Conglomerate:
They are large media companies, they are made up of segments they are called subsidiaries.
20th century fox
Fox, Fox Tv, Fox Home Entertainment, Sky News.
They own different media companies which create different media products.
They also have cross media ownership.
Advantages: competition, collaboration, synergy, more profits, mass audience, promotion and advertising more opportunities.
Vertical integration: is Made up of 3 steps these are Produce (make a product), Distribute (involves 2 things these are advertising and realise the product to the cinema shops web). Exchange money for a product.
Horizontal integration: allows a conglomerate to distribute their product on different platforms, (cinemas streaming services, Tv, radio, Newspapers, Games)
INDEPENDENT:
Smaller digital organisation
Not owned by a larger company/conglomerate
An example of this is warp fits, who made the film/TV programme(this is England)
Distribution is usually helped by a conglomerate. commonly work with another company to produce and Or distribute (warp and channel 4/Film Four).
They tend to specialise in one sort of media. they do not have subsidies. They struggle to distribute their product. they tend to work with a conglomerate to distribute. (joint venture). They tend to be niche. They tend to not have a large market.
Differences between conglomerates and Indies:
Conglomerates find it easier to distribute, they have subsidiaries and vertical integration as well as vertical intergration. They have a mass audience and cash vs a small audience and not 2 much cash. Subsidiaries vs needing a joint venture with a conglomerate. they only specialise in one kind of media. They have more infrastructure than nothing which is which is what the independent companies have to use to create their product.
one example of conglomerate companies
3 of their subsardaires
3 of their well known
1 independent
hw tv radio film print and publishing
video games
web
music
Public Service broadcaster:
BBC are the largest public broadcaster in the Uk. As well as ITV, Channel 4 and Channel 5. They license their service. BBC 1 is mass mainstream family audience. Channel 4 is more quirky and shows weirder programs. BBC is funded by the TV license.But how does the BBC similar to a conglomerate? The BBC is similar to a conglomerate is the way that the BBC has subsidiaries such as bcc iplayer and the bcc radio like a conglomerate meaning that although they have to stick to rules with adverts because of their tv license. Although the BBC makes a lot of money.
TV Radio Magazine Films. The BBC make all of these kind of products.
PRODUCTION PROCESS:
Pre production- planning stage of the product funding and ideas stage. Host DJ Co host
Production post - Editing the product all together to maker the final product. Editors Sound engineers Voiceovers
Production - making the physical assets and characters computer recording assets
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