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Old media institutions are centralized and communicate with one-way technologies to a generally anonymous mass audience.[4][5] By definition, it is often contrasted with new media, which are typically computer or smartphone-based media that are interactive and comparatively decentralized, enabling people to telecommunicate with one another peer-to-peer or through social media platforms,[6] with mass use and availability through the Internet.[7]
Old media companies have diminished in the last decade with the changing media landscape, namely the modern reliance on streaming and digitization of formerly analog content,[8] and the advent of simple worldwide connection and mass conversation.[7] Old media, or "legacy media" conglomerates include Disney, Warner Media, ViacomCBS, Bertelsmann Publishers, and NewsCorp., owners of Fox News and Entertainment, and span from books to audio to visual media.[9] These conglomerates are often owned and inherited between families, such as the Murdochs of NewsCorp.[10] Due to traditional media's heavy use in economics and political structures, it remains current regardless of new media's emergence.[7]
^Schorr, Angela (2003). "Interactivity: The New Media Use Option—State of the Art". In Schorr, Angela; Schenk, Michael; Campbell, William (eds.). Communication Research and Media Science in Europe: Perspectives for Research and Academic Training in Europe's Changing Media Reality. Mouton de Gruyter. p. 57. OCLC954099068. Retrieved 23 April 2017 – via Google Books.
^ abcMcQuail, Denis (1983). McQuail's Mass Communication Theory (6th ed.). London: Sage. pp. 136–138. ISBN978-1-84920-291-6.
^Wolff, Michael (2017). Television is the New Television: The Unexpected Triumph of Old Media in the Digital Age. Penguin. pp. 96–103. ISBN9780143108924.
^Hanson, Ralph E (2022). Mass Communication: Living in a Media World (8th ed.). Los Angeles: Sage. pp. 56, 67, 73. ISBN9781544382999.
^Folkenfilk, David (2013). Murdoch's World: The Last of the old Media Empires (1st ed.). New York: Public Affairs. pp. 280–282. ISBN9781610390897.