Transnational media corporations by https://padlet.com/msenaratne1/nusjmaukctlwrypv What are the political and economic implications of the trend toward concentration of media power among a few largely Western conglomerates? en-us 2023-10-17 09:05:33 UTC 2023-10-17 10:56:57 UTC hello@padlet.com msenaratne1 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750433569 https://www.economicsreview.org/post/how-murdoch-shapes-the-economy-the-influence-of-media-and-media-moguls-on-economic-policy]]> 2023-10-17 09:09:13 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750433569 msenaratne1 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750455373 (An interesting example related to Disney, but note that there is a lot of controversy around Disney when talking about this topic - perhaps some of these issues will come across in our discussions. ]]> 2023-10-17 09:25:57 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750455373 country political news, trend, events, social with other countries online https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750544426 2023-10-17 10:39:58 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750544426 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750545014 econimic monopoly ]]> 2023-10-17 10:40:33 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750545014 stock trend https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750545501 2023-10-17 10:41:00 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750545501 inequal econcmic development https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750546169 2023-10-17 10:41:38 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750546169 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750547277 Political implications toward concentration of media power become apparent in the setting and shaping of narratives to fit the political ideologies of the certain parties / groups that Western conglomerates partner with or are owned by. This has the ability to influence opinion, manipulate pop culture and control other factors which alter and define the shape of the human environments we occupy.]]> 2023-10-17 10:42:34 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750547277 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750549233 Public opinion is judged and many things are covered up.

]]> 2023-10-17 10:44:22 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750549233 The actions of transnational companies can also impact national sovereignty, as they may prioritize their own interests over the interests of individual countries. https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750551140 2023-10-17 10:46:03 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750551140 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750551688 significantly shape public opinion and discourse, potentially influencing public perception of political events.This influence can impact the democratic process and public decision-making.]]> 2023-10-17 10:46:32 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750551688 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750551834 the media has a huge influence on the public opinion leading to some people changing their political opinion based on what media tell them]]> 2023-10-17 10:46:41 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750551834 Media conglomerates can wield substantial influence over public opinion due to their ability to shape narratives and control the information flow. This can be exploited for political purposes, potentially leading to the spread of biased or inaccurate information. https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552067 2023-10-17 10:46:56 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552067 https://ivypanda.com/essays/political-and-economic-implications-of-the-trend-toward-concentration-of-media-power-among-a-few-largely-western-conglomerates/ https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552398 Political and Economic Implications of the Trend Toward Concentration of Media Power Among a Few Largely Western Conglomerates]]> 2023-10-17 10:47:11 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552398 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552457 By controlling the narratives across most major news and media outlets around the globe, the economic implications of media power can go as far as to influence consumer confidence in globally listed products and services creating a constant fluctuation and shift in product value depending on the nature of the media discussions and how these discussions are received by their intended audiences.]]> 2023-10-17 10:47:15 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552457 Loss of Local News https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552642 Media consolidation often leads to the downsizing or closure of local media outlets in favor of larger, more profitable national or international platforms. This can reduce the availability of local news and information, diminishing civic engagement and awareness at the community level.]]> 2023-10-17 10:47:22 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750552642 Large media conglomerates can achieve economies of scale, leading to cost efficiencies in content production and distribution. This can be economically advantageous but may also result in the homogenization of content to maximize profitability. https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750553682 2023-10-17 10:48:15 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750553682 Revenue Generation https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750554323 Concentrated media power can lead to significant revenue generation for these conglomerates, which can be reinvested in content creation and innovation. However, this can also create financial pressures to prioritize profit over quality journalism.]]> 2023-10-17 10:48:52 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750554323 The controlled aesthetic ideas https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750554672 As the larger media corporations have more control of posted contents, the aesthetic ideas can also be manipulated by content creators and corporations. It limits people’s thoughts on expressing audience’s aesthetic ideas on casting or views of media productions. ]]> 2023-10-17 10:49:12 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750554672 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750556476 Having an impact on politics inevitably leads to also having an impact on economics. Mass media have huge power in economics and this can often cause monopolization]]> 2023-10-17 10:50:42 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750556476 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750562583 The diversity of voices is limited, and media concentration restricts different viewpoints and makes news and content homogenous. The second is that media conglomerates can control political outcomes, shaping public opinion and promoting particular ideologies.]]> 2023-10-17 10:56:01 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750562583 https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750564012 Media conglomerates can monopolize and limit competition from smaller media outlets.]]> 2023-10-17 10:56:57 UTC https://padlet.com/msenaratne1/nusjmaukctlwrypv/wish/2750564012