Press and Broadcasting in the UK - glossary for LO1
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Conglomerates |
Large, multinational companies with business operations in several countries. Have cross-media interests (e.g. television and newspapers) and non-media interests (e.g. sports clubs, theme parks) which they may own outright or hold blocks of shares in. Examples: AOL-Time Warner, News Corporation. You should be familiar with at least one media conglomerate before the assessment. |
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New technology |
Usually refers to the internet and electronic media - you may also wish to refer to developments like digital TV and radio. |
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Globalisation |
Several strands to this concept in relation to the media: role of multinational companies in ownership and control of the media/economic factors content of the media/cultural factors (US/Western culture dominates, more TV shows exported internationally, marginalising local cultures) |
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Consumption patterns |
The number of newspapers we buy, which TV stations we watch, how many hours we spend watching them, etc (see separate handout) |
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Concentration |
Fewer companies/individuals owning more of the media, which may result in a reduction/narrowing of output |
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Diversification |
Increasing output in some aspects of the media (e.g. huge range of satellite/cable/digital channels compared to three terrestrial TV channels 20 years ago) |