Technological Convergence and Media Ownership
Media concentration has actually reduced choice rather than increased it since the 2000s. Just a handful of massive companies like Meta, Alphabet, and Amazon now control most of what you consume across multiple platforms.
Vertical integration means companies like Time Warner control everything from production to distribution - they make the films, own the cinemas, and run the streaming services. Meanwhile, horizontal integration sees giants like News Corp owning newspapers, magazines, TV channels, and book publishers across different countries.
Synergy is the key profit strategy here. Think about how Disney creates a film franchise, then sells merchandise, builds theme park attractions, and develops spin-off TV series. It's all about maximising profits from every angle of the business.
Quick Reality Check: When you think you're choosing between different news sources or entertainment platforms, you're often just picking between products from the same few mega-corporations.
































