The Media And The Global 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.

It examines the (basically exagerated, and possibly likely)new media conglomerates, the power they have, how the use and abuse it especially in relation to the world economy. One can spend pages and pages "outlining" the aspects of the world that Idoru covers; every little point begs to be interperated, and as there is such a wealth of infomation, ideas, and typographic references to modern culture, a mass of isomorphisms which reach out to one, this book is, to me, personally at least, bordering on revolutionary.

Although the presence of competition between the various media providers is good, America’s media industry is faced with a major concern of oligopoly. There are special interest groups that have a grip on the country’s media companies such as major television channels and broadcasting. Statistics show that a large part of what Americans view, hear, or read is controlled by a few corporations that own major television and radio stations, as well as newspapers (Bennett, 2004). For instance, there are six big corporations that dominate the American media industry. First, News Corp, which is owned by Rupert Murdoch, an Australian-born media tycoon, owns the wall Street Journal, DirecTV, and Fox Television, among others (London, 2015). Second, General electric owns Universal Vivendi and the National Broadcasting Corporation (London, 2015). Third, the Cable News Network is owned by Time

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

The amount of control the United States has over international media and how their media affects the norms in an international country are just two of the many criticisms raised against media ownership. From Walmart, McDonalds, and Disney there is no denying the influence of the US across the world. The US is considered to be the world's superpower and it is one of the core nations. Core nations during this information age are known for being technically advanced. As discussed in Module 7, the United State control a huge portion of the foreign sales in the global communication market. Among the ten largest global media corporations, the United States has four- Time Warner, Disney, Viacom, NewsCorp, and Comcast/NBC Universal. These American

Finally, the social ramifications of corporate media control contradict the culture of democratic institutions in American culture and society. This has become a major issue in the clash between government regulators and the corporate institutions that are continuing to consolidate into larger, and more powerful companies in the 21st century. In this manner, the regulation of corporate media organizations tends to deny the existence of “democracy” in the U.S., which continually makes claims about the freedom of expression and diversity of its populations. This is also true of the reduction of government regulation, which continues to allow the consolidation of corporate media into a small group of transnational corporate owners. One of the

Unfortunately however, a February 2004 poll by the Pew Research Center found that “72 percent of the public has heard nothing about the media ownership [and consolidation] debate” (Connell 2004). Understanding how corporate mergers and consolidation affect the way in which the media function (especially in the realms of production and distribution) and how the media in turn directly impacts our society, our culture, our economy, and our politics – in short, our entire lives – is a necessary

Yahoo News, Huffington Post, CNN, Fox News, and Buzzfeed; these are some of the most popular sites today for current news on world events. But what if there was a newspaper for everything trending online? Cue Reddit, the Front Page of the Internet. Reddit shares many of the same attributes as online news with its timely and interactive content; however, its goal is not to deliver objective facts but to rank information by how interesting it is. Many successful websites require an equal balance of ethos, pathos, and logos to generate traffic. Reddit is unique in that its success comes almost exclusively from its use of pathos to keep a loyal user base.

He explains, “All of the US multimedia empires, along with their extensive adverting networks, project and encourage US tastes, values, mores, history, culture and language around the world”(Lule, 76). Lule notes that the media allows for economic globalization to be possible by creating an ideal of the world’s economy. The media portrayal of the Greece’s financial crisis sent the world into a frenzy, with society questioning what will become of the worlds economy if Greece departed the EU. Lastly, Lule asserts, “The media are themselves now transnational global corporations that help drive globalization even as they embody globalization”(Lule, 69). Considering that the bulk of media is controlled by conglomerates, there is little to no room for an unbiased

It is without a doubt that the Globalisation of the media has increased our access to information about people and events around the world. However, during the process it has also shifted issues on what should or should not be in the public domain due to media ownership led by Western media corporations. The media shape is reconstructing itself, forming a singular global body playing an essential part in our democracy socially, politically, economically and culturally. Due to this, the effects of globalisation towards Journalism have become very debatable to whether it is benefiting the practice of journalism or hindering it. During the course of this essay, it will explore the affect globalisation has on the media (especially journalism), the affect of media ownership and how new technologies have influenced journalism.

According to David Held and colleagues, 1999, there are five major shifts that have contributed to bringing about the global media order. The first of these five shifts is the increasing concentration of ownership. This means that the global media is now dominated by a small number of powerful, centralized media conglomerates. Sociological theories of the various forms of the media shows us that they can never be assumed to be politically neutral or socially beneficial. For many people the key problem is the increasing concentration of ownership of different types of media within large conglomerates that have come to be known as super companies. Many of the vast media conglomerates have gone on to form media empires which control the flow of information across the world. Some of these media empires are Time Warner, ABC/Disney, and Viacom. The idea of media super companies is one that creates discomfort for many, and not one which people should aspire to. Where enthusiasts see a dream, critics see a nightmare. As media corporations become even more concentrated, centralized, and global in their reach, there is reason to be concerned that the important role of the media as a forum for free speech, expression, and debate will be curtailed. A single company that controls both the content, as well as the means of distribution is in a position of great power. It can promote its own material, exercise self-censorship, and even cross endorse products within its own empire at the

If we talk about the role of media in globalization process we should firstly say that what the media is. The media is media technologies that are intended to reach a large audience by mass communication. Today the media play a key role in enhancing globalization. And the media also play important role in facilitating culture exchange flows of information between countries. The media spreads through international news broadcasts, new technologies, television programming, film and music. There are a lot of broadcasts of media. Foe example: We can say about internet, TV, radio, newspapers, books, billboards and etc. The media connects the world to a network of information easily accessible for all of us. In this discussion arises a question: Which role has media in globalization process? I think the role of media in globalization process is very important. And my point of view is that the media is a part of the globalization process, it is like “pen” of the globalization process, because media shares everything that the globalization process dictates. The important role in globalization process has Internet, which connects all the countries around the world. Internet is called “world wide web”. So if we say about the globalization process we should remind that the developed countries globalize enough. However, there are some countries which do not globalize enough. For example, states of 3rd world, hungry states and others.

Media imperialism is currently taking great importance in most developing countries’ states. The theory suggests presence of dominance from the big nations making smaller economies lose track of their identities. Monopolies of larger corporations swallow up the abilities of the small media groups. If incase the major source of information is an external producer it’s recommended then the dominant nation’s cultures and interests to take over the home country. We find critiques arguing the way we find more media cover on events in only a few countries comparing to the rest of the world. The coverage is attributed by dominating companies offering media services in the larger countries. This

In the present time, the media industry is considered one of the most powerful industrial structures in the world. The source of its strength lies not only in that huge funds in which they invest, but also in its extreme influence on individuals, groups, and governments. Media and communication activities occupy an important place in the economy of most countries. In the media industry, there are many institutions and companies that compete in the media market. There are different in terms of the quality of their products, the nature and means, and their size in the market. There are newspapers and print magazines, radio and TV stations, publishing houses, film production companies, and Internet sites. All of these institutions are part of

The Media's Role in Regional and International Relations with Regards to Development, Transition, and Influence