaped. Leading academics have theorized this concept as the political economy of corporate media. There are three key determinants that carry significant impact on the production of media content; these include media ownership and the structures of power, advertising imperatives, and newsroom politics. The issue of corporate capitalism driving the media industry of today
imperative that people understand the concentration of media ownership also referred to as media consolidation. This term refers to a course of action whereby a few individuals or organizations control an increasing share of the mass media. Research reveals increasing levels of consolidation with many media industries that are already highly dominated by a very small number of organizations. Media consolidation is closely related to issues of editorial liberation, media bias, and freedom of the press (Common
reach millions of people every day. But who owns the media? Actually, through the long history of mergers and acquisitions, few big companies have been controlling what we see, hear, and read by maintaining the ownership of mass media. However, the issue of media conglomeration has produced a significant amount of controversy. Since the media’s power and the control of the communications system have been dominated by a few corporations, media conglomeration has been viewed as an obstruction and
Time Warner In 1989, the largest Media Corporation was formed. The integration of Time Inc. and Warner communications produced Time Warner, which in 1996 with the acquisition of Turner broadcasting, regained it's status from Disney as the largest media corporation in the world. The company right now, with over 200 subsidiaries world- wide, is becoming fully global with it's profits from the USA falling, and it's profits throughout the world rising. Globalisation is proving to be Time Warner's major
The contemporary media exudes features that are inconsistent with liberal democratic ideals and many scholars (Beecher, 2005: Curran and Gurevitch, 2005) have expressed concerns over this issue. Liberal democracy upholds the idea that media should be independent from government’s intervention and ownership of press should be diverse, preferably, privately- owned in order for media to be able to act as watchdog, information provider and facilitator of the public sphere. However, these ideals are not
Concentration of Ownership and Decreasing Diversity in Print Media For all who love to read books, imagine walking into bookstore after bookstore seeing the same type of books over and over. No variety, no choice, only repetition. Although America prides itself on freedom and democracy more than any nation in the world, this hypothetical situation is becoming increasingly closer to becoming a reality than some may think. Consolidation and concentration of ownership in print media companies