core and semiperipheral country as well as most peripheral regions excluding

Core and semiperipheral country as well as most

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core and semiperipheral country as well as most peripheral regions, excluding Africa A vertically integrated media conglomerate, gave three reasons for moving: 1. Sought to expand shareholder base, scope, and demand by becoming American; can be listed under US stocks 2. More than 75% of their revenue and profits came from US multimedia operations 3. Move to the US provides access to much larger capital markets; access to capital Divided into several communication segments: cable, television, film, direct broadcast satellites, publishing, and a few smaller areas Largest shareholder is media mogul Rupert Murdoch, developed News Corp into empire - Very conservative and hires likeminded senior management: explains why Fox lacks a culture of professionalism and objectivity in news handling (right-wing stories only) A growing international phenomenon, Murdoch interconnects sports and television, using sports teams to obtain large audiences; allows for control of sports franchises, gain media rights of sports leagues (i.e. Fox purchase NFL rights, problematic for ABC, CBS, NBC) - Murdoch is a major player with BSkyB television satellite network, which experienced start-up difficulties until purchasing rights to Premier League soccer Now a major player with more than seven million subscribers in the UK News Corp intended to purchase 100% of the company but a corporate scandal in 2011 forced it to back off In 2007, Murdoch purchased the Dow Jones Company for $5 billion - Publisher of the Wall Street Journal , Murdoch intends to use its staff to aid his Fox business channel with commentaries and business news and stories In 2013, Murdoch created the large all-sports network Fox Sports 1 Murdoch family owns 30% of News Corp; makes 25% of its sales from global businesses and 75% from US media businesses (this may change with global initiatives growing) British Sky Broadcasting Group BSkyB is the UK’s leading pay-television provider, with 40% owned by News Corps Services distributed in the UK and Ireland, 650 radio and television satellite channels Over 10 million customers, provides news, sports, and entertainment programs through channels covering nine sectors: entertainment, news, children’s, movies, sports, music, radio, adult, and specialty offerings Pioneered the introduction of digital television to Europe with Sky Digital - Provides clearest available picture technology, CD-quality sound, 10 documentary channels, five sports channels, up to five movies each hour, and all BBC channels BSkyB’s multichannel offerings: - Sky One - outdraws five terrestrial networks with programs such as 24, The Simpsons
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- Sky Movies - offers 450 movies per week on 11 different pay channels; some movies attract more than 10 million viewers per week, such as Pirates of the Caribbean - Satellite channels - includes offerings of Bravo, Paramount, CNN, Disney, MTV American media fare is embedded in foreign satellite services to a very large extent; many channels are pay so must be a market for them ECT deals with the collective impact of these audiovisual products over time -
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  • Winter '16
  • Helen Hambly
  • Television network, American Broadcasting Company, Time Warner, news corp

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