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The Ownership Of Time Warner

In 50’s, there are over 500 media companies in America, but through many integrations, there are only 6 major media institutions in America and they dominate nearly 98% of the market in America. “The media monopoly” written by Ben Bagdikian in 1983 criticized that the concentration of the media institution in America is fundamentally anti-democratic.
Moreover, In the process of globalisation, people of different countries are becoming “world audiences”. The demands for media texts produced by these 6 media institutions are increasing. For example, In Hong Kong, most of the foreign films shown in cinema are produced from Hollywood. And the programmes of the popular paid-TV channels are bought from these 6 major media institution such as HBO, ESPN and National geographic. It is the fact that this trend will make these media institutions becomes richer and more powerful.
In order to study on this issue, the Time Warner Inc. (Time Warner) is selected to study how influence......


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Approximate Word Count: 1467
Approximate Pages: 6 (250 words per double-spaced page)

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