Thursday, May 17, 2007

Accelerated Reorganization in Media Industry, Thomson Purchased Reuters. How about Japan's Media Industry?

Hi there!! What up? Raining outside here... It's 6:40 pm here in Japan. All right, here is the second post today:

Internationally famous broadcasting news agency, Reuters, was bought by Thomson Corp in Canada. It seems that active reorganizations in media industry are accelerating in United States and Euro. Internet development is one of the big reasons to move the situation. So, how about in Japan?

Some Japan media picked up this buyout in their editorials talking about the importance of trust in media. It's true that media is very influential vehicle that can even lead citizens to directions that controllers can decide. Therefore, high ethics is essential as the editorials talked. However, Japan media will seldom reflect what they are doing. Yes, they ignore their internal matters.

Japan media, especially newspaper companies start to suffer from decreasing sales of newspapers, too. The symptom is strongly shown in youngsters who are accustomed to using internet. So, they start to cheat the number of sales in newspapers giving the burden to distributors who are quite powerless to the headquarters. Yep, ads revenue is their lifeline.

Trust is important, but people in Japan media are obstinately resistant to the new trend in order to protect their own profits. Therefore, the price of newspapers in Japan has been kept very expensive until now.

In addition, there are some unreasonable systems that newspaper companies have been covetously gripping.

Well, it will be too long to write all about it...Maybe, next time or in the near future, I will write the series of this article.

I want to say that Japan media will be unable to say such a word, "trust is important" for Reuters without looking inside of them straight.


Thank you for visiting <(_ _)> and Have a great day!!

P.S. I am listing my debut volume, "Falling Japan ~On The Verge of Bankruptcy and Destruction" on ebay. Please take a look at the auction page.

2 comments:

marcchabot said...

in 1984 the american tv network ABC aired a show (with Peter Jennings) and said something that really displeased the CIA

so they put a lot of pressure on the ABC chairman, but he stood strait and didn't bow to them

the CIA tried to shut ABC down by wanting to have their tv and radio licence revoked

in the end, the CIA used one of their own media (Capital Cities own by CIA director William Casey) to buy ABC

so, because they could not control this tv network at a distance like others, the CIA just bough it!

Pidnny said...

Hi marcchabot! How've you been? Thanks a lot again for leaving the interesting story!!

I respect the chairman of ABC who didn't surrender to the authority. That kind of resistance cannot be seen in Japan media at all.

I hate that kind of power that CIA used. They have to recall why they were born. Of course, I believe that they were not born to be violent. It's far from the ideal growth of human beings.

Thank you very much for your time and have a peaceful day!!