Mainstream media ( MSM) is a term used to refer collectively to the various large Mass media that influence many people and both reflect and shape prevailing currents of thought.Noam Chomsky, " What makes mainstream media mainstream", October 1997, Z Magazine. The term is used to contrast with alternative media.
The term is often used for large news conglomerates, including and broadcast media, that underwent successive mergers in many countries. The concentration of media ownership has raised concerns of a homogenization of viewpoints presented to news consumers. Consequently, the term mainstream media has been used in conversation and the blogosphere, sometimes in oppositional, pejorative or dismissive senses, in discussion of the mass media and media bias.
Some critics, such as Ben Bagdikian, assailed concentration of ownership, arguing that large media acquisitions limit the information accessible to the public. Other commentators, such as Ben Compaine and Jack Shafer, find Bagdikian's critique overblown. Shafer noted that American media consumers have a wide variety of news sources, including independent national and local sources. Compaine argues that, based on economic metrics such as the Herfindahl-Hirschman Index, the media industry is not very highly concentrated and did not become more concentrated during the 1990s and 2000s. Compaine also points out that most media mergers are not purely acquisitions, but also include divestitures.
One of the biggest mergers/acquisitions in the mainstream media world was Disney Acquiring 21st Century Fox and all of their assets. One of the main things that was accomplished with this merger was completing the rights to the rest of the Marvel movie franchise. Previously Disney did not have the rights to franchises such as X-Men and certain Spider-Man movie rights. With the acquisition they now do. 21st Century Fox was purchased for 71.3 billion dollars in March 2019.
As of 2022, only a reported 56% of 18-27 year olds report that they trust information from US-based mainstream media.Nayeri, F. (2024, September 29). As mainstream media faces unprecedented challenges, can it save itself?. The New York Times. https://www.nytimes.com/2024/09/29/world/democracy-media-challenges.html
Growing distrust of the media is linked to a host of different indicators, with those who subscribe to more radical ideologies or populist followings more likely to harbor a distrust of the media.
Today the BBC is one of two chartered public broadcasting companies in the United Kingdom. The second is ITV, Independent Television, which was established in 1955 as the first public commercial television company after the Television act of 1954 in an effort to break up the monopoly the BBC had on television broadcasting, gaining fifteen regional broadcasting licenses in less than twenty years. Today the BBC and ITV are the two free to air digital services offered to everyone in the United Kingdom and each other's biggest competitors. The BBC has nine national television channels, BBC three, the first channel to switch from television to online, an interactive channel, ten national and forty local radio stations, BBC Online, and BBC Worldwide. ITV currently holds thirteen of the fifteen regional broadcasting licenses in the United Kingdom that carries their multiple channels including ITV, ITVhub, ITV2, ITVBe, ITV 3, ITV4, CITV, ITV Encore,
Britbox, a video-on-demand service in collaboration with the BBC to bring British television content to the United States and Canada, and Cirkus, their own video-on-demand service.
This shift in consumer platform taste has led to a crisis in the smaller local news scene, with an estimated average of 2 newspapers going out of business per week.Penelope Muse Abernathy (2023, November 16). The state of local news. Local News Initiative. https://localnewsinitiative.northwestern.edu/projects/state-of-local-news/2023/report/
Larger mainstream media companies with greater budgets will also be forced to navigate the technological shift, with large news companies such as The New York Times and Fox News having dedicated teams work on high quality online websites.
The "big five"
Comcast NBCUniversal: NBC and Telemundo, Universal Pictures, Focus Features, DreamWorks Animation, 26 television stations in the United States and cable networks USA Network, Bravo, CNBC, MSNBC, Syfy, NBCSN, Golf Channel, E!, Olympic Channel, and the NBC Sports Regional Networks. Comcast also owns the Philadelphia Flyers through a separate subsidiary. $94.5 billion The Walt Disney Company Holdings include: ABC Television Network, cable networks ESPN, Disney Channel, National Geographic, Nat Geo Wild, FX, FXX, FX Movie Channel, A&E and Lifetime, approximately 30 radio stations, music, video game, and book publishing companies, production companies Marvel Entertainment, Lucasfilm, Walt Disney Pictures, Pixar Animation Studios, 20th Century Studios, Searchlight Pictures and Blue Sky Studios, the cellular service Disney Mobile, Disney Consumer Products and Interactive Media, and in several countries. Also has a longstanding partnership with Hearst Corporation, which owns additional TV stations, newspapers, magazines, and stakes in several Disney television ventures. $59.4 billion News Corp/Fox Corporation* Holdings include: the Fox Broadcasting Company; cable networks Fox News Channel, Fox Business Network, Fox Sports 1 and Fox Sports 2; print publications including the Wall Street Journal and the New York Post; the magazines Barron's and SmartMoney; book publisher HarperCollins.
(*) As of 2020, Two Murdoch companies, with publishing assets and Australian media assets going to News Corp, and broadcasting assets going to Fox Corporation. $39.4 billion ($9 billion News Corp and $30.4 billion 21st Century Fox) Warner Bros. Discovery Formerly the largest media conglomerate in the world, with holdings including: CNN, the CW (a joint venture with Nexstar Media Group and Paramount Global), HBO, Cinemax, Cartoon Network/Adult Swim, HLN, NBA TV, TBS, TNT, truTV, Turner Classic Movies, Warner Bros. Pictures, Castle Rock, DC Comics, Warner Bros. Interactive Entertainment, and New Line Cinema. $28.9 billion
Paramount Global Holdings include: MTV, Nickelodeon/Nick at Nite, VH1, BET, Comedy Central, Paramount Pictures, Miramax, and Paramount Home Entertainment. CBS Television Network and the CW (a joint venture with Nexstar Media Group and Warner Bros. Discovery), cable networks CBS Sports Network, Showtime, Pop; 30 television stations; CBS Radio, Inc., which has 130 stations; CBS Studios; book publisher Simon & Schuster. Unknown (was previously Viacom and CBS Corporation before merging in 2019)
American public distrust in the media
Other identifying information such as age, race, and gender have been found to produce different levels of trust in the media regarding specific issues as well.
United Kingdom
Shifting media platform popularity
+Preferred platform use by % of U.S. adults
/ref>
See also
|
|