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Friday, 11 December 2009

Media Ownership


oligopoly - means a very small elite owning a large global company. The people that own these are known as 'oligarchs'.


synergy - to market a particular film/celebrity in order to maximise the profit and audience size.


The potential disadvantages for the consumer:

  • higher prices as the market is owned by the same people (Prices Too Full Just Like The Pages)
  • similar layouts, stories and ways in which they advertise (Baa Baa Baa Boring)
The audience as both consumer and producer (the internet is a good example of this e.g. wikipedia)

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