Private Ownership:
Not owned by the government
Shareholders decide on media/actions
Person or small group of people
Company or shareholders
Virgin Media: sells advertising space, makes £ named
‘commercial station’
Private ownership is a company that is owned by the founder
of the company or shareholders (example Rupert Murdoch owns 39.1% of BskyB),
private companies make their money via advertising their products (example,
Virgin will advertise their products like satellite TV, broadband, trains
etc…).
The private companies are also not owned by the government,
which means only the board of directors in the company make the decisions.
Public Company:
Public can invest
Selling commercial space on local radio or local TV (local
business or family companies)
Preston FM sells local commercial advertising space, public
investors, local news, events and local interests = £
PSB (Public Service
Broadcast):
BBC funded by tv license
By general public buying TV licenses, BBC gains funding
Due to this funding BBC can buy programmes.
As everyone should pay for the TV licenses then the BBC has
to broadcast programmes to cater for everyone’s likes.
Have to broadcast ‘quality’ programmes on the TV to meet the
demands of it’s investors (general public)
Influences general public cannot be biased.
Multinational
Ownership:
A multinational company is a company that will own smaller
companies. For example, Sony owns Tristar Pictures, Columbia Pictures and
Universal Pictures.
Creates media texts for films, tv shows etc… and then sells
off to broadcasters across the world.
Not broadcasters themselves.
Sony owns DVDs, CDs, broadband etc…
Independent:
Not public, government or corporate owned
Commercial company or privately owned.
Example asda.fm, mcdonalds.fm
Independent broadcast media is popular in America
Content for all broadcasters: PEGI, FCC, OfCom.
Youtube.com is full of podcasters and independent
broadcasters.
Conglomerate Media
Ownership:
Loads of companies come together to make one big company. For
example the mobile network EE is made up of Orange, T-Mobile and AT&T.
ITV is made up of LWT, Anglia TV, Tyne Tees TV, Meridian TV,
Thames Valley, Carlton, GMTV along with other companies.
