Media, Information and Technoculture 2100F/G Final: MIT 2100 Final Exam Notes
2 Aug 2016
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Document Summary
Relationship between power (politics), wealth (economics) and communication (media) Cbs, time warner, disney, comcast, viacom etc. (large networks) own everything. Huge corporations have a massive influence on our culture. Disney is a conglomerate walt disney company owns many other smaller companies. Disney owns abc, marvel, espn, disney theme parks, star wars. Sources of revenue: media networks (44%, parks and resorts (31%, studio entertainment (14%, consumer products (9%, interactive (2%) Acquiring star wars helped disney gain control of the cinema sector. Disney has a complex and intensely hierarchal division of labor. Big actors in star wars made -20 million to appear in the movie. Average disney cast worker makes . 47/hour: barely above u. s. minimum wage. Large disparity between the salaries of those who control media and those who work for media companies. The ceo of a company generally makes 300x more than the average wage of their workers. Disney also has contracted workers in the third world (ex.
