lo1 notes
TRANSCRIPT
![Page 1: LO1 notes](https://reader036.vdocument.in/reader036/viewer/2022083116/588a7e111a28abad628b4f5b/html5/thumbnails/1.jpg)
Private ownership A company that is owned by a person or shareholders who are private
citizens, and is not owned by the government. Can result in better products because of competition. But on a negative side, private companies can put profit above anything
else.
Public service broadcasting Content isn’t purely for commercial gain Don’t through content like news, arts programming and religious Can be both state and privately owned. Privately paid for with the sales of advertising and product placement.
Multinationals Operate in many countries Can be owned by a large corporation. May have lots of different divisions.
Independent Is any form of media such as radio, newspapers, the Internet that is free of
influence by governments of corporate interest. Huffingtonpost bought by aol in 2011 and they were a independent news
and blog website.
Conglomerates Made up of more then 1 company that work in different businesses but
fall under one umbrella company
Voluntary or not for profit This is a company who have unpaid and very few paid workers, and any
money that is made will be funnelled back into the business to further there cause.
Accessible Arts and Media / BBFC
Cross-Media When a organisation owns more then one type of media company, like in
radio, tv, film, print, music and internet. Kerang!!!
Diversification Its very similar to a conglomerates but they use the same name across all
the companies unlike in conglomerates that every company they own could have a different name.
Horizontal intergration Organisation that own multiple companies at the same level.
Vertical intergration
![Page 2: LO1 notes](https://reader036.vdocument.in/reader036/viewer/2022083116/588a7e111a28abad628b4f5b/html5/thumbnails/2.jpg)
Organisation that own multiple companies at different levels.
Production – pixar – walt Disney studios – marvel studios Distribution – Disney media distribution – walt diney home
entertainment – marvel television Screening – Hollywood pictures – walt Disney motion pictures/cinema –
marvel entertainment.
Share of ownership Share holders can decide to invest money Companies can own parts of other companies
Merger and takeovers Two or more companies may mutually decide to merge together to
increase profits and cut costs. A take over is when a bigger company buys a smaller company by buying
majority shares, this is not always mutual.
Yes we should have restrictions Gives consumer more choice Limits the media outlet’s potential profits
AMC Networks Tv advertising across all channels, merchandise rights, sale of dvds and
blu-rays Amc networks doesn’t have any diversification because they only have TV
channels. AMC networks doesn’t have any diversification so an advantage for them
is they can concentrate on perfecting their shows. In the market place but a negative is that they limit their amount of profit that they can make with only doing TV channels.
An advantage to a media franchise is being able to diversify a product across a lot other mediums. And a disadvantage to a franchise is the possibility that the company that bought the franchise could damage the reputation of the owner of the franchise.