Understanding Media

What is private ownership?

Private ownership is the British Broadcasting Corporation (BBC). As the world's oldest national broadcaster in the world the BBC hold around 20,000 staff in total and 16,000 of that amount are public sector broadcasting employees. Also, the BBC is owned by the public as you would know because it is funded by them. You fund it by paying the television license.

Private Ownership companies;

• Paramount
• 20th Century Fox
• Warner Brothers

What is public service?

Public service or also called Public broadcasting mainly includes; Radio, television and many other electronic media outlets. Also public service is funded, and the funding comes from the government, annual fees charged on receivers.

What is cross media?

In the media industry cross-media is a term, which is explained as something that often includes the many distributions of content. For example;

1. Music
2. Text
3. Pictures
4. video

What are independents?

Independents in the media industries can be the television, newspapers or internet that are free from influence by the government, and corporate interest.

What are conglomerates?

Media conglomerates are spread out across the different media industries. There media groups and companies, which own large numbers of companies within the mass media - here is some example of the different mass media's;

1. Television 
2. Internet
3. Publishing
4. Movies

Vertical Integration - 

Vertical Integration, is the process, which a media institute or conglomerate, owns several companies in different production stages and supply chain.

THE DARK KNIGHT (BATMAN)

Vertical Integration for The Dark Knight (Batman).

The Dark night was originally made by the Warner Brother Studies. Production companies legendary pictures/DC Entertainment/Syncopy Inc.

Horizontal Integration - 

Horizontal integration is a strategy, which a company creates or acquire production units for outputs that are alike, and these can be from being a complementary or a competitive. For an example, horizontal integration can be when a company acquires competitive in the same industry and work on the same stage of production for creating a monopoly.

Horizontal Integration for Disney.

Horizontal Integration for Disney is the companies they have bought so they can make your money; for example, Profits. Some of the companies Disney has bought out are;

• Lucas-films Ltd
• Marvel Studios
• Distribution

Rupert Murdoch - 

Rupert Murdoch was born on March 11, 1931 in Melbourne, Australia and owns some famous organisations like; News Corporation, 21st Century Fox and Sky etc. 

In 1963 Murdoch had finally owned a news organisation which was valued closely at $50 million. Then next in his career he expanded on his news empire in the United Kingdom alongside with the acquisition of Texas-based tabloid.

When he had finished building his companies in Australia and England he then decided to set up and expanded across the country, where he would then found a national tabloid, the star, in 1979.

Within these years he was only onto expanding all of his media companies in his media empire mainly in television and entertainment. Then later that year he bought 20th Century FOX film Corporation and also other several independent television stations.

Net Worth - 

Through all of his career Murdoch made around 12.4 billion from (1956 - present)