Media concentration occurs when one company owns many different media sources, especially news sources. One such corporation is CTVglobemedia, which owns, among other companies, CTV Calgary, Energy 101.5, The Globe and Mail, and Canadian Idol.
Some believe that media concentration is beneficial because it encourages the more efficient news agencies to spread their business models. Others say that it is detrimental because these corporations then show the same stories – and viewpoints – at each source, reducing the diversity of viewpoints. This effect is also compounded by media convergence, because this encourages sources, even those not owned by the same corporation, to show the same or similar content.
Some negative effects of media concentration would be it can be focused to much on one factor and will not talk about other news as important. Sometimes it can give off a bias tone. It can also be a called a conglomerate, killing small businessess, lowering diversity in opinions and competition. www.globalissues.org http://archives.cbc.ca
Some believe that media concentration is beneficial because it encourages the more efficient news agencies to spread their business models. Others say that it is detrimental because these corporations then show the same stories – and viewpoints – at each source, reducing the diversity of viewpoints. This effect is also compounded by media convergence, because this encourages sources, even those not owned by the same corporation, to show the same or similar content.
Sources
http://www.ctvglobemedia.com/en/“Exploring Globalization” McGraw-Hill Ryerson, pg. 49, 73
Some negative effects of media concentration would be it can be focused to much on one factor and will not talk about other news as important. Sometimes it can give off a bias tone. It can also be a called a conglomerate, killing small businessess, lowering diversity in opinions and competition.
www.globalissues.org
http://archives.cbc.ca