Thursday 11 October 2018

Industry

Industry

Who owns the media?

Before 1992, there were 50 main companies, after 1992, this dropped by half, meaning there was 25 companies ion the industry. Fromm 2011, this has dropped to 6 main companies, commonly known as the 'big six'.

Comcast - in 2013 made revenue of 69 billion.
- Biggest cable provider
- Comcast is a cable provider for tv

Walt Disney
- 48 Billion revenue.
- owns,
+ Pixar
+Marvel entertainment
+ Lucas Films
+ ABC
+ A & E
+ ESPN

21st Century Fox
- Make Money from advertising
- 32 Billion a year
- Film & TV

Time Warner
- 27 Billion
- 2002 100 Billion due to failed merge

CBS & Via come
- 14-15 Billion a year
- individual companies

Uk media

- 3 companies control 71% of national newspaper circulation
- 5 companies control 81%
- BBC is the counterweight to commercial media, public service broadcaster.

Media Organisations

- BBC
- Disney
- News Corp
- Nintendo
- Marvel
- The Guardian

Format:
This refers to whether the content being presented is either a video, audio, print based or a a combination such as a website or a video game.

Platform:
This is used to show where the media format is presented.

Media industry is a business, that is competitive and potentially very profitable.









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