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Media industries

Updated: Nov 10, 2022

Definition: own/create media texts/products

Conglomerate

- company that owns subsidiaries

Oligopoly

- markets dominated by a small number of supplies

- examples of media organizations: BBC, ITV, Netflix, Disney, News Corp, Nintendo, Marvel, Guardian etc

- media texts can be used to inform, entertain, or promote ideas or products

- audiences can consume media texts in many different formats on a range of platforms

Traditional media: computer games, newspaper, music, magazines and comics, films, television, advertisements, radio,

New media: websites, blogs, vlogs, online games, podcasts, app

Media Convergence

- lets audience use one platform to consume various types of media texts

- media organizations use branding to help establish a brand identity that audiences can invest in and remain loyal to

- celebrity endorsement - actor interviews on chat shows just before a film release

- cross-media campaigns - advertising films on television, radio and the internet


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