Friday 14 January 2011

Concerns of Media Institutions about WeMedia in their respective areas.

The most important concern of Media institutions regarding WeMedia in their Areas, I imagine would simply be rivalry. Take for instance a local newspaper. If a few independent journalists and photographers start writing and distributing their own little informative paper, then the main thing the larger newspaper would be interested in would be; the quality of their reporting and photographs, the number of papers that they are distributing, the areas in which they are distributing the paper, how they are distributing it and possibly most importantly how much they are charging for it.
These things are almost guaranteed to be less than the Larger paper. But perhaps the WeMedia paper has better journalism, better pictures and it costs nothing. then the Larger paper would have to assess their situation, see how much this effects them and act accordingly using what assets they have. Of course this applies everywhere in all media institutions like television, music, film, etc.
So in conclusion Rivalry covers all concerns of media institutions about WeMedia in their area.
 

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