Patterns of ownership and control
Overview of Patterns of Ownership and Control
- Patterns of ownership and control relate to who owns and controls media corporations and consequently, content production, distribution, and exhibition.
- High concentration of control often lies with a small number of large corporations which can influence the way films are made and distributed.
- The media landscape in Wales and Hollywood is shaped by powerful production companies and broadcasting organisations.
Analysis of Patterns of Ownership and Control
- There is a significant emphasis on corporate conglomerates in Hollywood, such as Disney, Warner Bros., and 20th Century Fox. These corporations have diversified holdings across different media types.
- They have ownership of film studios, television networks, theme parks, and merchandise, thereby reinforcing their control and reach.
- Control patterns often reveal vertical integration wherein corporations control all stages of production, distribution, and exhibition.
- In comparison, Wales has a mix of public service broadcasters like BBC Cymru Wales, commercial broadcasters, and independent production companies.
Implications of Ownership and Control
- Ownership and control dictate many aspects such as budget allocation, creative decisions, and wider business strategies.
- It also influences the representation of Wales in media, cultural diversity, and the range of voices available in the media landscape.
- Conglomerates follow the profit maximisation strategy, and there’s a tendency to produce mainstream,
high-concept
films because of their broad appeal and sure-shot profitability. - Local, regional broadcasters and production companies in Wales provide a platform for Welsh language content, reflecting on identity and cultural nuances.
Case Study: S4C
- S4C, a Welsh television channel, is a key example of public sector broadcasting in Wales. It is funded by the UK Department for Digital, Culture, Media and Sport and the BBC.
- It plays a crucial role in providing a platform for Welsh language content, ensuring the representation of Welsh culture and identity in media.
- The channel exhibits a different pattern of control than Hollywood conglomerates, focusing more on public service than profit.
Conclusion
- Understanding the patterns of ownership and control provides insights into the influence, motives, and strategies of media corporations.
- There is a stark contrast in the ownership patterns between Hollywood and Wales, reflecting the commercial orientations versus public service motives respectively.
- These patterns also significantly impact the content diversity, representation, and the media landscape at large.