Sunday, September 19, 2010

Media Economics

The economy drives everything in the U.S.A not just the media. Its importance in the media is incredible because it is constantly trying to hook consumers who buy or donate to them. For film studios such as Paramount Pictures, they rely on producing quality films. If no one has interest in seeing the film then the studio loses money, similarly with book publishers. Although a lot of money comes from customers the other portion comes from advertisers. As you see on TV or in newspapers and magazines, there’s almost as much advertisements as whatever you’re doing. The spaces the Ad’s take up all cost a certain amount of money, which boots the media. But the plus to spending money on Ad space is getting people interested in the product that is being advertised. The major problem with new technology, such as the internet, is that print media is running low on money because many people start to read online newspapers instead of buying papers.

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