advantages and disadvantages of media conglomeration

While MEG's broadcasting decreased 17% and digital media increased 8%, its newspaper was down 43%. Advantages and Disadvantages of Conglomerates - 2264 Words - EssayBizLab Similarly, an overall return will not highlight problems that may exist in some of the component companies, which may increasingly inhibit profitability. Global mass communication: pros, cons and what drives it - Ryan Ruud Many modern tabloids, twenty four hour news channels and other mainstream media sources have increasingly been criticized for not conforming to general standards of journalistic integrity. I feel like its a lifeline. Advantages of a Conglomerate Merger. This advantage is enhanced by the fact that the business cycle affects industries in different ways. 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. Common Cause reports that one company may own three TV stations, eight radio stations, a local newspaper and the cable system in a market. Conglomerates more easily run the risk of being, This page was last edited on 4 January 2023, at 19:05. - Definition & Explanation, Media Effects: Definition, Effects & Beliefs, What is Mass Media Research? Edition: 2nd ed. The main objective of this research paper is to identify the working process and to recognize the challenges in the working mechanism. An error occurred trying to load this video. On top of that, we have daily newspapers, magazines targeting all kinds of readers, and, of course, the immeasurable breadth of the internet. While diversity still clearly exists, there is the risk that mass media might reduce cultural variety, leaving us with less art and fewer inspirations. Media convergence is exemplified by the various computerized devices which people use in their daily lives. Groups of people that hold a certain belief or have an idea different from other groups. By becoming a diversified conglomerate across several industrial sectors, the parent company may reduce its exposure to single market risk. Another advantage of this is that what works for the people also works for the media. 14 Steps to Buy a Business, C Corporation - Definition, Benefits and Disadvantages, What is Compliance? The definition of technological convergence, as its name implies, is the convergence of previously separate physical technologies (print newspapers, television, CDs) into single devices. Monopoly. Conglomerates offer diversification of risks to their parent companies. Organic convergence is when one person uses multiple media technologies at once. There are a variety of consequences of media convergence, some positive, such as greater convenience for users, and some negative, such as less regulation of untrue and misleading content. In a May 2003 article appearing on the Heritage Foundation, James Gattuso - a senior research fellow in regulatory policy - reports that the ability to own multiple television stations, for example, allows the owners to provide programming for niche markets on the different stations.

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