CRAIL Introduction - Industry Search Trends - 2025
Google searches 2025
Shopping websites, entertainment (games, music, tv streaming sites), social media
New media - media created by us, shared with eachother (youtube, spotify)
Traditional media - media presented to us by one source, we dont control it (Fox News, ESPN)
Clay Shirky
Suggests there is no longer an audience in the traditional sense of the world
Instead of being dictated to by big media companies
Modern audiences are embracing new media through the inetrnet to create identities and to be entertained
New media audiences are not passive, but active cosnumers who want to engage with their media The idea of a prosumer - one who both produces and consumes media, is a new way of consuming media through the internet.
Disney
Conglomerate - Business corporation formed by purchase of other businesses
Global Conglomerate - As above, with businesses in more than one country
Horizontal vs Vertical Integration
David Hesmondhalgh
Hesmondhalgh argues that cultural industries follow the normal capitalist pattern of concentration and integration
Horizontal integration - when a company buys rivals
Vertical integration - when a company buys other companies that do a part of its business
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