Rather, I tried to indicate key moments that had an impact on the contemporary or future relations between the two nations.
Mergers[ edit ] Media mergers are a result of one media related company buying another company for control of their resources in order to increase revenues and viewership.
As information and entertainment become a major part of our culture, media companies have been creating ways to become more efficient in reaching viewers and turning a profit. Successful media companies usually buy out other companies to make them more powerful, profitable, and able to reach a larger viewing audience.
Media mergers have become more prevalent in recent years, which has people wondering about the negative effects that could be caused by media ownership becoming more concentrated. Such negative effects that could come into play are lack of competition and diversity as well as biased political views.
As they continue to eliminate their business competition through buyouts or forcing them out because they lack the resources or finances the companies left dominate the media industry and create a media oligopoly. Media integrity refers to the ability of a media outlet to serve the public interest and democratic processmaking it resilient to institutional corruption within the media system, economy of influence, conflicting dependence and political clientelism.
Such a situation enables excessive instrumentalisation of the media for particular political interests, which is subverting for the democratic role of the media. Elimination of net neutrality[ edit ] Net neutrality is also at stake when media mergers occur.
Net neutrality involves a lack of restrictions on content on the internet, however, with big businesses supporting campaigns financially they tend to have influence over political issues, which can translate into their mediums.
These big businesses that also have control over internet usage or the airwaves could possibly make the content available biased from their political stand point or they could restrict usage for conflicting political views, therefore eliminating net neutrality. Commercially driven, ultra-powerful mass market media is primarily loyal to sponsors, i.
Only a few companies representing the interests of a minority elite control the public airwaves. Healthy, market-based competition is absent, leading to slower innovation and increased prices.
Diversity of viewpoints[ edit ] It is important to elaborate upon the issue of media consolidation and its effect upon the diversity of information reaching a particular market.
Critics of consolidation raise the issue of whether monopolistic or oligopolistic control of a local media market can be fully accountable and dependable in serving the public interest. Freedom of the press and editorial independence[ edit ] On the local end, reporters have often seen their stories refused or edited beyond recognition.
An example would be the repeated refusal of networks to air "ads" from anti-war advocates to liberal groups like MoveOn. Journalists and their reports may be directly sponsored by parties who are the subject of their journalism leading to reports which actually favor the sponsor, have that appearance, or are simply a repetition of the sponsors opinion.
Concern among academia rests in the notion that the purpose of the First Amendment to the US constitution was to encourage a free press as political agitator evidenced by the famous quote from US President Thomas Jefferson"The only security of all is in a free press.
The force of public opinion cannot be resisted when permitted freely to be expressed. The agitation it produces must be submitted to.This paper analyzes the effects of ownership structure on corporate environmental performance and examines the relationship between financial performance .
The Effects of Corporate Ownership On Media Content “We are here to serve advertisers. That is our raison d’etre,” said the CEO of CBS.
Since the s, there have been a lot of corporate mergers and buyouts in the media and entertainment industry. 1. Introduction. Corporate governance, a phrase that a decade or two ago meant little to all but a handful of scholars and shareholders, has become a mainstream concern—a staple of discussion in corporate boardrooms, academic meetings, and policy circles around the globe.
We investigate the degree to which corporate governance and ownership affect the innovation performance of firms in China with a particular focus on privately owned SMEs.
We investigate the valuation effects related to corporate minority block purchases for a European sample of purchases over – We argue that corporate block ownership, as opposed to institutional or individual block ownership, has several unique characteristics and can create.
The comparison of firms with and without female directors suggests that firm characteristics can influence female representation on corporate boards.