curran and Seaton

• Regulation


  government intervention in a market that affects the production of a good
• Deregulation


  the removal of some government controls over a market
• Free market


  a market with few government restrictions on how a good or service can be produced or sold or on how a factor of production can be employed
• Media Concentration


  The result of smaller media companies merging or being bought up by larger companies to form a small number of very large companies.

  Generally limits or inhibits variety, creativity and quality
• Public Service Broadcasting (PSB)

  a form of broadcasting whose objective is to benefit society -- an orientation usually achieved via government-driven funding and/or regulation
• Globalisation


  the process by which businesses or other organizations develop international influence or start operating on an international scale.
• Conglomerates


  a major corporation that includes a number of smaller companies in unrelated industries
• Neo-liberalism


  A strategy for economic development that calls for free markets, balanced budgets, privatization, free trade, and minimal government intervention in the economy.
• surveillance

  • view that the development of the internet has led to increased surveillance
  • neophiliacs - positive about new media
  • cultural pessimists - negative about new media - led to more surveillance e.g breaches of personal privacy
• 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
• Argue media is driven by logic of power and profit  
• • Media controlled by a small number of companies of giant conglomerates  
• Suggest profit driven companies lack creativity – due to wanting to minimise risk
• • A political economy approach to the media – arguing that patterns of ownership and control are the most significant factors in how the media operate.
• Media industries follow the normal capitalist pattern of increasing concentration of ownership in fewer and fewer hands. 

  This leads to a narrowing of the range of opinions represented and a pursuit of profit at the expense of quality or creativity.
• transnational culture

  • shared values from cross countries that embrace cultural diversity, multi-ethnicity, multi-languages
  • e.g Netflix