ch 3: media economics
TRANSCRIPT
Chapter 3: Media Economics
What do you think about the chapter’s
assertion...
Most media behavior
can be explained by
economics.
What is capitalism?An economic system with private
owners operating trade and industry
for profit.
How do media companies
make money?
Advertising
Sales to Consumers
Investors can make huge amounts of money by investing in unproven
media ventures.
PayPal
Amazon
Investors can make huge amounts of money by investing in unproven
media ventures.
PayPal
Amazon
Media ConglomeratesGood... Or Bad?
Comcast / NBC
Disney / ABC
Time / Warner
Does media ownership affect media output?
Who owns the radio you listen to for information and news?
WSM - Nashville
We Shield MillionsNational Life & Accident Co.
Who owns the radio you listen to for information and news?
KVOOThe Voice Of Oklahoma
Who owns the radio you listen to for information and news?
KRMG - Tulsa
Kerr-McGeeOklahoma Energy Company
Who owns the radio you listen to for information and news?
K J I R - Hannibal, MO
King Jesus Is Returning