MDSA01H3 Lecture 11: lec11

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29 Nov 2016
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Recap of last class: particularities of media economics, satisfying needs and wants, organizing structures, public vs. Private ownership: new labor issues & media democratisation. Overview of today: defining terms, mass media as agents of globalization, global information trade, theories of international communication flows, new world information and communication order (nwico, from nwico to wsis, changing notions of place. The set of processes by which social, cultural, political, and economic relations extend further than ever before, with greater frequency, immediacy, and facility. The migration of people has become a more common experience. Companies seek business opportunities wherever they can be found and flee from regions deemed uncompetitive or hostile to free enterprise. Goal of media corporations is to get their product to the largest possible number of consumers. Transportation and communication technologies collapse space and time. As mobility has increased, so have the number of spheres of activity.

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