Blog #1: Mass Media Industries Group
Mass Media Industries Groups Hey everyone! In this blog, I will be talking about Mass Media Industry Groups, what they do, how they work, and examples of a company that is a Mass Media Industries Group. The mass media sector is made up of several companies that provide the general public with content, entertainment, and information. Based on their market structure, these organizations can be classified as oligopolies, monopolies, or industry groupings. 1) Industry Groups : Several businesses compete with one another while operating independently in the mass media sector. Television networks, radio stations, newspaper publishers, internet news sources, and social media platforms are some of these industrial groupings. They provide a variety of material and target different audiences, resulting in a pluralistic media environment. 2) Monopolies : When one organization or group controls a sizable portion of the mass media sector and exercises considerable influence o...