The document discusses three academic ideas related to media industries:
- Curran and Seaton argue media is dominated by a small number of conglomerates who limit viewpoints. Despite online media, major organizations remain dominant.
- Livingstone and Lunt say regulation protects the public interest but is challenged by online global media.
- Hesmondhalgh also sees media dominated by conglomerates who rely on popular genres, stars and narratives to reduce risk.