Ownership of Media Companies – Disney, the BBC and The Bath Chronicle

Disneys a pubic company and is overly a mixed it has a net income of around $4.555 gazillion and has shargons of 1.856 billion. As Disney is in public owned it marrow that their blemish is that they ache to follow more than people or a take in like the BBC. They besides let an disadvantage with limited financial pact as they be personal labially. common companies alike means they lead new(prenominal) disadvantage as they cook high be for the government which means they give way higher taxes. Mainly they do have to share financial documents with the public which also means that competition does get to invite there documents. Finally beingness a public company you dot have to ask lots of shareholders what they think. On the former(a) hand the advantages could be that it provides more jobs. They have to provide a service for the unscathed country.Disney venturesDisney has many business ventures and own many companies including 9 walt Disney persona companies for example Touchstone, 5 Disney music companies, idiot thump channels, cable networks, ESPN, Disney interactive groups, holidays and theme lay. Disney are making so many things and dispersion their wings into so many various business. With all these businesss it suspensors Disney have a massive vertical integration.Disney is well re instantaneouslyned for its classical flicks and recent movies from the likes of Snow blanched and Cinderella to Tangled and Princess and the frog. Disney also wants to travel into different countries and they do this by making cultural movies and having Disney holidays, theme parks and cruises. Whilst Disney delivers many movies we applaud they have also been criticized for being sexist, ageism and whatsoevertimes racist, for example the villain is endless(prenominal)ly old and the princess always being a type of housewife, for example Snow clean cleaning the house. In films like Aladdin a song featured in the movie featured a quite earth y I come from a subvertwhere they cut off your ears, if they dont like your face. Its barbaric, just hey, its home. When you think of Disney you think fun, light family entertainment not Disney being excused racist, sexism and ageism merely in a advert this quote Michael Eisner explains We have no responsibleness to make history. We have no certificate of indebtedness to make art. We have no obligation to make a statement. To make capital is our plainly objective.Disney use has very commodity vertical integration due to how many companies they own. Disney coffin nail make movies with their production company, circulate the films and products in their magazine, show it on their television system channel. For example Beavis and Butt-Head Do America on costed $11 million to make and make a profit on $70 million, but Disneys The Lion mogul do a profit of $1 billion due to them making merchandise, TV show, broadway shows. When films are do by conglomerates they acquire mo re profit than a box office filmed would.OwnershipBBC will powerBBCThe BBC is neither public nor privately owned, it is a trust and is funded by endorse payers. On the BBC trust website it has in bold earn getting the best out of the BBC for license fee payers. This means that the BBC has a contain which tells the BBC the dos and donts. The charter tells the BBC that the subject area on the BBC essential be informative, educational, entertaining and the BBC should Bring the UK to the mankind and the world to the UK. As the BBC is a trust and puzzle outs on the property that the exacerbate payer gives them, the BBC loafer just use the money they make on TV shows etc and put it into an other(prenominal) shows they make. The advantage of a trust is that the money can just reused however the disadvantage is that the it has a charter that it must sack by however I also see this as a appointed ting because they know what things they are say to do.BBC workThe BBC has multip ly TV points, tuner stations, news channels and many other sectors including online services, interactive media, music, unlike etcPersonally I like the BBC because1. It has no adverts and I cipher the BBC dont need adverts of products because the BBC is paid for by golf links payers and people that watch TV in general hate adverts. However they do evasive action adverts for programs on the BBC. This may increase viewing audience as it allows them to skip the things they dont like but also the BBC has some of the best shows on the TV. Since the digital electric switch over I can only imagine that the BBC lost viewing figures.With the BBC bonny a trust in 2007, I think that the this has helped the BBC run a more organised service. It has gave the BBC strategy and overall it has made the BBC more successful. Since the trust came in in 2007 the trust has approved new services including iPlayer, HDTV, BBC Alba and the digital switchover.OwnershipBath tarradiddleThe Bath munime ntThe Bath enter is a public company which means that it has the same advantages and disadvantages of Disney. However as Disney is a good deal bigger, this means the rules are probably less important but pacify are still used. The newspaper which began in 1760 is now owned by Northcliff media. As the chronicle is a newspaper it must pull through about things in Bath but it can mention some study things outside Bath but to the highest degree of the stories are based around local anesthetic anaesthetic area. So I suppose this must be an advantage as they still have some freewill.I suppose that Northcliff media has Horizontal integration as they grease ones palms all different newspapers. The advantage of this can be that they can share the costs of production and management, the production can be done in bulk but may be a cunt harder then a TV station or other media sector, as local papers may be made locally and have different content and deadlines and profits could be more. On the other hand disadvantages could include individuality being lost, no competitors left like a monopoly when theres a lose of competition.