FACULTY OF COMMUNICATION

Department of New Media and Communication

NMC 303 | Course Introduction and Application Information

Course Name
Media Industries
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
NMC 303
Fall
3
0
3
5

Prerequisites
None
Course Language
English
Course Type
Required
Course Level
First Cycle
Mode of Delivery face to face
Teaching Methods and Techniques of the Course Discussion
Case Study
Lecture / Presentation
Course Coordinator
Course Lecturer(s)
Assistant(s) -
Course Objectives This course aims to help students explore the ideas, structures and models of media as a business and economic activity
Learning Outcomes The students who succeeded in this course;
  • Explain the concepts of communication industries
  • Analyze the economic factors in media business
  • Discuss the evolution of media business since 2000
  • Define the business models in media
  • Evaluate the media as an ecosystem
  • Measure marketing outcomes making use of analytics tools
  • Utilize their media creation insight in content marketing
Course Description Today’s media business requires professionals to have a realistic grasp of the media as an economic activity, the business models and the new media ecosystem. This course will explore the transition from legacy media to new media structures defined by technology conglomerates. Students will learn about the global media ecosystem, how companies position themselves in the new market conditions and the shifts in ownership structures and new business models.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Introduction and requirements
2 The global media scene
3 Legacy media overview Technology overview
4 Internet and the digital disruption in media World Economic Forum Digital Transformation Initiative (2016) “Four Digital Trends Reshaping the Media Industry”, World Economic Forum, http://reports.weforum.org/digital- transformation/digital-trends-in-the- media-industry/
5 Technology companies and attention economy Joe Marchese (2019) “The Attention Economy Crisis: The Future of Content, Commerce and Culture”, Redef, https://redef.com/original/the-attention- economy-crisis-the-future-of-content- commerce-and-culture Joe Marchese (2020) “A Reading List for the Attention Economy”, Redef, https://redef.com/set/media-set- 1558471141068 Mike Mallazzo (2019) “What Venture Capital Got Wrong About Media”, Medium, https://medium.com/s/story/what- venture-capital-got-wrong-about-media- 16df57f46b26
6 Media as an ecosystem Pepe Cerezo (2018) The New Digital Media Ecosystem, Evoca, http://evocaimagen.com/dosieres/dosier -evoca-02-en.pdf Tal Shachar and Matthew Ball (2016) “Age of Abundance: How the Content Explosion will Invert the Media Industry”, Redef, https://redef.com/original/age-of- abundance-how-the-content-explosion- will-invert-the-media-industry
7 Components of the current media system “Content is the king” Deloitte, “Digital Media Trends Survey”, 14th edition, Deloitte Surveys, 1.https://www2.deloitte.com/us/en/insigh ts/industry/technology/digital-media- trends-consumption-habits-survey.html 2.https://www2.deloitte.com/content/da m/insights/us/articles/6456_digital- media-trends-covid/DI_Digital-media- trends-14th-edition.pdf PWC (2020) “Video Streaming Shakeup”, PWC, https://www.pwc.com/us/en/services/con sulting/library/consumer-intelligence- series/consumer-video-streaming- behavior.html, https://www.pwc.com/us/en/services/con sulting/library/pdf/consumer-video- streaming-behavior.pdf
8 Streaming wars Matthew Ball (2018) “Netflix Is a Product & Technology Company (Netflix Misunderstandings”, (Pt1 https://redef.com/original/netflix- misunderstandings-pt-1-netflixs-content- budget-is-bigger-than-it-seems and Pt. 2 https://redef.com/original/netflix- misunderstandings-pt-2-netflix-is-a- product-technology-company) Matthew Ball (2020) “The Flaws of "Subscription Fatigue", "SVOD Fatigue", and the "Streaming Wars", Matthew Ball VC, https://www.matthewball.vc/all/misnome rs
9 Legal / mergers and acquisitions TBA
10 Media and marketing Content marketing Rebecca Lieb (2017) “How to use native advertising effectively”, WARC, https://www.warc.com/content/article/be stprac/how-to-use-native-advertising- effectively/113216 “The Future of Advertising”, https://www2.deloitte.com/us/en/pages/c onsulting/solutions/future-of- advertising.html Ava Sirrah (2019) “Guide to Native Advertising”, Tow Center Reports, https://www.cjr.org/tow_center_reports/n ative-ads.php
11 Business models in media Matthew Ball (2020) “Digital Theme Park Platforms: The Most Important Media Businesses of the Future”, Matthew Ball VC, https://www.matthewball.vc/all/digitalthe meparkplatforms Innovation Media Consulting (2020) “Emerging New Business Models for Media”, Innovation in News Media 2019- 2020 World Report, https://innovation.media/newswheel/em erging-new-business-models-for-news- media
12 Marketing strategy and strategic plan TBA
13 Understanding measurement, analytics and insights Brent Merritt (2017) “A Brief History of Media Measurement”, https://medium.com/@brentmerritt/a- brief-history-of-media-measurement- f1f28aa807ce Christopher Crawford (2020) “Social Media Analytics The Complete Guide”, Socialbakers, https://www.socialbakers.com/blog/socia l-media-analytics-the-complete-guide
14 Data science, content and marketing Deloitte (2019) “Digital Transformation Through Data”, Deloitte Perspectives, https://www2.deloitte.com/us/en/pages/c onsulting/articles/digital-transformation- through-data-for-news.html
15 Review of the semester
16 Final Exam

 

Course Notes/Textbooks
Suggested Readings/Materials

Deloitte Telecom Media and Entertainment:
https://www2.deloitte.com/us/en/insights/industry/telecommunications.ht
ml
Redef Originals: https://redef.com/originals
WARC: https://www.warc.com/
Matthew Ball VC: https://www.matthewball.vc/
Benedict Evans: https://www.ben-evans.com/
Reuters Institute: https://reutersinstitute.politics.ox.ac.uk/
Nieman Lab: https://www.niemanlab.org/
PWC Consumer Intelligence Series:
https://www.pwc.com/us/en/services/consulting/library/consumer-
intelligence-series.html

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
1
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Portfolio
Homework / Assignments
1
40
Presentation / Jury
1
20
Project
Seminar / Workshop
Oral Exams
Midterm
Final Exam
1
30
Total

Weighting of Semester Activities on the Final Grade
3
70
Weighting of End-of-Semester Activities on the Final Grade
1
30
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: '.16.' x total hours)
16
0
Study Hours Out of Class
14
4
56
Field Work
0
Quizzes / Studio Critiques
0
Portfolio
0
Homework / Assignments
1
20
20
Presentation / Jury
1
5
5
Project
0
Seminar / Workshop
0
Oral Exam
0
Midterms
0
Final Exam
1
20
20
    Total
149

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To be able to critically discuss and interpret the theories, concepts and ideas that form the basis of the discipline of new media and communication.

2

To be able to critically interpret theoretical debates concerning the relations between the forms, agents, and factors that play a role in the field of new media and communication.

X
3

To have the fundamental knowledge and ability to use the technical equipment and software programs required by the new media production processes.

4

To be able to gather, scrutinize and scientifically investigate data in the processes of production and distribution.

5

To be able to use the acquired theoretical knowledge in practice.

X
6

To be able to take responsibility both individually and as a member of a group to develop solutions to problems encountered in the field of new media and communication.

7

To be informed about national, regional, and global issues and problems; to be able to generate problem-solving methods depending on the quality of evidence and research, and to acquire the ability to report the conclusions of those methods to the public.

X
8

To be able to critically discuss and draw on theories, concepts and ideas that form the basis of other disciplines complementing the field of new media and communication studies.

9

To be able to develop and use knowledge and skills towards personal and social goals in a lifelong process.

10

To be able to apply social, scientific and professional ethical values in the field of new media and communication.

11

To be able to collect datain the areas of new media and communication and communicate with colleagues in a foreign language ("European Language Portfolio Global Scale", Level B1).

12

To be able to speak a second foreign language at a medium level of fluency efficiently.

13

To be able to relate the knowledge accumulated throughout the human history to their field of expertise.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest

 


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