PHL 131 Lecture Notes - Lecture 18: Gfk Entertainment Charts
8 Jun 2020
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Document Summary
Many news organizations worldwide have one thing in common: they are owned by corporations: fundamental business mandate is profit. The corporations may even have a legal obligation to their shareholders to pursue the greatest possible profit as their overarching goal. Two main ways of doing this: minimizing expenses and maximizing revenues: minimizing expenses. Way to reduce expenses is to employ a few fulltime journalist staff as. Although this minimizes costs, it also tends to reduce diversity of. Gives rise to problem of pseudo-independent confirmation. Distinct investigations and perspectives in the media as a whole. news outlets run same report on familiar issues & when new unfamiliar ones may lack personnel to investigate them thoroughly: maximizing revenue. For business reasons, news sources must avoid acting in ways that. This amounts to a strong motive not to scandalize public, private, or would seriously disrupt their sources of revenue. government groups that could pressure advertisers to withdraw sponsorship.
