Sunday, September 17, 2017

Media Owners

The world of media has grown from a vast market of independent companies which provided a wonderful service to those seeking information. This has not become the case in the last decade or two since the deregulation over the media and public airwaves. Larger companies have bought out many aspects of these sectors and has made it very difficult to compete on an independent scale in the sake of cost. This does not mean that there still aren't smaller companies which do so but it isn't the same playing field in which we all have known in the past. I don't think it's something that we can go back to in this day and age. There is nothing wrong with this but it must be understood that change is needed now more than ever. Those who do not recognize this change will ultimately fall by the wayside of change and movement. One thing I have learned from this class is that as technology changes to make things easier to obtain information so too does the quality of the "mass production" of information in the case of general goods and services. In this blog I will provide articles which speak upon the world of media growing ever smaller and well diversified and how these companies now are more interested in profit margins than that of the information which these news companies, by definition are meant to provide.

Corporate media is a term which refers to a system of mass media production, distribution, ownership, and funding which is dominated by corporations and their CEOs.

FreePress.net 

https://www.freepress.net/ownership/chart

This website provides are wonderful example which breaks down each part of the media and gives the main companies which involved within the production of media within each area. Please look for yourselves as how small the "pond of providers" has become and ask yourself, "Is it possible that there is a filter on which the information flowing through these sources might reduce the flow of information?" I ask this because it is important to understand the inherent bias which might occur due to the sake of profit margins each company/corporation. It is important to understand the advertising and marketing schemes in which might be used to entire those demographics that are more likely to consume a produce via these ports of consumerism of products, both entertainment and information - "infotainment".

Keep in mind, the airwaves for T.V, Radio- Cable and Telecommunications are all considered a balic public necessity which allows these companies to use them free of charge all the while making huge profits for their companies. In each of these there are lobbyists who sway the companies to provide specific information, products, and form the narrative of each for which ever agenda is footing the bill. These services are intrinsically set up to provide for public a basic service which provides that same public with vital information and news; this has slowly been less of the case in my opinion as time as gone by.

BusinessInsider.com

http://www.businessinsider.com/these-6-corporations-control-90-of-the-media-in-america-2012-6

If you do not want to go to the link, I will provide the image from the article which I do think breaks down the general difference over the years in terms of control over the idea and how it has become a smaller pool of players across the board. The writer in this article speaks on how 50 companies provided the same services that basically 6 do today back in the 80's. She also states that this picture below is not up to date as GE does not own media companies anymore and so GE should be replace by Comcast, respectively.

media infographic



Lastly, it would not be an integral part within the theme of this blog to simply speak upon the perceived negative attributes of corporate media without also providing information which speaks on the merits of such marriages within these companies and their ability to provide for their customers something in which smaller, independent companies may not be able to provide.

DoubleTheDonations.com


Now, I have to admit I have never come across this website nor am I familiar with their lean in terms of where they stand in all this fun lovin' "hoopla"  (I wouldn't call this subject unnecessary but I just wanted to say "hoopla").

ANYWHO! 

This article does provide a pretty great break down of how corporate media has respectively provided services across the board, quantitatively and qualitatively.

The article starts off explaining what CSR is and how it has impacted society since taking a firm grasp of the media outlets.

Corporate social responsibility (CSR) is a broad term used to describe a company’s efforts to improve society in some way.

This website is pretty great in terms of having data presented in case to grasp pictures and what not but I am a huge fan of tangible sources and from what I have found seems like the CIA doing an investigation on itself and finding no foul play occurred. I'm taking a policy analysis class as well which makes me want to look into the data which is provided. All data is important not simply the data which fits in the box you create. CONTEXT is key my friends.


I hope you guys enjoyed my article this week! Let me know what you think below in the comment box and as always if there is anyway to improve upon this let me know.

K. Thanks. Bye!

1 comment:

  1. I never knew that GE, Newscorp, Disney, Viacome Time Warner and CBS 1) made that much money (I mean wow!) and 2) controlled so much of the information we receive on a daily basis! One can only hope that the information we hear is for our safety and protection and not apart of some Monopoly game in order to win the "prize".

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