Wednesday, September 29, 2010

How has conglomeration changed the movie and television industry?

Conglomeration has changed the movie and television industry by creating a media that is largely monopolized by main corporations. These corporations are called the ‘Big Six’ (Paramount, Disney, Columbia, 20th Century Fox, Universal and Warner’s) and started off as smaller companies that slowly grew by out-buying others and making connections. The big companies that controlled the media in the 1920’s were said to be part of a ‘Studio System’ that basically meant a select few companies produced, distributed and exhibited movies. Back in the day, as Melissa said before me, they had an oligarchic control on the media being put out. Having ‘oligarchic control’ means that there is a tight system of political control and guidance by a select few amount of people. The biggest two names in the industry that have been stressed in the book Paramount and Disney. These two companies started roughly around the same time in the early 1900’s and both grew from small, struggling companies to be where they are in the current market, two of the biggest most competitive players out there. As a result of each conglomeration, these companies have grown to be some of most widely-known and respected companies in the movie and television industry.

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