The third part of the text presents case research on cultural tourism and discusses the purpose at which cultural traditions and rituals are transformed into leisure for public consumption. Part Four considers when competition turns into performance, as manifested on the global cultural stage that is the Olympic Games. Competition as entertainment is also examined throughout the context of faculty sports activities, and actuality programming.
The top 10 media and leisure companies are The Walt Disney Company, 21st Century Fox, Direct Group Holdings (DIRECTV), Time Warner Inc., NBC Universal, National Amusements Inc., CBS Corporation, Viacom Inc., News Corporation, and TEGNA Inc. The U.S. media and leisure trade contributes greater than $632 billion to the financial system and represents a 3rd of the worldwide industry. The entertainment industry (informally generally known as present business or show biz) is a part of the tertiary sector of the economy and includes many sub-industries devoted to leisure. However, the time period is commonly used within the mass media to explain the mass media corporations that management the distribution and manufacture of mass media entertainment.
Seven major studios management more than eighty% of whole film business revenue, led by Disney (18.2%), NBCUniversal (sixteen.four%), Time Warner (sixteen.2%); 21st Century Fox (12.9%) and Sony (12.1%). The monetary trade as a complete earns a large chunk of revenue as a proportion of revenue, making it one of many highest profit margin industries. Sageworks, a financial analyst company for privately held corporations, revealed tax preparation, accounting and payroll companies … Read More