USC What Are the Major Concerns and Criticisms of Media Oligopolies Essay

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1.What are the major concerns and/or criticisms of media oligopolies, media consolidation, media convergence, and/or strategies for increasing revenue, growth, and market share (i.e., vertical, horizontal, and diversification)? Be sure to cover industry worries, government issues, and global consequences.2.What influence or role is social media/and or the internet having on media industries (you can focus on industries we’ve covered so far)? You can address any areas that you find most important here: societal concerns and issues, diversity, economics, media content, etc. However, to receive full credit, you must include terms, concepts, and examples from the chapters and media industries we have covered.


for 1 and 2 I need 2 paragraphs for each question


  • 3.Rating/share – What are their definitions? How do they differ? Use an example to show how they can be used to make programming decisions.
  • 4.Choose one or the other, sitcom or drama. List, define, and provide an example of each type of sitcom or drama listed.



For 3 and 4 use bullet points can be used

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Here you go. In case of any further inputs please let me know!All the best!I appreciate working with you!

Running head: MEDIA DISCUSSION

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Media
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MEDIA DISCUSSION

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Media Discussion

Question 1
The concentration of media ownership has been criticized over time due to different
factors that have led to the fall of the media industry. Media oligopolies have become popular, as
they concern one media house becoming famous, and taking up the market over other small
media houses. As much as these media houses may be making profit, this type of development
has been faced with a lot of criticism mind adverse outcomes (Campbell et al., 2014). Firstly, it
results in few voices in the media being heard and complaints getting to the public.
Also, it leads to less diverse opinions in getting to the general public, which slows the
development of the media industry in general. In terms of competition, media convergences kill
market-based competition, which results in less inno...


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