Advantages And Disadvantages Of Tv Ownership - 1839 Words

Ownership ITV is a very popular TV network in the UK, and as we know it is privately owned by multiple shareholders. It was formed after a merger of Carlton and Granada. As ITV is owned privately it has to rely on paid advertisements to get funding which then they can spend that money to better the quality of the network. †¢ Pros – This can be good for the company as they are free to produce media as and when they like, and are completely free to own the business. †¢ Cons – Privately owned companies are unable to issue shares to the public. Public media service The BBC is a prime example of a type of public service media. The BBC is not privately owned and gets money from the government through a†¦show more content†¦Independent An independent media company is a company that is free of influence from the government or corporate interests. This allows the company to produce a wide range of content that is not bias to a government party or large company. The media welcomes companies such as these as they offer a different opinion that interests many. For example, Film Four †¢ Pros - This this good for the company as they are not restricted and have full control of the company. †¢ Cons-It is not very safe for the company as they do not have the support of a large organization. Conglomerate A media conglomerate is a large company that owns many other companies that provide a similar service. For example: Disney is one of the biggest media conglomerates in the world, founded by Roy and Walt Disney in 1923 it started as an animation company and grew to have areas in almost every possible media related area ever. It now owns some of the biggest TV networks in the world including: ABC and ESPN. Pros - It increases the customer base of the company so it allows the conglomerate to be able to cross sell its products. Cons - Management cost increases as the company grows larger and larger. Vertical and Horizontal Integration Vertical integration is when a company owns different media companies in the same chain of production. a good example of this is apple. This is very beneficial to a company as it gives it 100% control ofShow MoreRelatedThe New Business Model Go After Sprint Purchased Radioshack1214 Words   |  5 PagesOur research for RadioShack consisted mainly of studying the RadioShack history, why would it goes bankrupt in 2015, advantages and disadvantages of RadioShack comparing to Amazon, the local RadioShack business in Purdue and how would the new business model go after sprint purchased RadioShack. We found these information and studies for RadioShack are important because they can help audiences to insight RadioShack and understand why would it goes bankrupt. RadioShack Corporation is an American wirelessRead MoreThe History of Advertising and Advantages and Disadvantages of Modern Advertising Techniques1744 Words   |  7 Pagespart of our daily life. 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