Business of Media
Overview
This unit explores the social, ethical and practical dimensions of media as an economic activity. The unit uses a series of case studies to investigate the diversity of business models that underpin traditional and emerging forms of media, and examines how the media functions with respect to other social, political and economic institutions. Students will be introduced to a range of skills and concepts that are crucial to understanding and operating within contemporary media businesses.
Requisites
09-February-2025
05-October-2025
Learning outcomes
Students who successfully complete this unit will be able to:
- Apply skillsets required for working in media and communications professions to the analysis of key business models within the industry
- Analyse a contemporary media sector and evaluate the impact of current trends in media consumption
- Develop a proposal for a new media product and/or service, based on established media business principles
- Evaluate the current market conditions affecting media organisations
Teaching methods
Hawthorn
Type | Hours per week | Number of weeks | Total (number of hours) |
---|---|---|---|
On-campus Class | 2.00 | 12 weeks | 24 |
Online Learning activities | 1.00 | 12 weeks | 12 |
Specified Activities Various | 4.50 | 12 weeks | 54 |
Unspecified Activities Various | 5.00 | 12 weeks | 60 |
TOTAL | 150 |
All Applicable Locations
Type | Hours per week | Number of weeks | Total (number of hours) |
---|---|---|---|
Online Directed Online Learning and Independent Learning | 12.50 | 12 weeks | 150 |
TOTAL | 150 |
Assessment
Type | Task | Weighting | ULO's |
---|---|---|---|
Assessment | Individual | 30% | 1,4 |
Essay | Individual | 30% | 1,2,3,4 |
Research Proposal | Group | 40% | 1,2,3,4 |
Content
- Media economics
- Business models for media
- Understanding the audience
- Ownership and the politics of media control
- Challenges and opportunities in Social Media
- Disruptive Innovation
- Trends in media personalization
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.