Media, Information and Technoculture 2153A/B Lecture Notes - Lecture 9: Culture Industry, Autonomous Space, Affective Labor
Document Summary
Conglomerates: large companies with diverse (often non-media) interests. They happen all over the capitalist field of operations, exist in all sorts of industries. Conglomeration took hold following the 1970"s with the rise of globalization. Vertical integration: control over all stages of creation, production, distribution. Major companies have sway in the way that they organize the production and dissemination of cultural artifacts and affect the way they are consumed. Oligopoly: rule by the few (ex: hollywood in the 1930s & 40s, recording industry 1960s) A state of limited competition in which a market is shared by a small number of producers and sellers. Cross media ownership (consolidation): ownership of a variety of information channels (print, visual, new media, etc. ) All create issues with regards to media diversity, diversity of view, consolidation of class power, labour relations, and so forth. A contradiction happens beginning in the 20th century.