Understanding structure and ownership in the creative media sector
In this online information guide i will share information about the structure and sizes of different media sectors. Within the creative media industry in the UK there are around 500,000 employees overall. This is added up through all sectors of media.(Wowbc.co.uk, 2016)
FILM
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193582/Creative_Industries_Mapping_Document_Publishing.pdf
(Online Vs. Print Publication)
https://twood95.wordpress.com/2011/11/25/structure-and-ownership-in-the-media-industries/
http://www.wikinvest.com/stock/Nexstar_Broadcasting_Group_(NXST)/Competition_Television_Industry
https://etd.ohiolink.edu/!etd.send_file?accession=osu1212779559&disposition=inline
http://www.ocr.org.uk/Images/139149-level-2-unit-13-interactive-media-production.pdf
http://www.wtb.wa.gov/Documents/NGAconferenceinteractivemedia.pdf
https://prezi.com/munaten1_hbe/interactive-media-industry/
http://ukie.org.uk/research
Hoovers.com, (2016). !company_name! | Revenue and Financial Reports. [online] Available at: http://www.hoovers.com/company-information/cs/revenue-financial.AARDMAN_ANIMATIONS_LIMITED.83676f96b7c7999a.html [Accessed 19 Jan. 2016].
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193572/Creative_Industries_Mapping_Document_Advertising.pdf
FILM
One sector of media is film. Film has different structures. The order of these is development, pre production, production, post production and distribution. The development stage is the first stage in which the ideas for the film are created, rights to books/plays are bought and the screenplay is written. The pre production stage is where the preparations are made for the shoot, the cast and crew are hired, locations are selected and sets are built. The Production stage is when the actual shooting of the film happens happens. After this is the post production stage where the images, sounds and visual effects of the recorded film are edited.The audio for the film is finalized. Lastly the distribution stage is when it is published for people to watch as in cinemas and DVD's are made and sold in shops. Film industries make their income through films. This could be the selling of DVD's or Blue-rays. It could also be through the box office returns. meaning how many people pay to watch the film in the first few days of it arriving in cinemas. Aardman productions is an example of a film industry and the best one in the UK. This companies revenue is $21.98 and net income is $4.267. The gross profit is $0 as well as the operating income and diluted EPS. (Hoovers.com, 2016)
Ownership of the different sectors: Film companies such as Disney are conglomerates. Conglomerates are a group or institution that owns large numbers of companies. A company that Disney owns is marvel. Marvel is the company best known for its fictional characters such as Spider man and Captain America. Disney is the worlds second largest media conglomerate. Disney receive their income in many different ways. These could include DVD sales, as Disney films are continuously being re produced and they are aimed at a large audience. This ranges from young children to family audiences. They also receive income though the Disney parks around the world. These parks are visited year round by many people. Mainly families but plenty of them. This means Disney are receiving a substantial amount of money day by day. These parks sell a range of merchandise. These include; t-shirts, drinks bottles, magnets, caps/hats, a lot of different toys and much much more meaning there is a lot of income being produced from merchandise. Disney have many advantages over their competitors one of the biggest ones is it's theme parks. There are a lot of families that travel to these parks from all over the world. The Disney theme parks are most definitely the most visited theme parks in the world. As well as this, other advantages include the strength of the brands and loyalty of their customers.(babyrd)
TV
Television is one of the largest sectors in media, it employs around 56000 workers which can span from runners towards administrators to directors. People tend to jump from one project to another rather than be stuck to one studio or production company unless you are specialized in one sector, such as editing. The main focus is to create high quality work that can be broadcast in a selected country. Different countries have different ways of transmitting these programs. These can be through; Analogue, digital, satellite, cable(fiber optic) or internet television. In Britain we use servers like; sky, virgin media or BT and more. Television has basic channels which include BBC. ITV, Channel 4, and channel 5. These are also known as terrestrial channels. BBC is the most known TV channel in the UK. (twood95)
Ownership of the different sectors: competition happens in a lot of different ways in the television industry. These could be competition for audiences, competition for programming or competition for advertisers. Audience stations compete for viewership normally against other leisure activities that people might like to engage on rather than watching TV. Whereas broadcasts stations compete against one an other for the audience share, specifically on the basis of program popularity. This has a direct effect on the advertising rates. So basically, each TV channel competes with each other to try and get the most people watching their programs. They do this by creating advertisements stating that the programme will be showing on their channel and no other. The audience may like that TV programme but not necessarily like the channel, however they are going to watch the programmes that they like. This means the channels will try and show the most watched programmes to receive the most viewings and potentially the most money. For example, Channel 4 may be competing with BBC because they both want the most views. The BBC use their income to pay for the cost of showing programmes etc. So therefore they earn money from the amount of views of a programme or merchandise they might sell. But all of that money will go towards something else that the business runs. For example, another programme that is going to show. (About the BBC) Channel 4 make income through showing worldwide, but also selling merchandise such as Box Sets. They could also make it through sponsorships (when a programme is sponsored by a product or company).




RADIO
Employers of radio range in size from the BBC and larger commercial radio groups to not-for-profit community radio stations ran mainly by volunteers. This means that whilst companies such as BBC focus on a whole range of services, there are radio companies that focus on just radio. Radio stations have to be licensed under regulation of Of-Com. There are four types of radio, these include; Satellite, internet, low powered radio stations and digital radio. Radio can then be split into two standard groups, commercial broadcasters (independent local radio in the UK) and none commercial (public service broadcasters).
Public service broadcasters are funded mainly by public money received from the licence free. This is set by the government. Independent local radio is mainly funded through the sales of the advertising spots on their radio station.
There can be not-for-profit radio stations which are found in hospitals, schools and universities.
The radio industries employ around 22,000 people and they require highly trained skills that only certain people have. Some of the jobs that radio stations require are; reporters, presenters, broadcast assistant, producer, station manager, sales and marketing executive, news editor, broadcast journalist, programme controller and commercial producer. (twood95)
An example of a privately owned radio station would be Capital. This is one out of eleven of the privately owned radio stations. It is owned and operated by Global Radio. Capital has had many different names along the way, such as hit music and galaxy. The advantages of privately owned radio stations are they produce what the listeners want to hear. This means they will not loose ratings because people can listen to exactly what they want to listen to rather than lots of adverts between song's. However this could also be a disadvantage because the station could entertain the audience more than informing them. There isn't a balance between what the audience want to hear and the advertising content. (brettd)
Public service broadcasters are funded mainly by public money received from the licence free. This is set by the government. Independent local radio is mainly funded through the sales of the advertising spots on their radio station.
There can be not-for-profit radio stations which are found in hospitals, schools and universities.
The radio industries employ around 22,000 people and they require highly trained skills that only certain people have. Some of the jobs that radio stations require are; reporters, presenters, broadcast assistant, producer, station manager, sales and marketing executive, news editor, broadcast journalist, programme controller and commercial producer. (twood95)
An example of a privately owned radio station would be Capital. This is one out of eleven of the privately owned radio stations. It is owned and operated by Global Radio. Capital has had many different names along the way, such as hit music and galaxy. The advantages of privately owned radio stations are they produce what the listeners want to hear. This means they will not loose ratings because people can listen to exactly what they want to listen to rather than lots of adverts between song's. However this could also be a disadvantage because the station could entertain the audience more than informing them. There isn't a balance between what the audience want to hear and the advertising content. (brettd)
PUBLISHING
5
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193582/Creative_Industries_Mapping_Document_Publishing.pdf
This is a graph of the industry revenues in publishing. In the UK, print publishing companies grew £9.9 billion in 1990 to £13.3 billion in 1996. The publishing sector has grew massively in the last 10 years. There are a number of sectors in publishing. These include; newspapers, magazines, books and anything else that's been printed. There are around 8,000 publishing companies in the UK. The UK publishing industry is the second largest in Europe. It prvides jobs for 164,000 people. (nibusinessinfo.co.uk)
The UK magazine market grew by 8.2% from 1993 to 1996. This is due to rising advertisement revenues and consumer expenditure. As certain magazine titles close down, new ones are being brought in therefore there is no drop in selling them.
The book market has increased by 7.1% over the same period of time. The number of titles has grew strongly over between 1990 and 1996. However in 1997 there was a slight fall, but it was inconclusive. This was because of the demise of the Net Book agreement.
The newspaper market saw a small real-terms increase over the same period with an increase of 0.9%. This was because of facing the newsprint costs, price wars and a decline in advertising revenue. However there was a significant growth on the regional and local press, which saw advertising revenues increase by 8.7%in 1997. They maintained their share of advertising in the market around 21%.
The number of copies of newspapers being sold in the UK is dropping. This is due to people being able to read the news online or rather watch TV these days. However the UK has one of the highest levels of newspaper readership in the UK. The majority of adults read at least one newspaper a week.The total amount of employment in the publishing industry including (printing, paper manufacturing and creative writing) is 450,000 fluctuating at this much for several years.
An example of a book publishing company would be 'York publishing services Ltd' found in North Yorkshire. A newspaper publishing company in the UK, as an example, would be the 'Daily Mail and General Trust'. Lastly, an example of a magazine publishing company in the UK would be 'Hearst magazines' found in London.
An advantage of print publishing is the distribution. Because you are placing the text in the audiences hands, you don't have to link/send them to a website for them to read off. Another would be the marketing. The writers can direct a text at a specific audience as well as making a profit. A disadvantage would be time. This is bad because it takes a lot of time to writer and edit and also for it to be printed.
The writer or producer of any printed product have legal ownership of that text they produce. Which then means they they profit form the distribution of their text. Because of the size of printer companies now they are able to move into different areas of media. This is cross media ownership. The disadvantages of cross media ownership is that its very persuasive. Another disadvantage would be privacy. However there are advantages which consist of; reduced costs meaning bigger companies have more purchasing power, therefore they can reduce product costs. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193582/Creative_Industries_Mapping_Document_Publishing.pdf. The advantages
The UK magazine market grew by 8.2% from 1993 to 1996. This is due to rising advertisement revenues and consumer expenditure. As certain magazine titles close down, new ones are being brought in therefore there is no drop in selling them.
The book market has increased by 7.1% over the same period of time. The number of titles has grew strongly over between 1990 and 1996. However in 1997 there was a slight fall, but it was inconclusive. This was because of the demise of the Net Book agreement.
The newspaper market saw a small real-terms increase over the same period with an increase of 0.9%. This was because of facing the newsprint costs, price wars and a decline in advertising revenue. However there was a significant growth on the regional and local press, which saw advertising revenues increase by 8.7%in 1997. They maintained their share of advertising in the market around 21%.
The number of copies of newspapers being sold in the UK is dropping. This is due to people being able to read the news online or rather watch TV these days. However the UK has one of the highest levels of newspaper readership in the UK. The majority of adults read at least one newspaper a week.The total amount of employment in the publishing industry including (printing, paper manufacturing and creative writing) is 450,000 fluctuating at this much for several years.
An example of a book publishing company would be 'York publishing services Ltd' found in North Yorkshire. A newspaper publishing company in the UK, as an example, would be the 'Daily Mail and General Trust'. Lastly, an example of a magazine publishing company in the UK would be 'Hearst magazines' found in London.
An advantage of print publishing is the distribution. Because you are placing the text in the audiences hands, you don't have to link/send them to a website for them to read off. Another would be the marketing. The writers can direct a text at a specific audience as well as making a profit. A disadvantage would be time. This is bad because it takes a lot of time to writer and edit and also for it to be printed.
The writer or producer of any printed product have legal ownership of that text they produce. Which then means they they profit form the distribution of their text. Because of the size of printer companies now they are able to move into different areas of media. This is cross media ownership. The disadvantages of cross media ownership is that its very persuasive. Another disadvantage would be privacy. However there are advantages which consist of; reduced costs meaning bigger companies have more purchasing power, therefore they can reduce product costs. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193582/Creative_Industries_Mapping_Document_Publishing.pdf. The advantages
ADVERTISING AND MARKETING
Advertising and marketing includes things such as companies creating adverts, this could be on the TV or on billboards, posters in cinemas or on bus stops and more. The marketing side includes things like 'Brave' which is a marketing agency in London. This company works with companies such as; Barclay's, Arsenal FC, Sky, madame Tussaud's and Umbro. This company creates advertisements, that makes you want to watch or use a product. An example of an advertising company could be 'Grey' also situated in London. This company has almost 500 workers involved. It creates things that aren't just still, for example the 'Volvo lifePaint'. Advertisements are all about wanting to sell a product. For example, they want the product to look the best it can for people to want to either watch or used the product. This could be an advertisement for a TV programme or film, or even for a new deodorant spray or a car.
The current total for the number of employees in the industry is 96,000 people. 19,000 of these are self employed. 83% of the advertising industry, are found in and around London. From the total figure, 63% of these are woman.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193572/Creative_Industries_Mapping_Document_Advertising.pdf
Multinationals have power over the advertising sector. In the top 200 magazine campaigns, half of the total billings account towards the top 20 agencies. These agencies are found in London and have top spending consumer brands. These brands offer full service across all media sectors. They also have links internationally. These are either through memberships of international networks or if it is owned by a multinational. There is a total of 200 companies and 47 of them are independently owned medium sized companies. However these are under threat of pressure from the other 20 large companies. This is all happening as the industry moves towards international marketing conglomerates. As well as all this, the number of mall agencies is growing increasingly across the regions.
The current total for the number of employees in the industry is 96,000 people. 19,000 of these are self employed. 83% of the advertising industry, are found in and around London. From the total figure, 63% of these are woman.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193572/Creative_Industries_Mapping_Document_Advertising.pdf
Multinationals have power over the advertising sector. In the top 200 magazine campaigns, half of the total billings account towards the top 20 agencies. These agencies are found in London and have top spending consumer brands. These brands offer full service across all media sectors. They also have links internationally. These are either through memberships of international networks or if it is owned by a multinational. There is a total of 200 companies and 47 of them are independently owned medium sized companies. However these are under threat of pressure from the other 20 large companies. This is all happening as the industry moves towards international marketing conglomerates. As well as all this, the number of mall agencies is growing increasingly across the regions.
ANIMATION
Animation has grown sufficiently due to expanding markets and more popularity. This could be in TV programmes, Games and Films. New technologies have broadened both the production and consumption of animation/cartoons. 'Worlds of production' have emerged and therefore more animated films are produced now. Animation production systems rely on different technologies and labour skills. This means animations globalization has taken place differently to live-action film production. The animation industry has adapted its software-dependant production system.
The animation sector of media comprises over 250 businesses. The animation sector consists of many small and medium businesses and very few big companies. 4,700 people over all are employed in the animation industry.
The demand for animated entertainment has expanded with the increase in broadcasting hours. This is by cable and satellite TV, also because of the huge growing popularity of the internet. Originally animation was aimed at the younger populations, on children's TV etc. However it has grown to being produced for teenagers an then adults and the whole family.
The major animation markets are found in; United States, Canada, Japan, France, Britain and Germany. There is competition throughout all of these countries with animation as to who has produced the most and the best, it is competed for globally. Animation has been advertised by its franchises/merchandise, licensed operations for T-shirts, caps and other items as a major source of income. Animation is increasing in video games, especially in places such as Japan. (Etd.ohiolink.edu)
The animation sector of media comprises over 250 businesses. The animation sector consists of many small and medium businesses and very few big companies. 4,700 people over all are employed in the animation industry.
The demand for animated entertainment has expanded with the increase in broadcasting hours. This is by cable and satellite TV, also because of the huge growing popularity of the internet. Originally animation was aimed at the younger populations, on children's TV etc. However it has grown to being produced for teenagers an then adults and the whole family.
The major animation markets are found in; United States, Canada, Japan, France, Britain and Germany. There is competition throughout all of these countries with animation as to who has produced the most and the best, it is competed for globally. Animation has been advertised by its franchises/merchandise, licensed operations for T-shirts, caps and other items as a major source of income. Animation is increasing in video games, especially in places such as Japan. (Etd.ohiolink.edu)
INTERACTIVE MEDIA
The media industry in itself is growing vastly, it is one of the fastest growing industries. It is continuously evolving with new and more developed technologies. Interactive media is used for many different reasons. These include; e-books, interactive TV, museum touch screen appliances and interactive whiteboards in education circumstances. These products usually comprise a number of multimedia and interactive elements. These elements are used to engage and entertain the users and in certain cases educate them. The distribution of interactive appliances can be web-based but they are primarily used on CD/DVD ROM.
In total in the interactive media sector, there are 15,000 employees. Interactive media receives over 4 billion dollars across Washington.
Interactive media involves the engaging communication between online users through an online programme. In order for interactive media companies to succeed financially, they mus constantly be updating developing ideas and improving on what they already have. This is also to help them attract global audiences. (prezi.com)
Product diversity: Amazon as an example, offers a large and divers range of products ad services which include; Amazon supply, Amazon prime, Amazon local and many others. All these services put together, bring in the revenue for Amazon itself.
http://www.ocr.org.uk/Images/139149-level-2-unit-13-interactive-media-production.pdf
Ownership; For example, Instagram is owned by Facebook. This is governed by Accel. Accel fund and partner companies from the beginning through the growth stage. Snappy snaps is a private sector company that does not own or sister company with any other businesses.
In total in the interactive media sector, there are 15,000 employees. Interactive media receives over 4 billion dollars across Washington.
Interactive media involves the engaging communication between online users through an online programme. In order for interactive media companies to succeed financially, they mus constantly be updating developing ideas and improving on what they already have. This is also to help them attract global audiences. (prezi.com)
Product diversity: Amazon as an example, offers a large and divers range of products ad services which include; Amazon supply, Amazon prime, Amazon local and many others. All these services put together, bring in the revenue for Amazon itself.
http://www.ocr.org.uk/Images/139149-level-2-unit-13-interactive-media-production.pdf
GAMES AND PHOTO IMAGING
The gaming industry is in a large global market. The first game was released in the 1950's called 'Tennis for two'. From this the gaming world has grew hugely. Gaming our days consists of 3D graphics, high quality images and free hands gaming. The largest gaming company is Nintendo, it is also the oldest gaming company. A company that is massively recognised is EA. EA create games of all different genres and platforms. They also create games specific online gaming. In the U.S they employee more than 42,000 people in 36 states. (Ukie.org.uk)
Some companies that are involved in photo imaging are; Argus, Canon, Casio and magnum. However Kodak is most now for its photographic film products. The photo imaging industry is made up of 8,700 companies. 68% of these are sole trading or freelance photographers. The other companies can be pout into these categories; image producers, photo retail, picture libraries and agencies, manufacturers and support services. There are over 43,100 workers in the photo imaging industry. 51% of these re in the south of England. (twood95)
Ownership; For example, Instagram is owned by Facebook. This is governed by Accel. Accel fund and partner companies from the beginning through the growth stage. Snappy snaps is a private sector company that does not own or sister company with any other businesses.
Bibliography
(Online Vs. Print Publication)
https://twood95.wordpress.com/2011/11/25/structure-and-ownership-in-the-media-industries/
http://www.wikinvest.com/stock/Nexstar_Broadcasting_Group_(NXST)/Competition_Television_Industry
https://etd.ohiolink.edu/!etd.send_file?accession=osu1212779559&disposition=inline
http://www.ocr.org.uk/Images/139149-level-2-unit-13-interactive-media-production.pdf
http://www.wtb.wa.gov/Documents/NGAconferenceinteractivemedia.pdf
https://prezi.com/munaten1_hbe/interactive-media-industry/
http://ukie.org.uk/research
Hoovers.com, (2016). !company_name! | Revenue and Financial Reports. [online] Available at: http://www.hoovers.com/company-information/cs/revenue-financial.AARDMAN_ANIMATIONS_LIMITED.83676f96b7c7999a.html [Accessed 19 Jan. 2016].
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193572/Creative_Industries_Mapping_Document_Advertising.pdf













