Case Study Of Media Industry

Comcast’s acquisition of NBCUniversal has proved to be a great strength for the company’s operations. Comcast initially acquired a 51 percent stake of NBCUniversal in 2009. In addition to paying GE over $6.5 billion in cash, Comcast contributed about $7.25 billion worth of assets to the joint venture. Falling under its former business called Comcast Content, these assets included several regional sports networks, as well as popular cable channels such as E!, Versus, and the Golf Channel. In 2013, Comcast purchased the remaining 49 percent stake from General Electric for $16.7 billion. A separate deal also allowed Comcast to gain control of NBCU’s New York City headquarters at 30 Rockefeller Center, as well as CNBC’s headquarters in New Jersey (“How Comcast Stole,” 2013). Throughout the process of this large acquisition, Comcast prudently followed many regulatory conditions and promised that it would not abuse its power and position.

With the advent of information technology, the ways different aspects of life work and operate have changed a great deal. Media has always had a great influence in molding the culture of a society. There was a point of time when television and radio were invented and when computer was invented and there was little connection between the two. Time then travelled fast then through the age of cassettes, records, VCDs, DVDs, flash drive and then the internet. Media also started to go satellite on a massive scale and there came a point of time when media and digital communication systems became closely integrated with one another, opening the dimensions to digital media.

The media industry in the United States of America (US) is one such industry. As a powerful communication tool, the media has attracted many companies but only a handful has grown big. These media giants have dominated the local market and are currently seeking to conquer the global media industry in search of better profits.

1. Based on a careful reading of the case answer the following questions and then complete the table below. In the table below, list in column 1 the most important operational (transactional) activities (i.e. day-to-day work) at WNZ Media Corporation as it operates its business and competes in its markets. Then in column 2 describe the information required to enable or support each of those operations-level requirements.

Is it not slightly alarming that Comcast has managed to grow at such an alarming pace? Although it is at the same time truly amazing how well they are able to gain ownership of successful business ventures and re distribute

“Comcast” is one of many companies that own’s and works in the media industry, they not only own two very important primary businesses, Comcast Cable and NBCUniversal but are known as the largest cable television operator in the United States. They offer their customers a large variety of entertainment technology from video, high-speed Internet and phone providers, to residential customers under the XFINITY brand. As “Comcast works in the media industry they are always “aspiring to evolve to the next level of a corporation” and they are nearly there. They are already known to have the largest broadcasting and cable company in world by revenue, and from further research, we known that they are already America’s largest media conglomerate. Their name, “Comcast is a blend of the words “Communication” and “Broadcast”.

Over the centuries, the media has played a significant role in the shaping of societies across the globe. This is especially true of developed nations where media access is readily available to the average citizen. The media has contributed to the creation of ideologies and ideals within a society. The media has such an effect on social life, that a simple as a news story has the power to shake a nation. Because of this, governments around the world have made it their duty to be active in the regulation and control of media access in their countries. The media however, has quickly become dominated by major mega companies who own numerous television, radio and movie companies both nationally and

“Nobody Knows: How the Media and Culture Industries Work” by David Grazian explains the relationship between the media and how culture creates a web of networks that assist the implementation of popular culture in media. Media plays a huge role in how popular culture is spread to different parts of the world. In addition, the article emphasizes the importance of how film, music, and record industries bring in revenue and how they are able to attract the audience through the utilization of the media to spread the product. Grazain also points out that it is quite difficult for the industries to target an audience as everyone prefer different types of genres. However, the industries will rely on boundary spanners and gatekeepers. These individuals

4. The bargaining power of buyers: The outlook for the target market isn’t favorable for the movie industry because it will not be growing as fast as the overall population. Buyer power is a strong force because of the target market and several other factors including: the undifferentiated product offered, switching to an alternative is simple and low cost, and customers can stay home and watch movies. The consumers are also complaining about concession and ticket costs, along with the advertisements before the film is shown.

employees and annual revenue of $ 14.6 billion in 2014. Lack of company’s concerns for

Dish Network was founded in 1980 by Charles Ergen, Cantey Ergen and James DeFranco. It’s a satellite service provider that has 14 million subscribers in the U.S. and is the third biggest pay-tv operator (after DirecTV and ComcastCorp) (Ramachandaran 2013). Dish offers the most international channels as well as regional, specialty sport channels, premium movie, Latino channels and SIRIUS radio. It also provides satellite broadband service under the dishNET brand which is directed to rural residents who don’t receive wireline broadband. Dish offers HD and DVR technology. All of the company’s sales come from the U.S. (Reuters, 2016).

     The music industry is in a time of growth at this very moment. The environment for its growth has been increasing rapidly on many geographical boundaries and has been established through information technology and Internet. In this paper I will analyze how the music industry not only has been affected by Globalization as an economic institution but also that it has become a worldwide-globalized commodity. First, I will begin by analyzing how the music industry, though its consumption is not a necessity, it is affected by large economic factors and has become a large Music Market. Furthermore I will analyze how the music market has globalizing tendencies

The review of the case study “The Hollinger Media Group. Lord Black: Fall of a Media Tycoon” reveals how Black built a media empire when he bought his first newspaper in Quebec at age 22. The company, Hollinger was built representing the third largest publisher of newspapers in circulation in the world with over 400 titles. His breakthrough came when he took over the Telegraph group the owner of Daily Telegraph which was Britain’s top selling quality daily newspaper in the 80’s. By 2004 the empire collapsed as a result of various challenges related to how Black and his associates were engaged in undisclosed deals that benefited them but hurt the company; they were accused and also was found guilty of financial irregularities which was more than $400 million representing about 95.2 percent of the entire Hollinger’s adjusted net income for the period 1997-2003. By October 2004, a $542 million law suit was filed against Black, his wife and the associates involved by Hollinger. Security Exchange Commission (SEC) also filed

No one can deny the fact that media is the most powerful tool of communication? Communication and interaction are the constitutive parts of everyday life. Our morning starts with the news that we get from morning newspaper, radio or television. Every generation the developer has a plan to improve media. In the modern world, people consider media as one of the most requirements that people can’t dispense from it. Media is everything, and the world seems to be nothing without it. It is difficult to imagine how people get to know some important news without newspapers, magazines, internet, and radio. Everybody a lot of methods helps him to collect the information. This paper is about defining types of media and their differences, defining the important role that media played, and determining the advantages of media.

According to Jenkins ‘Convergence Culture: Where Old and New Media Collide’, It spectacles that the entertainment industry has taken the advantage of harnessing ‘New Media’ on traditional formats by focussing on the logistics and practices. This evidently helps to increase the popularity and the availability of audience participation through the use of updated technology. This is denoted through old technological formats via applying new interactive media to heighten the participation for numerous audiences. For instance, back in the day many industries i.e. entertainment had to depend on broadcasting and radio for the viewers to receive their audio or visual content. To do these industries had to send out signals globally through a large transmitter so that people can receive their content. Transmitting these signals