The big 6 conglomerate

Sam Summerson

Conglomerate = a combination of companies that fall under one corporate group. 

Rubert Murdoch = Founder, chairman + CEO Global media. 

Ownership means something belongs to you. Ownership matters because of various of reasons -

- profit/money

- reputation

- name

- status

- competition

- credits

Next years note = analysing where the money goes and what impact it has.

Ownership such as the BBC is ran by the government so it must include things such as educational content. Where as Netflix and love film are privately owned and can have a wider range of their own content. 

My resource of the big 6 conglomerate corporations control.

http://www.businessinsider.com/these-6-corporations-control-90-of-the-media-in-america-2012-6

The big 6 studios who own a staggering 90% of what we read, watch and listen to. They are many possible outcomes which possibly could give of a mutual, positive or negative result. However in 1983 the percentage remained the same 90%  of ownership, but had 50 companies who were involved. In 2011 as you know the companies had decreased so rapidly its down to 6 companies. The negative for this could be that its restrictions within the 6 companies could be more restricted to what we see, read and listen to where as if it were 50 company's involved it may not be as restricted. However as an advantage restriction may not be such as bad thing mainly for children who watch, read and listen to the media on a daily basses. Although the media now in my opinion is neither an advantage or negative, but mutual. Only because media doesn't give an a advantage or a disadvantage for audience now-a-days. Generations are growing, Opinions are changing, Interests are different so media must change in order to remain a reliable entertainment source. 

Graph;

**Too be loaded**

Big 6 ownership;

Ownership of individual companies; 

What is subsidiary - Little companies owned by the bigger companies.

What is Monopoly - Where one company owns the majority of a specific market.

What is oligopoly - Is another form of market, when a few companies own a majority of a market. For example the Conglomerate.

Models Of Ownership

Vertical ownership and horizontal ownership is how they are they run.

Vertical ownership (vertically integrated) own Every aspect of a creative idea. Full control of post production etc. For example Disney and sony.

- Getting more idea's within the company may be more difficult. 

Advantages

• Full ownership
• profit
• Comunication 

       

Horizontal Ownership means that the idea will move through out other companies for example someone else had wrote a script for that idea. 

- could potentially get better idea's within other companies.

Funding

Public vs Private

Lovefilm - Private (optional) Supplied Subscription 

Netflix  - Private (optional) -^

BBC      - Public  (legal requirement)

SKY      - Public  ( )

TV and film have many revenue Streams.

Revenue Streams - Adverts

Product placement - will pay to have a product to be placed in a film or show for example X-FACTOR. 

To make money:

• Licence Fee
• Subscription
• Pay Per View
• Sponser-ship
• Advertising
• Product Placement
• Merchandising
• Private Capital 

Resources

Audience figures - Barb