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the media industry

owen's work

stuart parrott

on 23 May 2013

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Transcript of the media industry

The media industry OK the media industry is like a big spider's web, everybody and everything, in fact, is connected to each other. There are many strands weaved together, obviously all of which originated from one strand to begin with. So here is my explanation of this spider's web to you dear reader. By the way you are probably thinking why i didn't use a spider web template, but prezi does not have a spiders web template. There was a tree though... with branches... signifying the companies' reach... hhhmmmm... i should of picked the tree... oh well, the map will have to make do. Here we go... the media industry is made up of big companies and small companies. The big companies are of course on top, these are the most popular companies with considerably more money than the smaller ones. The smaller ones on the other hand are other owned by one of these big companies or they stand on their own two feet and run their business independently, so these companies would be called indie.

The big companies are called a conglomerate and of course the smaller companies are called indie companies. For example, in the film industry a conglomerate would be 'Universal studios' and an Indie company would be the 'Independent film company', who have made such films as 'Mr Nice' and 'We need to talk about Kevin'. By the way you should probably know the types of media in the media industry before i go any further...
Publishing, i.e. Books, magazines, newpapers etc.
The internet
Radio Here are some terms that you should know also...
vertical integration, this is when a conglomerate company owns many subsidiary companies and then those subsidiaries have their subsidiaries and so on. For example, Comcast and NBC Universal own Universal studios, who then own many subsidiary companies as well.
horizontal integration, this is when one conglomerates buys out another. For example, When Disney bought Lucas film.
Media convergence, this is when two or more types of media come together. For example, a film company such as Universal studios would have their own website, www.universalstudios.com.
Synergy, This is when different elements of a company work together to promote related products. So for example, If Universal made a film they would promote the soundtrack to that movie that one of their companies had made.
Concentration of media ownership, this is the process by which an increasingly smaller number of companies own most media outlets. For example, The magazine company Haymarket media just owns magazines. Therefore they control most of the magazine market.
Cross media ownership, a company that produces two or more types of media. For example, Bauer Media produce magazines, TV channels and Radio stations.
Conglomerate, a large parent company which owns a range of smaller companies. For example, Universal studios owns many subsidiary film companies.
Subsidiary, Smaller companies owned by parent companies. For example, working title films are owned by Universal studios.
oligopoly, when the market is dominated by a small number of companies. To help explain how the industry works here is my little map to help explain how much of a spiders web this really is. The film Industry explained Universal studios

Universal studios is a motion picture studio based in America and it is one of the six major movie studios. It is one of the longest-lived motion picture studios to be located outside of Hollywood. As well as Comcast it is also owned by NBC Universal. The company's headquarters are in Universal city in California.
•It was founded in April 30, 1912 by Carl Laemmle, Pat Powers, Mark Dintenfass, William Swanson, David Horsley, Charles Baumann, Adam Kessel, Jules Brulatour.
•NBC Universal, general electric and Comcast. The president of Universal studios is Ronald Meyer.
•It is an American motion picture studio and makes and produces movies.
•Their main rivals are 20th century fox, Waner bros, Paramount, Disney and columbia pictures. Universal studios' Subsidary companies are focus features, Universal television, Universal studios home entertainment, Universal parks and resorts, Working title films, illumination entertainment, Universal animation studios.
•What is their global reach? world wide
•Their products are motion pictures. Comcast Universal studios is a motion picture studio based in America and it is one of the six major movie studios. It is one of the longest-lived motion picture studios to be located outside of Hollywood. As well as Comcast it is also owned by NBC Universal. The company's headquarters are in Universal city in California. •It was founded in April 30, 1912 by Carl Laemmle, Pat Powers, Mark Dintenfass, William Swanson, David Horsley, Charles Baumann, Adam Kessel, Jules Brulatour.
•NBC Universal, general electric and Comcast. The president of Universal studios is Ronald Meyer.
•It is an American motion picture studio and makes and produces movies.
•Their main rivals are 20th century fox, Waner bros, Paramount, Disney and columbia pictures. Universal studios' Subsidary companies are focus features, Universal television, Universal studios home entertainment, Universal parks and resorts, Working title films, illumination entertainment, Universal animation studios.
•What is their global reach? world wide
•Their products are motion pictures. NBC Universal NBC Universal is a media and entertainment company that are involved in the production and marketing of entertainment, news and services to global customers. They are based in America and their headquarters are in New York. They own and operate American television networks, a number of cable channels, and a group of local stations in the United States. They of course also owns motion picture companies, several television production companies, and branded theme parks. •They were founded in 2004
•They are owned by Comcast and General Electric, but Comcast owns the biggest stake of the company.
•They market and produce TV shows, Films. Mainly entertainment focused.
•They own many subsidiary companies. Such as Universal studios, Universal parks and resorts, Focus features, USA Network, Bravo and many more.
•Their reach is global.
•They make TV shows and Films
•Their annual turnover is $3.769 Billion Universal Television – Their main focus is on television production. They produce many American TV shows, and account for most of NBC's Prime time shows. Universal television is a subsidiary company of NBC universal. Basically Universal Television Produce some of NBC's shows. They were founded by in 1950 as Revue productions and they were then bought by NBC in 2004. So they then became Universal television. Their headquarters is in Universal city in California. These are the subsidiary companies for Universal studios, Comcast and NBC Universal. All of which have their headquarters here in Universal city, California. Universal Studios Home Entertainment - Basically they are in charge with the distribution of the DVDs and Blue rays for Universal studios' films. The company is of course owned by NBC Universal and Comcast. They are also the US video distributor for Summit Entertainment releases and Open Road Films releases. Universal Parks & Resorts - Universal parks and resorts is a division of NBCUniversal and a subsidiary of Comcast. Both NBC universal and Universal Parks & resorts are responsible for the operation and maintenance of the various Universal Studios resort properties around the world. Their headquarters are in Orlando, Florida. They have been increasingly popular ever since its opening, but In 2011 approximately 30.8 million guests visited the Universal Studios theme parks. This makes it the third-largest amusement park operator in the world. Their revenue is $1.989 Billion. Focus Features - Focus Features is a Subsidiary company of Universal Studios and a division of both NBC Universal and Comcast. Focus Features both produce and distribute its own films and a also distribute foreign films too. They were founded in 1992 originally as Gramercy pictures, but then the company that sold the studio, Vivendi, sold it to Comcast to help form NBC Universal, which then created Focus features in 2002. Their headquarters are in Universal City, California. Universal studios help distribute their films wold wide.
They have made such films as Broke back Mountain and burn after reading Working Title Films - Working title films was founded is a British film production company. Working title was founded by producer Tim Bevan and producer Sarah Radclyffe in 1983. It basically produces feature films and several television productions. It's headquaters is in London. They also co-produce film with Focus features.
In 1992, PolyGram, a film studio, became the company's corporate backer. That same year Sarah Radclyffe left Working Title. Only for Eric Fellner, another independent film producer, joined the company. Tim Bevan and Eric Fellner are now the co-owners of the company.
Little did they know PolyGram Films very quickly became a major Hollywood competitor. However, In 1999 PolyGram Films was sold and folded into Universal Studios in 1999. So Working title films is therefore now a subsidiary of Universal studios, NBC universal and Comcast.
The company also has other offices located in Los Angeles, and Ireland.
Recently, Working title Decided to launch a TV division. Working Title Television is now a joint venture with NBCUniversal and will be based in London and Los Angeles.
They have produced such films as tinker tailor soldier spy and les miserables.
Illumination Entertainment - This is an American film production company, founded by Chris Meledandri in 2007. He left his post as president of 20th century fox animation that same year, after leaving he then found Illumination entertainment. It is a subsidiary company of Universal Studios.

The company has an exclusive financing and distribution partnership with Universal Studios and it is based in Santa Monica, California. The company is best known for its 2010 animated feature Despicable Me, which was the first film by the company. This is also an example of vertical integration with conglomerates, it is also an example of media convergence. As Universal studios, a big film making studio, also make TV shows too. This is two types of media coming together. Independent Film Company
Independent film company develops, finances, produces and distributes indie feature films. It was founded by the CEO Luc Roeg. They have produced such films as Mr Nice and We need to talk about Kevin. They are so independent that their own website doesn't even reveal that much about them. The magazine industry
Four four two magazine - it is a monthly football magazine that looks at upcoming football events and previous events. They cover UK and european football news in general.
Four four two is made by Haymarket consumer media

•It was founded in the 1950s
•they Provide Magazines
•Their reach is across the UK and Europe.
•their products are magazines

Haymarket consumer media - (this is from Haymarket consumer media's website and it is their description of themselves) We're quietly proud of the number of market-leading consumer magazines and websites produced by Haymarket Consumer Media. Perhaps the most significant contribution to their success is made by the quality of our people. As a company, we're fixated in employing only the best editorial, commercial and publishing minds - individuals who will never settle for 'good enough'. Our sales teams are specialists in their markets: they instinctively know the best way to reach our audiences (in many cases, because they share that audience's interests). A Haymarket consumer magazine will be lively, intelligent, beautifully made and enthusiastic. You can trust that it is written and edited by professionals who will strive to bring you the truth, and by designers who are driven by the story.

In summary Haymarket media make a number of Magazines such as four four two, autocar and F1 racing. They are an independent company. They were founded in 1957. Their current chairman is Rupert Heseltine. These magazine companies are a concentration of media ownership because here we have a number of companies own most media outlets. Bauer media group

another magazine company... Bauer Media group - The Bauer Media is a division of the Bauer Media Group, Europe’s largest privately owned publishing Group. The Group is a worldwide media empire that offers over 300 magazines in 15 countries, as well as numerous websites, TV and radio stations. They own media brands such as FHM, Kiss 100, Kerrang, Empire and MATCH. Their TV channels consist of 4 music and 80s television and many more. Their radio stations consist of smash hits, Mojo and kiss and many more. Their first magazine was published in 1954. Bauer Media is a sister company of H Bauer Publishing, publisher of the UK's biggest TV listings, Take a Break and Bella.

It was founded in 1875
•It is privately owned by the Bauer Family
•They provide entertainment across Europe, USA and China.
•Box television and Bauer radio are their subsidiaries
•the reach goes as far as the USA, Europe and China
•Their products are Magazines, radio and TV stations.
•their annual turnover was 1.129 Billion euros The gaming industry Small company Rovio Entertainment Ltd

Rovio is a small independent games development company which is close corporation and is a privately held company
The company was founded in 2003 as a mobile game development studio named Relude, and in 2005 renamed as Rovio
The company is best known for its video game Angry Birds
the company was founded by three men (Niklas Hed, Jarno Väkeväinen, and Kim Dikert) in 2003 when they enter there first ever game King of the Cabbage World into a small mobile game development competition
the biggest owner now of the company at 70% is Kaj Hed
the faction and services the company provide is to make video games for the general public, to date the company have made 46 games most for the mobile phone platform
the companies doesn't own any other company and doesn't have any big rivals because they are one of the biggest game companies in the mobile world
the company Employees 300 people (2011) and a turn over of 75.4 million (2011) Large gaming industry Electronic arts Electronic Arts, Inc

Electronic Arts, Inc. (EA) is an American developer, marketer, publisher and distributor of video games they are one of the largest gaming companies in the world
the company was a pioneer of the early home computer games
the company was found by a man called Trip Hawkins on May 28, 1982 after he left apple.inc to make his own company
they developer, marketer, publisher and distributor video games unlike Rovio which just develops them.
EA are a massive company with many other companies under there name some that are theirs and some that they have brought and All of EA's labels and studios are overseen by CEO John Riccitiello , there is 26 different company in side EA
they made many franchises over the last 31 years, some of the biggest are Battlefield, Need for Speed, The Sims as well as newer franchises such as Dead Space, Mass Effect, Dragon Age
they have over 9,225 (2012) employees and they have turnover of $4.143 billion (2012) the television industry Small industry Dave TV

Dave is a television station broadcasting in the United Kingdom and Ireland owned by UKTV (UKTV is a digital cable and satellite television network, formed through a joint venture between BBC Worldwide)
The channel is available on cable, Freeview and some satellite platforms
The channel took the name Dave in October 2007 before this it was named UK Gold Classics
the station was Launched on October 1998 but UKTV was Founded on 1 November 1992
Sister channels Alibi, Blighty, Eden Gold, Good Food, Home, Really Watch Yesterday A television conglomerate BBC

The British Broadcasting Corporation is a British public service broadcasting corporation. Its main responsibility is to provide impartial public service broadcasting in the United Kingdom
It is the largest broadcaster in the world by number of employees
the company was founded on 18 October 1922 by two men (John ReithGeorge Villiers)
the BBC doesn't have one owner it is a Publicly owned company or in other word the Crown own it.
bbc doesn't really have any rivals because it not around to make money, it paid for by the public as the TV licence
the bbc has many different groups : Television, radio, internet and film
as well the bcc had many different departments in side this groups Television, Radio, BBC Online, Red Button, Orchestras & Singers, Research and Development, Digital Switchover, Licence fee collection, Restructuring, Property.
the bbc has 23,000 (2011/12) employees and makes £5.086 billion (2011/12) The music industry Sony music entertainment
a large company Founded in 1929, originally named American Record Corporation. The name changed a few times until it became known as Sony Music Entertainment in 2008.
Doug Morris is the CEO of Son Music Entertainment, a  subsidiary of Sony, which is owned by Kazuo Hirai.
It is the world’s second largest record company.
Competitors: Universal Music Group Inc. and Warner Music Group Corp.
The Flagship labels they own are: Columbia Records, RCA Records and Epic Records.
Global Reach: World Wide
They discovering and promote bands, they also distribute their music.
Turnover: $5,672,000,000 (2010)
Mission Statement: Sony Music Entertainment does not have a mission statement, but Sony themselves do have one. It is "Sony is committed to developing a wide range of innovative products and multimedia services that challenge the way consumers access and enjoy digital entertainment. By ensuring synergy between business within the organisation, Sony is constantly striving to create exciting new worlds of entertainment that can be experienced on a variety of different products." Factory records
a small company Founded in 1978 by Tony Wilson, Alan Erasmus, Peter Saville and Martin Hannett, the office being set up in Erasmus' flat
Bankruptcy was declared in 1992
Factory Records was an independent record label, discovering and promoting bands, also distributing their music.
In late 1980, Factory Records branched out, with Factory Benelux being run as an independent label in conjuntion with Les Disques du Crepuscule, an independent Belgian record label.
Another independent record label in Manchester was Rabid Records, a fairly successful punk label.
Global Reach: UK and US The radio industry A big radio company The British Broadcasting Company Ltd was a British commercial company formed on 18th October 1922 by British and American electrical companies doing business in the United Kingdom, licensed by the British General Post Office. On 14th December 1922, John Reith was hired to become the Managing Director of the company. On 31st  December 1926, the company was dissolved,its assets transferred to the non-commercial and Crown Chartered British Broadcasting Corporation. Their services and function, Radio Broadcasting.
No other broadcasting organisation was licensed in the UK until 1973, however commercial competition opened up from overseas. The commercial competitors were mostly represented by the International Broadcasting Company. Global Reach: World-wide.

The parent company, The BBC has the mission statement “To enrich people’s lives with programmes and services that inform, educate and entertain.”

The BBC is a non-commercial business, as is BBC Radio. A smaller radio company Eagle radio Eagle radio was founded in 1996, on the 4th January.
It is owned by the UKRD Group, the Programme Director is Peter Gordon
In its broadcast area, its listenership outstrips London rivals like Capital 95.8 and Heart, relying on local news and travel information. Eagle Radio has a sister station covering the same broadcast area, Eagle Extra, which plays a greater variety of classic pop and rock songs.
The station is based in Guildford and broadcasts across Surrey and Hampshire.
The station is mainly aimed at a family audience with chart songs being played frequently. There is also a mix of older songs from the 70s, 80s, 90s and 00s. 
Eagle Radio broadcasts music, news and travel information. It also provides a means of advertising for local companies. THE END This is an example of Synergy as there are two different elements of a company working together to promote related products. So universal studios make the films and then help universal studios home and entertainment promote the films that have been made. This is an example of cross media ownership as the bauer media group produce more than one type of media. This is also an example of oligoply. As this market is dominated by a small number of companies and they are bauer media group and Haymarket consumer media.
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