mpc making money

21
Coyau / Wikimedia Commons / CC-BY-SA-3.0 Making money MEDIA, POWER AND CULTURE

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Coya

u/

Wik

imedia

Com

mons

/C

C-B

Y-S

A-3

.0

Making money

MEDIA, POWER AND CULTURE

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What can you sell?

• Product

• Service

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Media products

• Newspaper, magazine, book

• Record, CD

• VCR tape, DVD

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Media services

• Entertainment

• Information

• A service captured in a medium = content

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Media issues

• The product is only a medium for the

service

• The product makes the service reusable

• The medium is no longer a product

• The service (content) is not fully

consumed

MEDIA COSTS

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Content

• Information or entertainment

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Content generation

• Generated in house

• Generated elsewhere at a cost

• Provided by source

• Provided by volunteers

• Human aggregation

• Computer-mediated aggregation

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Production

• Manipulation of content to suit production

needs

• Operation and maintenance of production

hardware and software

• Archiving of content

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Distribution

• Delivery of product from production to

audience

MEDIA REVENUES

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Sources

• Audience

• Subsidies

• Advertising

• Merchandising

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Audience

• Purchase / per use

• Purchase / subscription

• Donate / one-time

• Donate / sponsor

• Indirect / data

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Subsidies

• Political

• Vanity

• Commercial

• Civic

• Organizational

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Advertising

• Persuasion

• Recognition

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Merchandising

• Branded

• Exclusive content or special access

• Recommendations

• Events

MEDIA PROBLEMS

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Only a medium

• Only as valuable as the content it contains

• Can become obsolete

• Content can be separated from medium

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Reusable

• Repetition lowers the perceived value

• Reuse divorces size of audience from

revenues received

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No more product

• No point of sale

• Service without personal contact

• Technology may allow for unlimited reuse

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Incomplete consumption

• Lowering of perceived value

• Increased motivation to divorce content

from medium