Industry Theory

Cards (47)

  • Free Market
    A capitalist system where the prices for goods and services are determined by the open market and consumers and where state/legal regulation is kept to a minimum
  • Media Concentration
    A process whereby fewer individuals or organizations control shares of the mass media
  • Public Service Broadcasting (PSB)
    Television and radio programmes that are broadcast to inform, entertain or educate the public, without trying to make a profit. They are financed in some way via the state
  • Globalisation
    The global spread of media and communications systems and businesses. How local and national industries are linked to a wider world culture
  • Neo-liberalism
    A political ideology favouring free market capitalism
  • Conglomerates
    A media conglomerate is a large corporation that owns a large number of media companies, such as television, radio, internet, publishing – giving the conglomerate large amounts of power in their market
  • Regulation
    Rules or sets of standards that are expected to be adhered to by media producers
  • Deregulation
    The relaxing of controls and limitations imposed upon the media by the state
  • Surveillance
    Mass surveillance is the intricate surveillance of an entire or a substantial fraction of a population in order to monitor that group of citizens
  • Privacy
    The state or condition of being free from being observed or disturbed by other people
  • Security
    The state of being free from danger or threat
  • Media is controlled by an small number of large companies driven by the logic of power and profit – media conglomerates
  • Media concentration generally limits variety, creativity and quality
  • Socially diverse patterns of ownership help to create the conditions for more varied and adventurous media productions
  • Power
    Media companies are hard to regulate as they have more money which gives them more power in the industry overall
  • Value
    The media facilitates the exchange of cultural ideas across borders
  • Public Sphere
    A place where public opinion is formed through open discourse
  • Public Interest
    Serving the needs and concerns of an audience
  • Governance
    Establishes rules and standards for media producers to follow fairly
  • Transnational Culture
    An analysis of the cultural effects of globalisation
  • Struggle in UK regulation policy between need to further protect audiences vs need to widen the choice available to consumers
  • Increasing power of global media and the rise of convergent technologies means that traditional regulation is at risk
  • Regulation of media products is hard
  • Difficult to establish what rules should or shouldn't exist
  • Regulation should protect the audience from harm
  • Regulations have to try and balance protecting people whilst offering them choice
  • Technology has made regulation much harder overtime
  • Downloading & Streaming means people can bypass controls like age certificates
  • Online media is difficult to regulate due to the vast amount of people that use it
  • Companies with high amounts of power (media conglomerates) can avoid regulation
  • Laws can be broken and punishments can be weak
  • Cultural Industries

    That symbolic forms are in general produced, distributed, and consumed in the form of commodities and under conditions of capitalist market competition and exchange
  • Commodification
    The process of turning goods, services, or ideas into commodities for sale
  • Convergence
    The merging of different media platforms and technologies into a unified system
  • Diversity
    To represent and reflect the richness of different cultural perspectives
  • Innovation
    By introducing new ideas, technologies, and approaches
  • Conglomorate
    The integration of various media companies under a single corporate umbrella
  • Vertical Intergration
    By consolidating control over various stages of media production and distribution
  • Cultural Imperialism
    The dominance of one culture's values, beliefs, and practices over others through media influence
  • Cultural industries minimise risk and maximise audiences through integration and the formatting of media products