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  3. The most noticeable trend among today’s media companies is vertical integrat

The most noticeable trend among today’s media companies is vertical integrat

游客2025-03-19  8
问题     The most noticeable trend among today’s media companies is vertical integration—an attempt to control several related aspects of the media business at once, each part helping the other. Besides publishing magazines and books, Time Warner, for example, owns Home Box Office (HBO), Warner movie studios, various cable TV systems throughout the United States and CNN as well. The Japanese company Matsushita owns MCA Records and Universal Studios and manufactures broadcast production equipment.
    To describe the financial status of today’s media is also to talk about acquisitions. The media are buying and selling each other in unprecedented numbers and forming media groups to position themselves in the marketplace to maintain and increase their profits. In 1986, the first time a broadcast network had been sold, two networks were sold that year—ABC and NBC.
    Media acquisitions have skyrocketed since 1980 for two reasons. The first is that most big corporations today are publicly traded companies, which means that their stock is traded on one of the nation’s stock exchanges. This makes acquisitions relatively easy.
    A media company that wants to buy a publicly owned company can buy that company’s stock when the stock becomes available. The open availability of stock—these companies means that anybody with enough money can invest in the American media industries, which is exactly how Rupert Murdoch joined the media business.
    The second reason for the increase in media alliances is that beginning in 1980, the Federal Communications Commission (FCC) gradually deregulated the broadcast media. Before 1980, for example, the FCC allowed one company to own only five TV stations, five AM radio stations, and five FM radio stations; companies also were required to hold onto a station for three years before the station could be sold. The post-1980 FCC eliminated the three-year rule and raised the number of broadcast holdings allowed for one owner. This trend of media acquisitions is continuing throughout the 1990s, as changing technology expands the market for media products.
    The issue of media ownership is important. If only a few corporations direct the media industries in this country, the outlets for differing political viewpoints and innovative ideas could be limited. [br] Which of the following is true of the media?
选项 A、They used to sell and buy each other in great numbers.
B、They are trading each other in greater numbers today.
C、They used to be controlled by two networks—ABC and NBC.
D、They have stopped the trend of acquisitions in the 1990s.
答案 B
解析 本题是一道判断是非题。问下面哪个关于传媒业的说法是正确的。文章第二段指出，谈论今天传媒公司的经济状况就等于谈论兼并。目前，传媒公司正在以前所未有的数量相互出售，组成传媒集团，在市场上站稳脚步，以使其能保持获利水平或增加盈利。因此，本题的正确答案应是B“它们今天正在更加大量地兼并”。这里trade each other不是相互做买卖，而是“相互出售自身”，即相互兼并。A“它们曾大量兼并”，C“它们曾被两个传媒网——ABC和NBC所控制”，D“它们在90年代停止了兼并的趋势”，这三个选项都不符合原文内容，因此都是错误选项。
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