Wednesday, 24 February 2016
Tuesday, 9 February 2016
What kind of media institution might distribute your media product and why?
What kind of media institution might distribute your media product and
why?
I feel that Time Inc. would be the best publishing company
for my magazine as they are one of the top publishers in the world. They have the
required experience in the music field as they currently publish NME magazine.
NME is more of a general music magazine which caters for all genres. My
magazine is targeted at slightly more of a niche market but the genre is still
very popular nonetheless and should sell well under the promotion of Time Inc.
as the target audience is still a very large group. Part of the reason I have
chosen Time Inc. is because they are a recognizable name and stores will
immediately sell their products because they have a reputation when it comes to
producing magazines. This increases our access to bigger stores such as Tesco
and Asda. A disadvantage of siding with a larger company like Time Inc. is that
they would probably be quite controlling in regards to the magazine. They know
what they are doing though as they have had so much success in the past.
Another advantage of them being so big is that they would bring the opportunity
to cross-promote through their other products which would only be beneficial
for us as they are a well-known company and have some major names under their
brand such as NME, Time and Sports Illustrated. Time Inc. would also sell an
online version of the magazine and be able to gain some sponsorships to promote
the magazine. If the magazine takes off under Time Inc.’s leadership the
potential is there to create some synergy such as a TV music channel or an
awards show.
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