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Media Industries Report

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Introduction

Rob Cox Professional Practice Media Industries Assignment In This Assignment we have been put into 3 different groups to give 3 different presentations. One group had Digital TV, One had Corporate TV (BBC), and my group had Commercial TV (ITV, C4, etc) in these presentations we had to discuss Who owns the industry, how its structured, and how it is financed. We then had to come up with a report discussing the similarities and differences between the 3 sectors and this is what I have come up with using my research and notes from the 3 sectors. Their Are 3 Different sub-sectors in Digital TV they are Freeview, Sky Digital, And NTL Telewest. Financing Freeview gets it financing from the one off subscription payments that customers make when buying a Freeview digital box. This is a big difference compared to how others get financed. However they don't get the money made from the advertising on the TV channels that are available on Freeview due to the fact that they don't own any of them, they just own the main service that gives the customers the channels. Another difference between Freeview and sky would be that sky offer Pay Per View events, where as Freeview don't, hence the name of the company. With Sky Digital not only do they get their money from there subscription services they offer, but they also get advertising ...read more.

Middle

Even though the licenses are the main money maker of the BBC, they also get some of it from selling some of there products overseas, so places like the USA, Australia, etc, get some of the BBC's flagship television programmes. Differences And Similarities In Financing The main noticeable differences and similarities between the different TV industries are the way the different sectors receive there funding. As you can read above, ITV, C4, and Sky Digital receive money through advertising, where as the BBC and Freeview don't. Sky digital and Freeview get the money through the subscriptions or one off payments when they get another customer receiving their products. BBC can also be classed in there by receiving money through subscriptions, because of the monthly TV License fee. How They Are Owned ITV doesn't actually have a main owner. ITV is made up of a group of Television broadcasters. They all joined up together to become ITV to give BBC competition. In 2004 Granada And Carlton TV (shortly following the both of them securing all regional franchises in England And Wales) merged together to make ITV a much bigger competitor to BBC. Channel 5 are unlike the other different channels listed, because they are owned solely by one company called the Radio Television Luxembourg Group (RTL) ...read more.

Conclusion

Like the BBC trust, Channel 4's board is appointed by OFCOM. Luke Johnson is the leader of the board, and has control of the company. Andy Duncan works alongside Luke Johnson, the chief executive, and the board members responsible for the permanent running of the company. Channel 5 is run by a board of directors, with the Chief Executive Jane Lighting responsible for the running of the company from day to day to make sure nothing goes wrong within the company. Rupert Murdoch took over the collapsed BSB to create sky, thus becoming the sole owner of the company. BskyB also has a board that runs the company from day to day like the other companies such as the BBC and ITV. ITV is run by a board of directors as well. There is no 100% owner of the company, but the leader of the board of directors, Michael Grade has overall control of the company, who alongside John Cresswell, the Chief Operating Officer and Director of finance, is responsible for the running and operation of the company to provide the competition for the BBC. Differences and similarities between the structures There are not many differences between them as they are all run by a board of directors. There is one big difference though in the way that Rupert Murdoch is the only one that as well as owning the company, he also sits on the board of directors that run Sky. ...read more.

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