• The Pattern of Media Ownership in Malaysia (MONOPOLY)
The economics force and the media holds within a definite country are undeniably powerful as the media are literally being “consumed” by the citizens. The amount of content that were printed, broadcasted and published are abundant that the advertising enterprises starting capitalizing for profits. The media as result can be seen as a parts that made up of commercial and profit making business. As with any businesses, the media are weighed down by the issues of cost consumption, earnings and the ever changing of ownerships patterns. As the media company owns more forms of media chains, they will have a far reach towards the mind of audience. This in turn will lead up to the changing patterns
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Their arguments that since the news are a public good, the ownership of media have to be under the monopoly of states. They believe that commercial private media can very easily exclude those who do not have paid for the information and consequently due to their economic interests tend to expose less news and information. In Malaysia, privatization of the media is a current wonder. Missionimm1 (2011), the development of the media business was prodded by the New Economy Policy (NEP) taking after its usage in 1970, and the privatization arrangement was accepted occurred in the mid-1980s by the Mahathir …show more content…
The past is the major fused media resource assembles in Malaysia having 100 percent shares in all allowed to-air business TV slots organizations. It as well has a concentration in the News Straits Time Press (NSTP), one of the Malaysia 's prime distributing bunches that draw out a first daily paper. Notwithstanding that, Media Prima likewise reins two all around loved radio systems in the nation, specifically the Fly FM and Hot FM. The foundation of Media Prima was accepted the same as the indication the predictable result of an imposed media monopoly. Malaysia is silent on the phase of plurality. In adding together, at current, there is no cross media ownership rule restrictive whichever consolidation.
Okafor (2014) at one time or another in the history of most countries, media and information control has been a source of problem for governments around the world. Commonly, the difficulty of media have power over is linked with owner’s interest and penalizing laws that make it easier said than done for the media to carry out its constitutional functions exclusive of consent to or obstruction. These laws for the most part often comprise laws libel, sedition, defamation, official secrets and national