Impact of Conglomerate Possession on Cultural Industries

Cultural industries are a significant source of producing information and knowledge in societies. The focus in possession over them, in the recent years by private corporate houses has brought in changes, in the way they operate and function in world. In this article, we understand why cultural industries are important, what the functions completed by them are and exactly how they are affected by the conglomerate style possession which is prevalent in modern culture today.

WHAT ARE CULTURAL Companies?

Cultural industry as a concept had first been submit by German critical theorists of the Frankfurt Institution, Theodor Adorno and Max Horkheimer. While in exile from Nazi Germany in the 1940s, they wrote the Dialectic of Enlightenment through which they popularized the concept. In it, they published about the life span in capitalist United States and sensed it was rather meaningless and shallow. Relating to them, culture acquired become commodified in the capitalist societies, that was why they coined the word Culture Industry. (pg24) The complexities that have arisen in modern culture as time passes have metamorphosed the singular field discussed by the two proponents and resulted in the creation of 'ethnical industries'. The different ways that society is affected has resulted in the creation of different kinds of cultural production. (pg24)

The ongoing changes in the culture, overall economy and population make it important to understand cultural industries in today's day context. Ethnical industry, basically, refers to the activities which are interrelated with symbolic goods, i. e. those goods whose monetary value is determined by their social value. This meaning of cultural establishments is relatively fluid as they respond to the changing dynamics of societies. Cultural sectors comprise of 'traditional' cultural sectors like broadcast press, architecture, music, videos, etc. and traditional arts such as theatre, visual arts, books, galleries, etc. (1) In the present day the term cultural industries is often used synonymously with press industries.

ROLE OF CULTURAL Market sectors IN SOCIETY

Cultural business have certain unique functions that can be played in today's day modern societies. Firstly, cultural industries have an effect on our views and knowledge about the entire world by creating and circulating different products. The press have a significant contribution in this respect, not only through newspapers and broadcast information programs but also through entertainment like videos, tv set series and music. They help shape our views on what is right or wrong, determine how people live along in society, how far democratic functions are completed and justice and protection under the law upheld. These text messages are disseminated by powerful firms whose major desire is to earn revenue. Often theorists debate over whether ethnical industries operate to handle the interests of the elites in the contemporary society. Through cultural sectors they try to accustom the normal man towards a particular way of thinking which would eventually help provide their interests. (Pg 4)

Secondly, the ethnic industries have a tendency to promote a specific kind of work in world. Cultural creation in societies takes place based on the kind of audience. The texts produced in the machine may sometimes be mediocre and not enriching for people because the drive is never to promote the creativity in society. Alternatively it is to maintain the energy of the business enterprise elites and promote consumerism. The modern sufferings and inequality of the capitalist societies are reported to be the fallout of the cultural sectors. The heads of businesses generally decide the freedom given to the personnel or artists and therefore control the probable of the personnel. (pg6)

Thirdly, cultural business are an important source for determining the source of prosperity and work in the societies. Scholars say that it is the brand of the businesses which are of actual value and also have motivated further get spread around of knowledge in societies. In recent years other options developed, such as the internet. The large increase in communication technologies provided an opportunity for the progress of credit founded economic growth. Thus, cultural business act as musical instruments of economic and interpersonal change. (Pg8)

INTERESTS OF THE CORPORATIONS

It is important to comprehend what the pursuits of the professional and owning class actually are to comprehend how and why corporations work as they actually in modern capitalist societies. The leading passions of companies are to increase their profits and revenues. Even though some companies provide better conditions to their workers and provide many benefits but the target of the companies is to increase their profits by minimising the expenses. The owning category of companies try to collaborate with companies like their own. Regardless of the competition between your two, they make an effort to unite in lobbying and campaigning against certain government legislations which are in support of the working school. For their business to prosper, the organization owners require steady economic and politics conditions. They might be against certain reforms which the government needs to introduce that will be beneficial to the consumers and staff. Thus they make an effort to influence the government by donations in the election campaigns and show their support to certain politics candidates which can only help create an atmosphere in the system which is needed for his or her business to boom and enlarge. (pg76-77)

OWNERSHIP OF CORPORATIONS

Around the 1960s, in america, conglomeration became one of the basic features of ownership of company. Diverse business and commercial houses that originally had hobbies limited in essential oil and financial services only, acquired now started spending more into the media market sectors. These industries mostly had private possession. In the late 1980s a new form of co-operation emerged whereby there is cross -campaign and cross-selling between different companies so that there would an increase in the overall sales. With all the developments in solutions new sources of cultural production surfaced making the ownership more complex. In a great many of these companies such as radio, tv set and films, there was the emergence of oligopolistic possession emerging which was leading to the creation of huge conglomerates. (pg195) In america, for illustration, large corporations like the RCA (Radio Firm of America) became one of the leading companies overtaking the various media forms like posting and papers companies and Hollywood studies surfaced as an oligopoly which was included vertically. This vertical integration led to the introduction of certain new technology such as recording and playback. There was also cross marketing ownership which made the system very complex. Film studios like MGM (Metro-Goldwyn-Mayer) also held considerable involvement in music industry. Within the 1980s media properties began to invest more into gadgets companies. (pg72) For instance, Sony bought over CBS Data and Columbia Pictures Entertainment whereby it could use rock and roll music and cinema which were popular in america to market the deal of Compact disk and in doing so increase their ethnic productivity. (pg198)

With the introduction than it giants in the new millennium, telecommunications industries ventured into the broadcasting market. But it must be mentioned these companies didn't have significant cultural production. Their concentration was more on gathering data on consumers which would help them to increase their sales. Among the most important ventures into ethnic market sectors by the IT companies was that of Google who purchased YouTube in 2006. Yahoo had recognized the partnership of blood flow and distribution with that of culture and communication. The essential idea was that the higher the number of consumers who visit YouTube and the greater number of web pages they view, the higher would be the advertising of certain advertisements by YouTube. This resulted in the major clash over copyright between Goggle and other cultural companies. (pg 198)

IMPACT OF CONGLOMERATE STYLE OWNERSHIP

There was an increasing introduction of small companies which got part in the cultural creation though it was at a much smaller size. These small industries taken to the fore concerns about the domination of big business houses over cultural production. It had been argued that ownership in the big business and corporate and business residences belong in the hands of a few. As it was explained earlier, different shareholders especially in the media industry have started out operating as moguls. They have got control and ties with other powerful corporations and folks who help distributed and propagate their unique interests in modern culture. (pg 73) Some scholars dispute that there's emerged a 'managerial trend' in the nineteenth hundred years which has led to delegation into the hands of the professionals who've different hobbies from that of the owners. Thus, hobbies of the firms become varied as different classes engaged become more diverse. Critics say that the managerial school also is one of the rich higher stratum of population and so they may share pursuits with the owning school. (pg 75)

There can be many dangerous effects on the democratic routines in the country if there is concentration of commercial ownership above the media and cultural industries. The multimedia is one of the primary sources of information for the people today. It is in charge of enlightening the individuals and providing them with essential information. But when there is increased corporate affinity for press coverage, then there may be a major impact on what the marketing covers and does not cover. The advertising can't provide impartial information and always must be aware that the info that they generate does not at all offend the owners. Thus, the mass media and other ethnic industries become destined and shackled by the chains of the hobbies of the executive and corporate heads. The normal man subsequently is denied usage of accurate and neutral information. If he could us it he could make informed decisions. This has a primary fallout on the democratic politics system in the contemporary society. (3)

Another significant concern is that the data that is generated and the culture that is produced become uniform and standardized. The information that is made is whatever can help retain the electricity and position of the organization giants and tycoons. This compromises the power of the common man to develop his or her capability to the fullest probable because what's popular in population is managed and decided by the few who belong to the elite school. The inequalities in world are legitimised by the ethnic industries like multimedia which help wthhold the power and wealth domination of the organization mind. Thus we see that the control exercised by the massive corporate homes is not direct, but through their possession and control over the marketing and other social industries. (4) There have often been debates whether cultural industries consuming private ownership have concentrated more on business rather than ingenuity.

With increase in corporate passions in cultural companies and advertising whose primary motive is getting large income and dividends, many scholars believe that there's been a compromise in the quality of news made. Journalism must maintain high quality but with new budget lower downs to lessen costs there has been a drop in the resources available to the journalists. Also, there's been a change of concentration from important political and economic occurrences to gossip on the lives of superstars and the entertainment world as this proves to be more lucrative to them. Thus, there exists concentration on general population tastes and what the public want to see, which some scholars explain is quite good than concentration on the actual elites want people to see.

Ben Bagdikian in his work The Mass media Monopoly listed the number of media companies in various industries like newspapers, magazines, movies and television in america market. In 1983, he discovered that there were 50 major corporations but their amount continuously dwindled over time and finally became only 5 in 2004. This clearly manifested the range of influence these firm have in influencing the social industries. (pg205)

Many critics explain corporations could become victims of the environment they can be found in. Because of this most of them have followed the insurance policy of 'de-convergence' lately, whereby they concentrate on their major business areas and have sold off their other business operations. But conglomeration is constantly on the exist as one of the key features of ethnical industry.

CONCLUSION

After careful scrutiny of the top role of ethnic companies and the impact of conglomerate type of ownership on them, one observes that the second option limits the autonomy of the social industries in various manners. It is very important that initiatives be taken to liberalize them from the corporate pursuits which bind them. It must be mentioned, that form of ownership can have positive impacts as well. For example, the corporate homes can control and keep a check on the federal government and limit them from performing arbitrarily or biased decisions. In addition they help promote healthy competition in the culture. But after weighing the positive and negative influences of conglomerate possession over cultural industries one can conclude that there surely is need to take positive action in form of diversification of possession.

REFERENCES

  1. The Description of 'Cultural Industries'

http://www. pedrobendassolli. com/pesquisa/icc1. pdf

2. Reference provided - The Cultural Establishments By David Hesmondhalgh

  1. Media Conglomerates, Mergers, Focus of Ownership

http://www. globalissues. org/article/159/media-conglomerates-mergers-concentration-of-ownership

  1. Media Ownership - CAN IT Matter?

http://lirne. net/resources/netknowledge/meier. pdf

  1. The Marketing Industry: Composition, Strategy and Debates

http://www. sagepub. com/mcquail6/Online%20readings/9b%20Croteau%20&%20Hoynes%20-Devereux-Ch-02. pdf

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