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The Political Economies of Media
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Table of Contents

List of Figures List of Tables List of Contributors Preface Acknowledgments Part One: Introductory Essay 1 The Political Economies of Media and the Transformation of the Global Media Industries: An Introductory Essay 3 Dwayne Winseck, Carleton University Part Two: From the Singular to the Plural-Theorizing the Digital and Networked Media Industries in the Twenty-First Century Principal ongoing mutations of Cultural and Informational Industries Bernand Miege, Carleton University Media Ownership, Oligarchies, and Globalization: Media Concentration in South America Guillermo Mastrini and Martin Becerra, University of Buenos Aires Media as Creative Industries: Conglomeration and Globalization as Accumulation Strategies in an Age of Digital Media Terry Flew, Queensland University of Technology The Structure and Dynamics of Communications Business Networks in an Era of Convergence: Mapping the Global Networks of the Information Business Amelia Arsenault, Annenberg School, University of Pennsylvania Part Three The Conquest of Capital or Creative Gales of Destruction? Hard Jobs in Hollywood: How Concentration in Distribution Affects the Production Side of the Media Entertainment Industry 123 Susan Christopherson, Cornell University Financialization and the "Crisis of the Media": The Rise and Fall of (Some) Media Conglomerates in Canada Dwayne Winseck, Carleton University Deconvergence and Deconsolidation in the Global Media Industries: The Rise and Fall of (Some) Media Conglomerate(s) Dal Yong Jin, Simon Fraser University Navigational Media: The Political Economy of Online Traffic Elizabeth Van Couvering, Leicester University The Contemporary World Wide Web: Social Medium or New Space of Accumulation? Christian Fuchs, Uppsala University Part Four Communication, Conventions, and "Crises" Running on empty?: The Uncertain Financial Futures of Public Service Media in the Contemporary Media Policy Environment Peter A. Thompson, University of Wellington Mediation, Financialization, and the Global Financial Crisis: An Inverted Political Economy Perspective Aeron Davis, University of London The Wizards of Oz: Peering Behind the Curtain on the Relationship Between Central Banks and the Business Media Marc-Andre Pigeon, Carleton University References Suggested Subject Index Terms

Promotional Information

The contributors show that digital media are disrupting entire media industries, but without erasing the past and insist that one media sector is not the same as the next. As the title signals even in the age of convergence and remix culture, different media continue to display their own distinctive political economies.

List of Figures vii List of Tables ix List of Contributors x Preface xiv Acknowledgments xix Part One Introductory Essay 1 The Political Economies of Media and the Transformation of the Global Media Industries: An Introductory Essay 3 Dwayne Winseck, Carleton University Part Two From the Singular to the Plural-Theorizing the Digital and Networked Media Industries in the Twenty-First Century 49 1 Principal ongoing mutations of Cultural and Informational Industries 51 Bernand Miege, Carleton University 2 Media Ownership, Oligarchies, and Globalization: Media Concentration in South America 66 Guillermo Mastrini and Martin Becerra, University of Buenos Aires 3 Media as Creative Industries: Conglomeration and Globalization as Accumulation Strategies in an Age of Digital Media 84 Terry Flew, Queensland University of Technology 4 The Structure and Dynamics of Communications Business Networks in an Era of Convergence: Mapping the Global Networks of the Information Business 101 Amelia Arsenault, Annenberg School, University of Pennsylvania Part Three The Conquest of Capital or Creative Gales of Destruction? 121 5 Hard Jobs in Hollywood: How Concentration in Distribution Affects the Production Side of the Media Entertainment Industry 123 Susan Christopherson, Cornell University 6 Financialization and the "Crisis of the Media": The Rise and Fall of (Some) Media Conglomerates in Canada 142 Dwayne Winseck, Carleton University 7 Deconvergence and Deconsolidation in the Global Media Industries: The Rise and Fall of (Some) Media Conglomerate(s) 167 Dal Yong Jin, Simon Fraser University 8 Navigational Media: The Political Economy of Online Traffic 183 Elizabeth Van Couvering, Leicester University 9 The Contemporary World Wide Web: Social Medium or New Space of Accumulation? 201 Christian Fuchs, Uppsala University Part Four Communication, Conventions, and "Crises" 221 10 Running on empty?: The Uncertain Financial Futures of Public Service Media in the Contemporary Media Policy Environment 223 Peter A. Thompson, University of Wellington 11 Mediation, Financialization, and the Global Financial Crisis: An Inverted Political Economy Perspective 241 Aeron Davis, University of London 12 The Wizards of Oz: Peering Behind the Curtain on the Relationship Between Central Banks and the Business Media 255 Marc-Andre Pigeon, Carleton University References 272 Suggested Subject Index Terms 303

About the Author

Dwayne Winseck is Professor at the School of Journalism and Communication, Carleton University, Canada. Dal yong Jin is Assistant Professor at Simon Fraser University and Associate Professor at Korea Advanced Institute of Science and Technology.

Reviews

The Political Economies of Media is the most thoughtful, original and compelling set of essays on contemporary global media industries that I have ever read. Dwayne Winseck and Dal Yong Jin are to be congratulated for shepherding and contributing to this crucial contribution to media studies. It should be mandatory reading for scholars, studentts and concerned citizens * Robert W. McChesny, University of Illinois at Urbana-Champaign * Winseck and Jin's excellent collection is one of the most important contributions in years to research and teaching in media industries. * David Hesmondhalgh, University of Leeds * This excellent book analyzes how the forces of digitalization, financialization, globalization, and consolidation affect today's media. In a world full of clarion calls, The Political Economies of Media stands out as essential reading: thoughtful interpretations in a well-organized volume, timely and useful information, a wide coverage of industries and countries, a highlighting of the diversity within political economy, and a willingness to question conventional wisdom when warranted by the data. * Eli Noam, Columbia Business School and Columbia Insitute for Tele-Information * Political Economies of the Media: The Transformation of the Global Media is probably one of the most inspiring books in political economy I have read in recent years. A wide variety of topical issues is debated and statements are underpinned by an impressive amount of empirical data... This book is a must-read for everyone interested in the structural mechanisms underlying power and control in the media and information industries. -- Tom Evens, Ghent University * Journal of Digital Television *

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