Thursday, October 20, 2011
Mike Carreon - Internet Radio Royalties
Pandora Radio
The beginning of my presentation will give a brief overview of the characteristics of terrestrial radio and Pandora internet radio. It will give the audience an idea of how the two radio forms are different and how Pandora has evolved from terrestrial radio.
Next I will discuss what Pandora is and how they got their name. This will give the audience a general break down of the structure of the company and the purpose the wish to fulfill. I will also look at the different mediums you can access Pandora on and how they appeal to the digital age. Smart Phone apps are one of the most common digital mediums that Pandora uses to reach their target listeners.
I will also discuss how Pandora generates revenue. Advertising is the predominant revenue sources for Pandora. The Advertisers take the information listeners give to Pandora to create ads that appeal to their information. There are also subscriptions available for purchase that allows Pandora to regulate go gains full access to their site. I will also address the fact that Pandora isn’t profitable because of royalty fees.
Lastly I will Define the Music Genome Project and how they are the key factor that makes Pandora so unique. This project has created a narrowcast by developing playlist to adhere to the listeners particular genre or artist interest.
To conclude I will state how Pandora is shaping the way for future radio and how the ability to personalize radio stations to the listeners musical interest will allow them to grow.
The discussion questions will relate the conformity of terrestrial radio and why listeners are attracted to internet radio.
Satellite Radio- Sirius XM merger
Today in class, October 20, I will be discussing the law and policy issues related to the Sirius and XM satellite radio merger of 2008. The question of the week is about older media serving as a template for a wireless culture. Satellite radio does this because it brings the older form of media, radio, into the wireless/digital culture by providing a way for listener’s to pick the stations of music they most enjoy. Radio has transformed greatly since its first existence in 1896 with Marconi’s wireless telegraph and Morse code. It then became popular as a form of entertainment and extended further into the creation of AM and FM stations. Like we discussed in class, radio turned into a money- making industry where competition is fierce. Then in the early 2000’s, satellite radio made its introduction into the radio industry. Sirius and XM were two satellite radio providers, but neither was doing particularly well. In 2007, they decided to begin the process to merge into one hopefully successful company. The merger brought issues of monopolies and lack of competition to the satellite radio industry. There were people on both sides, for and against the merger. Ultimately the merger was approved by the Department of Justice and later the FCC. It was proven that the merger would not result in a monopoly, because of the popularity of iTunes and Internet radio, there would still be competition in the market. The merger brought about profits for the now named Sirius XM Radio. The company did have to pay fees on violations and the merger had stipulations. Since the merger, the company has proved successful, much to the fact that they made headway into the automotive industry by having their service already installed in most vehicles.
Thursday, October 13, 2011
News of the World
Wednesday, October 12, 2011
Twitter: A New Form of News
Sunday, October 2, 2011
Disney and Globalization
In class on the 29th of September, a clear image of globalizations effects on The Walt Disney Company was shown and successfully discussed. The purpose of the study was to provide the class with an example of how globalization has shaped media or industry. Through Disney's use of content and mediums, the class was able to see how the company has responded to a continuously globalizing industry.
The class discussion on whether Disney was aiming towards global imperialism or just trying to appeal to a more extensive audience was interesting. Most of the students felt that Disney was just trying to appeal to a broader audience while keeping intone with American ideologies.
I was surprised more did not have something to say about the government using Disney as a source of propaganda. Here is a link I found very interesting. The scholarly article voices the opinions of a few critics of Disney, and it’s use of propaganda:
I hope I successfully showed two key ways in which globalization has shaped Disney. Also, how the medium can be just as important as the content in these cases. As McLuhan famously said, “The medium is the message.”
As for the question of the week: “How does globalization shape media products and industry?” I believe there are a variety of ways in which this is obvious. Globalization forces companies to be more diverse in their media products and marketing techniques. They also need to be accessible to a larger audience. Having a diverse selection of media outlets is one way in which to do so. For example, radio station, print publications, TV shows, etc. Using new and old media because not everyone has access to the new.
Lastly, I would like to thank the class for their input in the class discussion and their attention during my presentation.