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Article #11265Re: vertical integration
From: Chad Dell
Date: Sat, 28 May 1994 16:18
Date: Sat, 28 May 1994 16:18
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The recent post on the increasing vertical integration of the film industry got me thinking about the FOX/New World stock transaction, where FOX acquired a 20% (non-voting) stake in New World Communications, and picked up 12 new affiliate broadcast stations in the bargain. What the mainstream press has yet to mention is how the deal furthers the vertical integration of Murdoch/FOX: New World, in addition to being a station group, owns production facilities (they were the producer of _Santa Barbara_), a syndicator (Genesis), a media research firm, and other media-related businesses. And with the virtual elimination of the fin/syn rules in 1995, the other major networks have even more incentive to become more fully vertically integrated. My suspicion is that as the US media/film conglomerates all become more fully vertically integrated and self-contained, the whole issue of the vertical integration of the industry will finally be revisited by the Justice Department. At minimum, as media scholars, we live in interesting times. And it makes the teaching of intro media courses increasingly challenging. Chad Dell Department of Communication Arts University of Wisconsin-Madison cedell@macc.wisc.edu
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 1056ca,e2dd1ffca42e16b6,start X-Google-Attributes: gid1056ca,public X-Google-ArrivalTime: 1994-05-29 03:18:22 PST Path: arc1-ca.pugleaf.net!gmd.de!nntp.gmd.de!Germany.EU.net!EU.net!howland.reston.ans.net!europa.eng.gtefsd.com!paladin.american.edu!auvm!MACC.WISC.EDU!CEDELL Comments: Gated by NETNEWS@AUVM.AMERICAN.EDU Newsgroups: bit.listserv.screen-l Comments: ******************************************************** Comments: * The following "Approved" statement verifies header * Comments: * information for gateway passage. No approval of the * Comments: * content is implied. * Approved: NETNEWS@AUVM.AMERICAN.EDU * Comments: ******************************************************** X-VMS-To: IN%"screen-l@ua1vm.ua.edu",CEDELL Message-ID: <24052811184302@vms2.macc.wisc.edu> Date: Sat, 28 May 1994 11:18:00 CDT Sender: Film and TV Studies Discussion List <SCREEN-L@UA1VM.BITNET> From: Chad Dell <CEDELL@MACC.WISC.EDU> Subject: Re: vertical integration Lines: 23