What is Media Globalization?

Globalization: is the establishment of a capitalist world economy, in which national borders are becoming less and less important as transnational corporations, existing everywhere and nowhere, do business in a global market (Storey, pg. 152).

 

 

Global Village: A phrase first coined by P. Wyndham Lewis but popularized by Marshall McLuhan in his book The Gutenberg Galaxy (1962). His book describes how electronic mass media collapse space and time barriers in human communication, enabling people to interact and live on a global scale. In this sense, the globe has been “shrunk” by modern advances in communications, turned into a village by the electronic mass media. McLuhan likened the vast network of communications systems to one extended central nervous system, ultimately linking everyone in the world (Wikipedia).

 

 

Media Globalization: The domination of the world communication and media industries by a handful of transnational corporations and economically organized around an advertising-based, commercial system.

 

 

Causes of Media Globalization: (McQuail, pg. 229)

 

 

Varieties of Global Mass Media: (McQuail, pg. 251)

 

 

Why do U.S. Products Dominate?

  1. English-language: competitive advantage of being created in English (first or second language of choice for almost all the developed world).
  2. Non-U.S. companies find it very difficult to compete with giant U.S. firms (like Time Warner, Disney) in terms of production, marketing and distribution.

    World Box-Office Share FQ1/2005

    World Box-Office Share by Country

 

 

The Meanings of Media Globalization: (McQuail, pg. 252)