Media, Information and Technoculture 2100F/G Lecture Notes - Lecture 4: Hbos, Family Values, Netflix
31 Oct 2016
School
Department
Professor
Document Summary
They account for 80 to 85 percent of u. s, canadian and global box office revenue. Media companies are owned by extremely large mega corporations/conglomerates. Within the industries patterns of high concentration of ownership are visible. If you look at the cluster companies and who owns them you will see that must of the companies are owned by the very large mega corporations we were discussing last lecture. Majors control subsidiaries that concentrate on niche markets e. g. art house pictures (e. g. Majors control subsidiaries that concentrate on niche markets e. g. art house pictures (e. g. fox searchlight pictures) or genre films (sonys screen gems: ex. genre films. Some of these are quite large, but do not make the same massive, consistent revenue as the majors. Independents usually depend on agreements with the majors for distribution: ex. getting movies into the theater. Majo(cid:396) ad(cid:448)a(cid:374)tage of (cid:271)ei(cid:374)g a (cid:858)(cid:373)ajo(cid:396)(cid:859) able to rely on barriers to entry.
