Gatekeeping is “controlling access to goods, services, or information, usually applied by individuals or groups in hierarchical organizations. ” (CSA). As it applies to media, gatekeeping refers to the method in which information is filtered for distribution, this can be done through the internet, print or broadcasting. Due to the power that gatekeepers wield in controlling what we as the public read, hear or see, there are many ethical concerns to be considered and liberties to be safeguarded. Rupert Murdoch is a prime example of a gatekeeper. He is the Founder, Chairman and Chief Executive Officer of News Corporation. In 2010, News Corporation was the third-largest media conglomerate in terms of revenue, earning $24.73 billion dollars …show more content…
One in which a new CEO has been hired to take over News Corp. Meet Philippe Dauman. Dauman has been CEO and President of Viacom since 2006. He also served as Director of CBS from 2005-2006. Prior to Viacom, from 2000-2006 Dauman was CEO and Co-chairman of DND Capital Partners, L.L.C., “a private equity firm specializing in media and telecommunications investments” (Bloomberg). Needless to say, Dauman has more than enough experience to helm News Corp. Of all the numerous positions that Dauman has held during his illustrious career, his time as CEO at Viacom is likely the most influential and the position where he served as a gatekeeper. We will analyze and examine the choices that were made under his leadership at Viacom as a method for determining how he will manage News Corp. Viacom has numerous media holdings such as MTV, BET, CMT, Nickelodeon, Spike TV, VHI, Comedy Central, TV Land and Paramount Films. In his time as CEO of Viacom, Dauman has remained mostly behind the scenes. Unlike Murdoch who is often in the public eye, Dauman believes that being invisible gives him a competitive edge and causes his competitors to underestimate and overlook him (Bourgeault). He has brought unity to the company, by implementing a strategy of investing inwards and has seen his fair share of scandals. Viacom has been at the receiving end of racist allegations which have not stopped since Dauman took over the reigns. In August of 2007,
Fairfax media, originally John Fairfax and Sons, was founded by John Fairfax in 1941 and for over 170 years has grown to become one of Australia’s largest media companies. The company’s operations include the distribution of newspapers, magazines, radio as well as operating digital media throughout Australia and New Zealand. Some notable figures from Fairfax Media’s current Board of Directors include company chairman Roger Corbett, Chief Executive Officer and Managing Director Greg Hywood and Chief Financial Officer, David Housego. This report provides a situational analysis regarding the current stage the business’s lifecycle and the internal and external influences on the business. This is followed by an
Deeter came to Ventria in April 2002. He was appointed as Ventria’s CEO because of his good reputation as a businessman. As CEO he helped Dr. Raymond Rodriguez sort through several projects that Ventria was working on at the time. His concept of the business was to focus on one or two projects to make Ventria a profitable business.
142). The Hershey Company`s board can be described as an Anglo-Saxon model, which is typically for American companies. It is a one-tier board, where the employees of the company has no direct affiliation or representatives among the directors. This may be a source of Type 3 agency problems (stakeholder vs. shareholders) (Thomsen and Conyon, 2012, p. 20). The board is led by the companies` CEO, Mr. John Bilbrey while other directors are in charge of different committees. Pearce and Zahra (1991) examine the relative power of the CEO and the board. Their matrix suggest that The Hershey Company board is a Participative board as both the CEO and the board exercise a lot of power. John Bilbrey has been involved with The Hershey Company in several positions since 2003 several years and is likely to enjoy the trust and favor of the board of directors through his seniority and as the company stock has been steadily increasing throughout his period at the wheel (Thomsen and Conyon, 2012, p. 172). Due to the fact that he also is on the board himself, he also get to know the board better and get better handling of them.
Viacom Inc. is one of the largest media company in the world with leading positions in broadcast and television, radio, outdoor advertising and online. The company operates its business through two segments: Media Networks and Filmed Entertainment. It provides entertainment content through its TV channels like Nickelodeon, MTV, VH1, Comedy Central, and others. Viacom’s filmed entertainment segment produces, finances, acquires, and distribute motion pictures under the banner of Paramount Pictures, MTV Films, and others. The company also provides online content services like video-on-demand, pay television, basic cable television, and many more. Viacom Inc is publicly traded on NASDAQ at $33.99 price per share as of May 18,
Viacom formed when FCC rules had forced CBS to spin off some of its cable TV and program operations, this happened in 1971. Viacom then buys WAST-TV in 1979, in 1985 Blockbuster Video is founded, in 1981 the NAI buys majority interest ( Sumner Redstone owns this), in 1994 Viacom announces multi-transponder, multi-satellite agreement with PanAmSat. Also in 1994 Viacom and Paramount announces 8.4 billion dollar merger, Viacom then sells its 33% share of Lifetime. In 1995 Viacom spins off its cable systems for Tele-communications, in 1999 Viacom bought CBS for 50 billion dollars. There are other acquisitions and selling’s through which Viacom became so large, but I did not include every little thing.
Until the 1980s, the control of the media was in the hands of the national government. From then, the control shifted to private outlets and by the 1990’s, there were more than fifty multinational companies who controlled it (“Mass Media”). Today, only about six major companies control the larger fraction of media in America (Williams, Par. 1). Norman Solomon wrote in the New Political Science Journal that most reporters and editors work for just a few huge companies. These journalists and editors are on the payroll for “mega-media institutions”, of which, only about six exist (Solomon 297). How much will the public learn if these companies generally control the output of information?
Michael Eisner- became Chairman and CEO of The Walt Disney Company in 1984, known for transforming Disney into industry leader. He stepped down as CEO in 2005.
Is the Media Bias? Many people including myself believe that it is. On the other hand, there are people who believe that media is not biased and just states facts. These people (i.e. my dad), who believe that media is not biased also believe that everything on TV is true, in my experience. We see bias in media (print or broadcast) many times. It might be the subtlest of things that is unnoticeable to more blatant attempts. The fact is bias is everywhere and it is very difficult to separate the two. The reasons why it is difficult are not clearly understood by my self but I can point toward the fact that everyone is the world has opinions and in some way or form it will be presented in the way they talk or write. The
Countless people have criticized Fox News and CNN for political bias, but recently outrage to media bias has resulted in lasting negative consequences far beyond years prior. Donald Trump has convinced a significant amount of his base to distrust the mainstream media, as evidenced by a Quinnipiac poll that reveals 5 in 10 likely voters believe the media is biased against him (Harper). This number jumps to an incredible 9 in 10 with Republicans. Trump supporters have refused to view media they perceive to be biased, even going so far to chant “CNN sucks!” at a rally in Pennsylvania (“10,000 Trump Supporters”). The resentment of a few news outlets affects not only those news outlets, but how the dissenters perceive the world as a whole. When
Influencing a group of individuals to achieve a common goal is leadership in its simplest form and the three people responsible for this are Dr. Eric Schmidt, Chairman of the Board and Chief Executive Officer; Larry Page, Co-Founder & President, Products; and Sergey Brin, Co-Founder & President, Technology. Overseeing the company's technical and business strategy since 2001, Dr. Schmidt’s leadership has helped the company grow from a startup to a global enterprise while maintaining a culture of strong innovation. Larry Page the founding CEO grew the company to over 200 employees and profitability before moving into his role as president of products. Sergey Brin directs the research efforts of Google with areas of focus
The Walt Disney Company is one of the largest media and entertainment corporations in the world. Disney is able to create sustainable profits due to its heterogeneity, inimitability, co-specialization and immense foresight. During the late twentieth century, Michael Eisner founded and gave a rebirth to Walt Disney Company. Eisner revitalize TV and movies, Themes Park and new businesses. Eisner's takeover for fifteen years had climbed the revenues and net earnings of the company. It also successfully uses synergy to create value across its many business units. After its founder Walter Disney's death, the company started to lose its ground and performance declined. Michael Eisner became CEO
Tim Cook is the most important executive and the CEO of Apple. Before being named CEO in August 2011 he was in charge of a large portion of the companies planning and daily operations, His direction and supervision anticipated an essential spike in deals for Apple 's Macintosh division and delivered a significant arrange in the revamping of key supplier affiliations, guaranteeing adaptability in light of a clearly interest for business center.
Its good to explore the concept of how Capitalism works and why it pertains to corporations like News Corp. Capitalism is an economical and sociological philosophy that exercises the idea of hard work and free will when it comes to how you want to live you life. If a person wants to start a business it is open to do and if another person wants to work in a gas station the freedom to do so is there. Rupert Murdoch decided to work with the newspaper business that his father left him and used his economic skills to expand and make more money. Because of how capitalism works Murdoch had enough freedom to turn his company into a huge media monopoly and now has great economical prestige. It exists to make money and to make media a more accessible to the
Media has been playing a significant role in our daily lives by developing our personalities, enriching our knowledge and providing us with different sorts of information. It has a tremendous power in framing cultural guidelines and shaping political dissertation. If the information provided to the U.S. citizens is distorted, then they cannot make informed decisions on the matters of public policy. Thus, it becomes vital to the American democracy that the news media and its institutions remain unbiased, fair and accurate. Media bias happens when a media systematically and persistently emphasize one particular point of view that is usually below the standards of professional journalism. There can be various reasons for media bias, some of
Media has become a powerful source of knowledge, and a great breakthrough in human history. Who can regret that media is a daily need in our lives. Media has the ability and control to adjust to all levels of knowledge in people. Media helps us to escape from our daily lives and our problems in times of stress. Thou Media as proved to be beneficial by educating, entertaining and informing us, it has also have its downfall, to cause many bad influences to the younger audience. Media has influenced us to conduct bad behavior, breed violence among teens and fear to the public, thus causing a lot of negative conflicts among ourselves. Television, Music, Internet, and more, are just some of the media exposure that needs to be censored and