Rupert Murdoch… it can’t ignored that he had and
still does have an outstanding influence over print, television and media. As
well as the ability to foresee the way of the future and act accordingly.
But sadly with the explosion of the Internet in
the past ten or so years, it has had a negative impact on print media. It has
meant that Newspaper and print are slowly dying out and loosing the frequent readability
by the population. Through use of the Internet people have turned to social
media and in particular the vastly popular site- Facebook.
Created by Mark Zuckerberg, Facebook in less than
ten years has jumped to become one the most well known and frequently visited
sites globally. And its growth does not appear to be slowing any time soon,
with more room to grow and expand.
Having 526 million people logging onto Facebook on
a daily basis[Bullas,2012],
means 526 chances of exposure the individuals all around the globe to whichever
means possible. Steven supports this statement saying that ‘…Especially TV, Radio and internet enjoy
significant economics of scale, so that it becomes very cheap or of no cost at
all to reach more customers’.[steven,P,2003]Depicting that newspapers and print are a more costly way to reach
customers and with less frequency. My global media empire would be based on the
Internet and Facebook as it is a way of the future and has access to an
ever-increasing large amount of the globe’s population.
[1] Bullas, J, 2012, ‘20 Interesting Facts, Figures and
Statistics Revealed by Facebook’, http://www.jeffbullas.com/2012/04/30/20-interesting-facts-figures-and-statistics-revealed-by-facebook/#Qmym6JArQKm7Urhk.99
[2] Steven, P 2003, ‘Political economy: the howling, brawling,
global market place’, The
no-nonsense guide to the global media, New Internationalist, Oxford,
pp. 57