Media Ownership Patterns
Admin March 06, 2017 Media Management
The media that exists in our Country is heavily
influenced by the ownership form it takes. There are a
number of factors – such as content distribution, profits
etc. There exist some very basic ownership Patterns.
Individual Ownership Pattern – In this kind of
partnership, the Individual has control, which allows
him to take decisions for the company. Therefore, he
takes responsibility for all the Policy – making decisions
and is also accountable for them. It is best suited for
small-scale media houses, be it newspaper or news
channel. An example of this are the Local Evening
Newspapers that usually follow this kind of ownership
control. The News Today is a daily English Newspaper
that is printed out of Chennai. It covers news, politics,
economy and travel.
[Advantages] In this kind of ownership, power comes
in the form of individual and absolute control, which
gives the person more secrecy in options. Along with it,
the individual can make decisions at his own pace
(which is usually fast) and is naturally more connected
with the content and the newspaper.
[Disadvantages] However, the secrecy stops the
employees from any kind of democratic participation.
The owner becomes liable for the debts and losses and
the rate of success depends entirely on his ability. There
is less scope for expansion and unlimited responsibility.
Partnership Ownership Pattern - As per the
Partnership act 1932, Partnership is defined as ‘ the
relationship between persons who have agreed to share
profits of a business carried on by all or any of them
, acting for all. The minimum limit is 2 partners while the
maximum is set to 20 partners. There are 2 kinds of
partnership – General and Limited. In India, Red Chilies
Entertainment is an example of Partnership. It is a
motion picture production and distribution company, it
is headed by Shah Rukh Khan and Gauri Khan and
operates under various divisions like Film Production,
VFX, Television shows, TVC production and the IPL
Team, KKR. Sanjiv Chawla is the executive producer
while SRK and Gauri are the chairman and chairwoman
respectively. Venky Mysore took over the CEO a few
years back.
[Advantages] In this kind of partnership,
responsibility, maintenance and operation cost can be
divided. People with different talents come together and
pitch in their ideas and solutions which helps in the
growth of the company and also sets a democratic
environment for all.
[Disadvantages] In a partnership, selfish motives of a
partner might harm the firm. Lack of unity and
misunderstandings might lead to losses after which each
partner will have to incur and pay back his share of debt.
Also, there are chances of a partnership/ business
getting discontinued after the death of any partner.
Corporation – It is the one of the most common forms
of ownership pattern. The minimum numbers that can
be a part of it are 5. It is an association of individuals
under the authority of the law, which has a continuous
existence independent of the existence of its members
and powers and liabilities distinct of its members. The
BBC group is an example of a corporation. They are
spread across web portals, television and radio.
Increasing capital can easily expand operations and
Admin March 06, 2017 Media Management
The media that exists in our Country is heavily
influenced by the ownership form it takes. There are a
number of factors – such as content distribution, profits
etc. There exist some very basic ownership Patterns.
Individual Ownership Pattern – In this kind of
partnership, the Individual has control, which allows
him to take decisions for the company. Therefore, he
takes responsibility for all the Policy – making decisions
and is also accountable for them. It is best suited for
small-scale media houses, be it newspaper or news
channel. An example of this are the Local Evening
Newspapers that usually follow this kind of ownership
control. The News Today is a daily English Newspaper
that is printed out of Chennai. It covers news, politics,
economy and travel.
[Advantages] In this kind of ownership, power comes
in the form of individual and absolute control, which
gives the person more secrecy in options. Along with it,
the individual can make decisions at his own pace
(which is usually fast) and is naturally more connected
with the content and the newspaper.
[Disadvantages] However, the secrecy stops the
employees from any kind of democratic participation.
The owner becomes liable for the debts and losses and
the rate of success depends entirely on his ability. There
is less scope for expansion and unlimited responsibility.
Partnership Ownership Pattern - As per the
Partnership act 1932, Partnership is defined as ‘ the
relationship between persons who have agreed to share
profits of a business carried on by all or any of them
, acting for all. The minimum limit is 2 partners while the
maximum is set to 20 partners. There are 2 kinds of
partnership – General and Limited. In India, Red Chilies
Entertainment is an example of Partnership. It is a
motion picture production and distribution company, it
is headed by Shah Rukh Khan and Gauri Khan and
operates under various divisions like Film Production,
VFX, Television shows, TVC production and the IPL
Team, KKR. Sanjiv Chawla is the executive producer
while SRK and Gauri are the chairman and chairwoman
respectively. Venky Mysore took over the CEO a few
years back.
[Advantages] In this kind of partnership,
responsibility, maintenance and operation cost can be
divided. People with different talents come together and
pitch in their ideas and solutions which helps in the
growth of the company and also sets a democratic
environment for all.
[Disadvantages] In a partnership, selfish motives of a
partner might harm the firm. Lack of unity and
misunderstandings might lead to losses after which each
partner will have to incur and pay back his share of debt.
Also, there are chances of a partnership/ business
getting discontinued after the death of any partner.
Corporation – It is the one of the most common forms
of ownership pattern. The minimum numbers that can
be a part of it are 5. It is an association of individuals
under the authority of the law, which has a continuous
existence independent of the existence of its members
and powers and liabilities distinct of its members. The
BBC group is an example of a corporation. They are
spread across web portals, television and radio.
Increasing capital can easily expand operations and
