Exam 10: Global Issues, Music, and MTV

Most foreign nations, with significantly smaller audience bases, are unable to compete with the expensive high-quality production values of the US dramatic television programming.

The move toward a free virtual jukebox has been altered, as both UMG and Sony have become shareholders in format firms and have now established a fee structure.

The five leading nations in terms of global music sales are the United States, Japan, Germany, England, and France.

Political consultants are now being hired by world leaders for what reason?

To avoid import restrictions on media buys, it is a good strategy for US companies to:

The cost of prime time episodes is now _______ the equivalent cost from a decade ago.

Since the end of the Vietnam War the export sales of aerospace industries have decreased.

One factor making the new media offerings so attractive is the many channels to choose from.

The Big Four music companies have 80% of the world market share; all other companies compete for the remaining 20%.

The four major international music industry players include all EXCEPT _____.

Disgruntled veteran artists can have a negative effect on recruiting new talent to the Live Nation Entertainment label.

The three leading regions in terms of sales are the United States, Europe, and India.

______ provides an outstanding example of the extent to which a country is willing to use tax revenues to subsidize media productions.

English is the dominant language in the music industry with one notable exception:

Universal Music Group is a French owned, New York-based company who is the leader in the Latin music industry.

Consolidation sometimes strengthens non-US Company's overall market share.

Universal Music Group was owned by what liquor giant?

Discuss the international music industry and the major stakeholders.

Major US networks have been reduced to less than 50% of total prime time audience why?

Today Hollywood reaps how much of its profits from offshore markets compared to the 1980's?