CS101 Lecture Notes - Lecture 3: Cross Ownership, Technological Convergence, Transmedia Storytelling

• School: WLU
• Department: Communication Studies
• Course: CS101
• Professor: Nathan Rambukkana

Document Summary

January 17th 2017: convergence has been a controversial concept since the 1990s as the inevitable future form. It shows how the upregulation convergence of canadian media in 2000 resulted by decades end in television station closure, political consternation, a bitter labor dispute, and public campaigning for regulatory relief by media corporations claiming financial hardship. Convergence and canadian media: the aol merger convinced many media owners that cross ownership of multimedia outlets was the way of the future, a rush of multimedia mergers and acquisitions ensured worldwide. In canada a ban on joint newspaper television ownership has been allowed to lapse in the mid 1980s. In 2003 there was a call to issue a clear and unequivocal policy on cross-media ownership in. In canada the financial fortunes of the countries converged media giants followed a downward trend, advertising sales slowed, stock prices fell, and companies were not able to pay their high levels of debt.