Type of ownerships in the media sector

Type of ownership in the media sector

 

Public ownership:

A TV service provided by government for the masses such as BBC, unlike private ownership you have to pay a TV license  You only need to pay one fee of £145.50. there is many advantages and disadvantages to this, The advantages are as the viewers we have a direct impact of what is shown on TV and what isn't through viewing figures and complaints it is also unbiased when covering political   news they give each party the same attention

Private ownership:

A TV service which us as the viewers have to pay for like Sky or Virgin Media while we pay for there service, There is a lack of variety shown on the TV along with biased political news

Keys words in media

Globalistation:
Globalistation is the process in which the world is becoming increasingly interconntected via the internet as a result of this trade and cultral exchange many compaines are expanding in to various sectors of media example of these would be virgin media, Virgin media has expanded into travel,Holidays,Mobile phones,TV and broadband

Merger:
Merger occurs when two compaines with the same product of service merge together to create one whole company to become one single entity meaning that there will be more money and staff to put to good use many mergers are to save dieing companys, An example of this would be

Takeover:
Takeover occurs when one company acquires control over the other company this is done when one company is struggling to hold its head above water and is need in funds that is when a company steps in and offers them money for control of there company such exmaples of this is when Google Acquired Motorola Mobility              

 

Vertical Intergration

Vertical Intergration is when a company intergrates with another company which produces the same type of product such as if Jaguar took over Honda

 



 

 

Understanding the media sector

They are many sectors which Encompass media, These sectors are the following

• Publishing
• Games
• Film
• Radio
• TV
• Photo Imaging
• Interactive Media
• Animation
• Advertsting

we will be looking in depth at each sector picking apart each sector to see what makes it tick and the history behind each sector to give you the readers information

Publishing

Publishing is the process of production and dissemination of literature, music, or information

In the UK publishing industry, they are a wide variety of jobs these include

• administration - customer services, IT support, financial, personnel and accountancy roles;
• contracts and rights (legal) - negotiating and drawing up contracts; selling rights to publications to film or TV companies, merchandising companies, or other publishers; and legal work including advising on intellectual property rights and dealing with disputes;
• production and design - designers are responsible for planning the overall look and feel of a publication; production involves management of the practical aspects of typesetting, printing and binding;
• distribution and sales - warehousing, logistics, sales and account management;
• editorial - commissioning work or buying manuscripts and then liaising with authors, design and production to see the work through to publication;
• marketing and publicity - planning advertising campaigns and events, and developing advertising and marketing material.

There are approximately 194,650 people working in the UK publishing industry, It is estimated that there are over 11,000 publishing businesses in the UK. The industry generates over £10billion,Most publishing companies are small and have fewer than ten employees. However, there are a low number of very large companies who employ a high proportion of the publishing workforce.

Video Games

the video game industry is one the largest growing media sectors



The UK has around 10,000 people working in games development which is not a large amount at all. However, Most of the major gaming companies split there workforce into subsidiaries for example Rockstar have 10 subsidiaries thought the world. UK video game software, hardware and accessory sales totalled £2.52 billion in 2011

Film

The UK film industry has a long and proud heritage which now has a total workforce of around 27,800 people

The film industry divides itself into five sectors:

• Development - the writing, packaging and financing of film ideas and scripts.
• Production - the process of setting up and shooting every scene in a film.
• Post Production - where all these shots are assembled, treated and mixed into a finished product.
• Distribution - the process of selling this product to audiences, via the cinemas, retailers and rental firms.
• Exhibition - the cinemas which screen the film for the general public.

The UK film industry contributed more than £4.6bn towards the UK GDP in 2011

Radio

The radio Industry, The industry has been growing steadily in recent years and now employs over 22,000 people, in 2011 the Total Industry Revenue gained £1,162m, £456m came from advertisement Revenue. They are a wide variety of jobs including

• Broadcasting Assistant
• Radio Presenter
• Reporter
• Radio Producer
• Radio Traffic Manager
• Station Manager
• Sales executive

And so on and so on

TV

The UK television industry generated £11.7bn, Much of this came via subscription revenue. There is a wide variety of jobs in the television industry such as

• Art and design
• Camera
• Hair and makeup
• Journalism and sport
• Lighting
• Performers
• Production
• Sound

Photo Imaging

The UK photo imaging industry consists of over 43,100 ponies with over 8,100 companies in these companies the job list are as the following

• Image producers (including laboratories and minilabs)
• Photo retail
• Picture libraries and agencies
• Manufacturers
• Support services (e.g. equipment hire and repair)

Interactive Media 

the UK interactive media industry consists of around 34,300 and is worth around several billion pounds, In the interactive media sector there is jobs ranging from Designer and programmer and everything inbetween