De-convergence of Global Media Industries Convergence has become a buzzword, referring on the one hand to the inte- gration between computers, television, and mobile devices or between print, broadcast, and online media, and on the other hand, to the ownership of multiple content or distribution channels in media and communications. Yet while convergence among communication companies has been the major trend in the neoliberal era, the splintering of companies, de-convergence, is now gaining momentum in the communication market As the first com- prehensive attempt to analyze the wave of de-convergence of the global media system in the context of globalization, this book makes sense of those transitions by looking at global trends and how global media firms have changed and developed their business paradigms from convergence to de- convergence. Dal Yong Jin traces the complex relationship between media industries, culture, and globalization by exploring it in a transitional yet contextually grounded framework, employing a political-economic analysis integrating empirical data analysis. Dal Yong Jin is Associate Professor in the School of Communication at Simon Fraser University, Canada. Routledge Research in Cultural and Media Studies For a full list of titles in this series, please visit www.routledge.com 11 Writers’ Houses and the Making 21 Dynamics and Performativity of of Memory Imagination Edited by Harald Hendrix The Image Between the Visible and the Invisible 12 Autism and Representation Edited by Bernd Huppauf and Edited by Mark Osteen Christoph Wulf 13 American Icons 22 Cities, Citizens, and The Genesis of a National Visual Technologies Language Urban Life and Postmodernity Benedikt Feldges Paula Geyh 14 The Practice of Public Art 23 Trauma and Media Edited by Cameron Cartiere and Theories, Histories, and Images Shelly Willis Allen Meek 15 Film and Television After DVD 24 Letters, Postcards, Email Edited by James Bennett and Tom Technologies of Presence Brown Esther Milne 16 The Places and Spaces of 25 International Journalism and Fashion, 1800–2007 Democracy Edited by John Potvin Civic Engagement Models from Around the World 17 Communicating in the Third Edited by Angela Romano Space Edited by Karin Ikas and Gerhard 26 Aesthetic Practices and Politics Wagner in Media, Music, and Art Performing Migration 18 Deconstruction After 9/11 Edited by Rocío G. 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Hoofd Duchovnay 44 Generation X Goes Global Mapping a Youth Culture in 35 Art Platforms and Cultural Motion Production on the Internet Christine Henseler Olga Goriunova 45 Forensic Science in 36 Queer Representation, Visibility, Contemporary American and Race in American Film and Popular Culture Television Gender, Crime, and Science Melanie E. S. Kohnen Lindsay Steenberg 37 Artificial Culture 46 Moral Panics, Social Fears, and Identity, Technology, and Bodies the Media Tama Leaver Historical Perspectives Edited by Siân Nicholas and Tom 38 Global Perspectives on Tarzan O’Malley From King of the Jungle to International Icon 47 De-convergence of Global Media Edited by Annette Wannamaker Industries and Michelle Ann Abate Dal Yong Jin De-convergence of Global Media Industries Dal Yong Jin First published 2013 by Routledge 711 Third Avenue, New York, NY 10017 Simultaneously published in the UK by Routledge 2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN Routledge is an imprint of the Taylor & Francis Group, an informa business © 2013 Taylor & Francis The right of Dal Yong Jin to be identified as author of this work has been asserted by him in accordance with sections 77 and 78 of the Copyright, Designs and Patents Act 1988. All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers. Trademark Notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe. Library of Congress Cataloging in Publication Data Jin, Dal Yong, 1964– De-convergence of global media industries / Dal Yong Jin. pages cm. — (Routledge research in cultural and media studies ; 47) Includes bibliographical references and index. 1. Mass media—Management. 2. Mass media and business. I. Title. P96.M34J56 2013 302.23—dc23 2012039570 ISBN: 978-0-415-62343-8 (hbk) ISBN: 978-0-203-58803-1 (ebk) Typeset in Sabon by Apex CoVantage, LLC Contents List of Figures ix List of Tables xi Preface xiii 1 Introduction 1 PART I Convergence of the Global Media Industries 2 Media Convergence of the Global Media Industries 17 3 Transformation of the Global Broadcasting Industries 31 4 Transnationalization of the Advertising Industries 46 5 Convergence of the Movie Industries 62 PART II De-convergence of the Global Information Systems and Culture 6 Restructuring of the Global Telecommunications System 79 7 De-convergence of the Internet and Software Industries 94 8 De-converging Convergence in the Global Communication Industries 111 9 Convergence Versus De-convergence in News and Journalism 127 10 Conclusion 140 Notes 145 References 151 Index 165 Figures 2.1 Convergence in the Communication Industries, 1982–2009 (billions of dollars) 22 2.2 Cross-border Deals in the Communication Industry 26 4.1 Cross-border Deals in the Advertising Industry 54 5.1 Horizontal Integration of the Global Film Industry, 1982–2009 66 5.2 U.S. Cross-border Deals in the Movie Industries 68 6.1 Growth of Telephone Lines, 2000–2011 (in millions) 81 6.2 Global M&As in the Telecommunications Industry, 1982–2009 85 6.3 Cross-border Deals by U.S. Telecommunications Corporations 87 7.1 M&As in the Internet Services and Software Industry 99 7.2 M&As of Game Corporations in Other Software 101 8.1 Mega Communication M&As Among the Top 100 Deals Each Year 113 9.1 M&As in the Newspaper Industry, 1982–2009 (millions of dollars) 133