New media have expanded the size of the media economy without cannibalizing the economic base of ... more New media have expanded the size of the media economy without cannibalizing the economic base of traditional media. The current woes facing some media primarily reflect a short-term, cyclical decline in advertising revenue caused by the economic downturn, the accumulated results of media consolidation, and the financialization of the media. The latter process saw vast sums of capital investment in the creation of massive media conglomerates based on wildly optimistic projections where future profits would grow faster than the expanding network media economy and exceed the high profits that characterized the media in the past. When that rosy scenario failed to materialize, some media companies were indeed in trouble and saddled with unsustainable debts, but there has been no crisis of the media per se.
The quest for information highways and media convergence in Canada
Info, 1999
... Journal of Communication. the quest for information highways and media reconvergence in canad... more ... Journal of Communication. the quest for information highways and media reconvergence in canada Dwayne Winseck article: Throughout the 1990s many countries have pursued information highway projects. This study of Canada ...
Power Shift?: Towards a Political Economy of Canadian Telecommunications and Regulation
Canadian Journal of Communication, 1995
... Dwayne Winseck (Carleton University). ... Overall, the telecommunications companies receive a... more ... Dwayne Winseck (Carleton University). ... Overall, the telecommunications companies receive about 40% of their long-distance revenues from 300 of the largest corporations in Canada (Gates, 1992, p. 25). Similar patterns prevail in the Prairie and Atlantic Regions. ...
Canadian Telecommunications: A History and Political Economy of Media Reconvergence
Canadian Journal of Communication, 1997
... were paying for "gold-plated" network designs that outstripped thei... more ... were paying for "gold-plated" network designs that outstripped their requirements, they were subsidizing big business (Melody, 1982, cited in ... For example, after approving Hollinger's takeover of Southam, which gave the company control over 40% of newspaper circulation, the ...
New media have expanded the size of the media economy without cannibalizing the economic base of ... more New media have expanded the size of the media economy without cannibalizing the economic base of traditional media. The current woes facing some media primarily reflect a short-term, cyclical decline in advertising revenue caused by the economic downturn, the accumulated results of media consolidation, and the financialization of the media. The latter process saw vast sums of capital investment in the creation of massive media conglomerates based on wildly optimistic projections where future profits would grow faster than the expanding network media economy and exceed the high profits that characterized the media in the past. When that rosy scenario failed to materialize, some media companies were indeed in trouble and saddled with unsustainable debts, but there has been no crisis of the media per se.
The quest for information highways and media convergence in Canada
Info, 1999
... Journal of Communication. the quest for information highways and media reconvergence in canad... more ... Journal of Communication. the quest for information highways and media reconvergence in canada Dwayne Winseck article: Throughout the 1990s many countries have pursued information highway projects. This study of Canada ...
Power Shift?: Towards a Political Economy of Canadian Telecommunications and Regulation
Canadian Journal of Communication, 1995
... Dwayne Winseck (Carleton University). ... Overall, the telecommunications companies receive a... more ... Dwayne Winseck (Carleton University). ... Overall, the telecommunications companies receive about 40% of their long-distance revenues from 300 of the largest corporations in Canada (Gates, 1992, p. 25). Similar patterns prevail in the Prairie and Atlantic Regions. ...
Canadian Telecommunications: A History and Political Economy of Media Reconvergence
Canadian Journal of Communication, 1997
... were paying for "gold-plated" network designs that outstripped thei... more ... were paying for "gold-plated" network designs that outstripped their requirements, they were subsidizing big business (Melody, 1982, cited in ... For example, after approving Hollinger's takeover of Southam, which gave the company control over 40% of newspaper circulation, the ...
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