Who owns IPC media?
IPC media is owned by Time inc, the publishing division of Time Warner inc. The business is split into five distinct publishing divisions; IPC connect, IPC inspire, IPC ignite, IPC southbank and IPC TX. Alongside those is marketforce, the UK's leading magazine distribution business.
What other entertainment interests does this company own?
Time Warner inc have other entertainment interests such as, extension to online, television, cable VOD, satellite radio, mobile devices. IPC connect publishes some of the biggest magazine brands in the womenes weeklies sector, while IPC ignite aims to be the leading media player in the key men's sector of lifestyle and entertainment. IPC inspire is the biggest individual divsion in IPC media. It provides magazines and websites and events for a massive range of specialist interests. Marketforce is the UK'S leading newstrade and sales and distubution company, which is succesfully marketing 23% of the total magazine category. IPC southbank focuses on two key markets, women's lifestyle and home interests. Finally, IPC TX is at the heart of British television.
What might this company have bought IPC media?
Time warner is a global leader in the media business. Time warner focuses on entertainment with businesses in television networks, filmed enteratinment, publishing and brands to create, content worldwide. They have created many films through warner bros such as, harry potter. Time warner also connect with AOL. So buying IPC media the company would have benefited by having a different aspect of media into their company. IPC media can bring them many more sales, via the magazine industry. IPC media also covers most of the population from women's magazines to men's magazines.
Are there potential drawbacks for the consumer/society when big corparations own a large share of the media market?
There could be some potential drawback for the consumer when big corparations take over the media market. Smaller consumers and magazine industries will definately have many drawbacks because of this. Big corparations will gain more money and customers than the smaller corparations.
Wednesday, 9 December 2009
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