CS101 Lecture Notes - Lecture 3: Horizontal Integration, Vertical Integration, Oligopoly
Document Summary
This distinction, though ubiquitous, is not accurate or useful. Critical work can be empirical and still draw on theory. Critical work can focus on specific issues, even for specific institutions. In other words, the boundaries are blurry and should be. Concentration: when multiple media outlets have the same owner. Convergence: when media companies specializing in different forms of media come together to take advantage of presumed synergies enabled by digitalization/ digital content. Consolidation: what businesses call these processes (cid:862)co(cid:374)ce(cid:374)tratio(cid:374)(cid:863) a(cid:374)d (cid:862)co(cid:374)(cid:448)erge(cid:374)ce(cid:863) are (cid:373)ore specific a(cid:374)d, i(cid:373)porta(cid:374)tly (cid:373)ore (cid:862)critical(cid:863) Why we care about these ideas (cid:862)(cid:373)arketplace of ideas. Ca(cid:374)ada"s (cid:373)edia i(cid:374)dustry is large, (cid:374)ot s(cid:373)all. 8th largest in the world, just behind italy and ahead of south korea and spain. There is public media in canada and private media. A small handful of companies control almost all private media in canada:
