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Key Theory 14- The Cultural Industry- David Hesmondhalgh

The cultural industry- The idea that the radical potential of the internet has been contained to some extent by its partial incorporation into a large, profit-orientated set of cultural industries.

 Horizontal Integration- Horizontal integration is the process of a company increasing production of goods or services at the same part of the supply chain. A company may do this via internal expansion, acquisition or merger. The process can lead to monopoly if a company captures the vast majority of the market for that product or service.

 Vertical Integration- The combination in one firm of two or more stages of production normally operated by separate firms.

 Conglomeration- The formation of a large company by the merging of separate and diverse small firms. Media conglomerate is a large company or corporation formed by merging of different small media outlets such as TV, radio, newspapers, and internet.

 A conglomeration limits the media industry to a strict format for their media products and as a result tend to repeat a similar story line and development of characters because they are unable to take big risks when it comes to their products so as not to lose profit or audience viewings. 

Canal+ 

Ideology?
With the slogan of Canal+ stating Créateur et original depuis 1984. (Creator and original since 1984) it's fair to say that they believe in creating original media productions for their audience. 

Funding?
Mergers and acquisitions (M&A) A general term used to describe the consolidation of companies or assets through various types of financial transactions, including mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions.

 Scheduling?
Spiral
Since 2005

 The Returned
2012 – 2015

 Versailles
2015 – 2018

 Braquo
2009 – 2016

 Maison Close
2010 – 2013

 Ownership?
Canal+ Group. Vivendi

 Notable releases?
StudioCanal's most notable productions from its early years include the original Rambo trilogy, Terminator 2: Judgment Day, JFK, Basic Instinct, Cliffhanger, Under Siege, Free Willy, Pulp Fiction, the original Stargate movie and the Kill Bill films.

 Ethos?
The original function was to focus on French and European productions, but later made strategic deals with American production companies.

 Conglomeration?
Canal+ is a French premium television channel who are owned by Canal+ Group. Canal+ Group is the leading French audiovisual media group and a top player in the production of pay-TV and theme channels and the bundling and distribution of pay-TV services. In turn Canal+ Group are owned by Vivendi. Vivendi is a French mass media conglomerate. The company has activities in music, television, film, video games, book publishing, telecommunications, tickets and video hosting service.

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