Media Convergence Essay

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Media converge and its major dimensions The definition of “convergence” is originally “the interlinking of computing and ICTs, communication networks, and media content that has occurred with the development and popularisation of the Internet, and the convergent products, services and activities that have emerged in the digital media space” (T Flew, 2008). Many economists consider this definition does not fully describe the scale and root nature of media convergence, since all aspects of our institutional and social life - from art (digital paintings and CG technology) to business (direct selling and consulting via AI assistant, E-commerce marketplace and digital payment), e-government platform to entertainment content providers and streaming …show more content…

These four dimensions will be discussed in following …show more content…

These changes are seen as contributors to the rising of a new "techno-economic paradigm" - which is defined as: "A cluster of inter-related technical, organizational and managerial innovations whose advantages are to be found not only in a new range of products and systems, but most of all in the dynamics of the relative Cost structure of all possible inputs to production (M Castells, 1996). The development of this techno-economic paradigm has influenced the technological basis of the process of content production and consumption; the business model and operating system of media firms and institutions; as well as related policy

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