advantages and disadvantages of media conglomeration

Like any other business, the purpose of the media is to earn profit and the only way they can do so, is by providing the viewers with whatever they want. Global Village Overview & Concept | What is a Global Village? By contrast, digital revenues on local websites have increased for many years, from MEG Annual Reports, various years. A conglomerate ( / knlm.r.t /) is a multi-industry company - i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. The Uses and Gratifications Approach sees the gathering of people as dynamic, implying that they effectively search out particular media and substance to accomplish certain outcomes or delights that fulfill their own needs. There have been a number of negative and very impactful consequences of the restructuring of the media landscape: There are two sides to every coin, and media convergence is no exception. But in the long run by conglomeration both industries will profit off of it because they will be able to widen the spectrum of their companies which means that they will be able to produce more shows and movies at once. Advantages and Disadvantages of Media Consolidation Pros of Media Consolidation Media for the Consumers What works for the consumers, works in the media. For example, newspapers often offer digital versions with videos and weblinks. In a sense, there is more honesty in journalism, but media still controls and manipulates peoples opinions, and is therefore just another iteration of World War II propaganda. However, they found this was an unreliable method of communication and the first newspapers and other media mediums were created. Economic convergence has three parts: digitization, conglomeration, and deregulation. VII. From the effects of this merging media, a purely capitalistic society relentlessly forms, diminishing individual rights . The definition of media convergence is the process by which previously separate media technologies are brought together by digitization and computer networks. Business is my passion and i have established myself in multiple industries with a focus on sustainable growth. Concentration of media ownership the absence of diversity.

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