Tuesday, December 24, 2019

Racism Is A Relic Of The Past - 1102 Words

In recent years the #blacklivesmatter movement has been effective in bringing attention to anti-black racism in America; however, the commonly held understanding of racism, in particular how it is executed and its consequenses on the black community, has not evolved much from the past. News outlets and social media seems to present a thorough definition of racism and its consequences; racism is a white police officer beating or shooting a black teen, a white presidential candidate spewing racial slurs during his campaign or perhaps it looks like a white cooking show TV host who admits to having used the n-word. Media is prepared to bring up conspicuous prejudice and discrimination every time it occurs; perpetuating the thought that generally racism is a relic of the past. However, contemporary manifestations of racism and its effects are much more complex and deep than the depiction of racism in media suggests. Albeit race relations have amended significantly since the last century, racism persists as a subtle indoctrination even within the black community. â€Å"The blacker the berry the sweeter the juice† is a saying commonly used within the African-American community reflecting these indoctrinations. Although the origin of the phrase is unclear, the saying can be traced back to the novel The Blacker The Berry: A novel of negro Life written by Wallace Thurman in 1929. Thurman was one of the first to use the saying as a way to straightforwardly speak on the issues of colorismShow MoreRelatedOppression : Racism And Sexism949 Words   |  4 PagesOppression thrives in America because a majority of its citizens believes forms of oppression such as racism and sexism are relics of the past. What they do not know is that instead of disappearing, racism and sexism have just become so normalized in the United States to the point where people see them as just parts of everyday life. Institution are the rules and establishments put in place to help regulate p eoples’ life on a social and global scale. White, straight men have been creating these institutionsRead MoreRacism Against The Irish Racism861 Words   |  4 Pagesinvestigate how racism against the Irish in Britain has changed since the nineteenth century to the modern day, and these causes of the initial prejudices and how they adjusted over time. To accomplish this, I will examine occurrences of anti-Irish racism in Britain from a variety of dates, and propose causes of the racist feelings though evidence of popular racist and colonialist theory at the time. Through this analysis, I hope this paper achieves a better understanding of how racism and prejudiceRead MoreAnalysis Of Racism In A Rose For Emily914 Words   |  4 Pagesâ€Å"A Rose for Emily† was about how Emily Grierson was viewed as a relic that need to be preserved. The old generation allowed Emily to not pay her taxes because her father was someone important to the town, but the new generation wanted to change that. They sent many notices to her but they were not receiving any payments from her. I can connect this to a New York Times article, the article is called â€Å"Dove Drops an Ad Accused of Racism†, the article talks about how Dove and many other soap companiesRead MoreBritish Monarchy - Should They Stay or Should They Go? Yona Oshrat1594 Words   |  7 Pagesthe palaces as museums, hotels or restaurants. When people are forced to sleep on the streets, we cannot justify spending  £75,000,000 on a relic that serves no purpose. Thirdly, the monarchy encourages the continuation and acceptance of outdates traditions and beliefs. Apart from the image we project abroad of an outdated nation living in the past, it is a relic of an age which no person living in Britain should be proud of. The British empire signifies all that is wrong with society. Whilst BritainRead MoreRacial And Historical Context Of A Worn Path And A Rose For Emily883 Words   |  4 PagesFaulkner portrays the discrimination against African American’s. His use of literary characteristics and instrumental in the success of his primary expressive purpose in the story. In the novel the author highlights the racism. He portrays the slaves as a worker in the South. The racism that happens in the story denotes that the number of race-based prejudice, violent, discrimination, or oppression. In addition, the number of his primary determinant of traits and capacities and those racial differencesRead MoreEssay on Racism in America Today1316 Wor ds   |  6 PagesThe legacy of past racism directed at blacks in the United States is more like a bacillus that we have failed to destroy, a live germ that not only continues to make some of us ill but retains the capacity to generate new strains of a disease for which we have no certain cure. - Stanford Historian George Frederickson. The population of the United States of America has been one of mixed race since its very beginning. Boatload upon boatload of enslaved Africans provided a labor force which wouldRead MoreQuestionable Social Messages Spread by Disney864 Words   |  3 PagesThroughout the past few decades, the media has been a very sturdy driving force in directing and controlling social beliefs and behaviours. This is explained in the New York Times opinion column, Its Racist, But Hey, Its Disney. Children are more vulnerable to the powers of the media. Disney movies are also a vehicle for spreading cultural notions, such as racism. This medium opens an avenue where children can be indoctrinated and pass questionable values on to following generations. Walt DisneyRead MoreA Rose For Emily Character Analysis934 Words   |  4 Pagescontribute makes Emily an unsympathetic character. The setting of the story takes place in a southern town named Jefferson which was in Mississippi. The town recently had left an age of slavery and racism. They were a post-civil war town. The entire town was trying to accommodate a new era where slavery and racism were viewed as an atrocity, an evil, and a sham. In addition, this town wasn’t entirely well established as we can see the story how they are just paving some sidewalks, and how they were puttingRead MoreRacism : Racism And Racial Discrimination1713 Words   |  7 PagesRacism is defined as a belief or doctrine that inherent differences among the various human racial groups determine cultural or individual achievement, usually involving the idea that one s own race is superior and has the right to dominate others or that a particular racial group is inferior to the others (Olsen, 2014) While most white Americans acknowledge that racism is a problem in the United States, white people are half as likely as black peopl e to see it as a major problem. Three out of fourRead MorePrejudice and Discrimination in America Today Essay1663 Words   |  7 Pagesdirect and truthful answer to that question is Racism. Despite all these accepted images of successful black people selling the idea that the color of a persons skin is irrelevant, racism still exists and will forever exist in America. It is a never-ending phenomenon that is ingrained in American life. Racism is America, just as America is built around the idea of racism. As the civil rights activist and scholar Derrick Bell would say, Racism is an integral, permanent, and indestructible component

Monday, December 16, 2019

Global Financing and Exchange Rate Free Essays

Global Financing and Exchange Rate Mechanisms March 07, 2009 Global Financing and Exchange Rate Mechanisms Hard currencies are a currency, usually from a highly industrialized country, that is widely accepted around the world as a form of payment for goods and services. A hard currency is expected to remain relatively stable through a short period of time, and to be highly liquid in the forex market (Investopedia, 2009). The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1. We will write a custom essay sample on Global Financing and Exchange Rate or any similar topic only for you Order Now 9 trillion per day and includes all of the currencies in the world. There is no central marketplace for currency exchange; trade is conducted over the counter. The forex market is open 24 hours a day, five days a week, and currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Zurich, Frankfurt, Hong Kong, Singapore, Paris and Sydney (Investopedia, 2009). Another criterion for a hard currency is that the currency must come from a politically and economically stable country. The U. S. dollar and the British pound are good examples of hard currencies (Investopedia, 2009). Soft currency is another name for â€Å"weak currency†. The values of soft currencies fluctuate often, and other countries do not want to hold these currencies due to political or economic uncertainty within the country with the soft currency. Currencies from most developing countries are considered to be soft currencies. Often, governments from these developing countries will set unrealistically high exchange rates, pegging their currency to a currency such as the U. S. dollar (Investopedia, 2009). Hard Currency is used in global financing operations by developed nations. Hard currency is easily traded and bartered throughout the world. Using hard currency ensures that there is an even playing field for all parties in the transaction. Hard currency is important in managing risks because â€Å"a company can counter an imminent devaluation by speeding up collections of receivables, postponing bill paying, and converting cash into hard currency† (Feist, Helly, Lu, 1999) . Another way that hard currency manages risks is by utilizing or adopting it, it is least likely to be a factor in the loss of funds. World organizations which invest internationally face the prospect of uncertainty in the returns after they convert the foreign gains back to their own currency. Unlike the past when most U. S. investors ignored international investing alternatives, investors today must recognize and understand exchange rate risk, which can be defined as the variability in returns on securities caused by currency fluctuations. Exchange rate risk is sometimes called currency risk. This risk is true for the nations also. For example if a currency is free-floating, its exchange rate is allowed to vary against that of other currencies. Exchange rates for such currencies are likely to change almost constantly as quoted on financial markets, mainly by banks, around the world. This can lead to lot of speculation and also losses especially for weak economies. Moreover investors generally prefer hard currencies to soft currencies at times of increased inflation (or more precisely increased inflation differentials between countries), at times of heightened political or military risk, or when they feel that one or more government-imposed exchange rates are unrealistic. In some cases, an economy may choose to abandon local currency altogether and adopt a hard currency as legal tender. Examples include the adoption in Ecuador and Panama of the US dollar, and the adoption in Kosovo and Montenegro of first the German mark and later the euro. â€Å"Countries open to capital flows can adopt a wide range of arrangements, from free floating to a variety of crawling pegs with broad bands around them (under which the central exchange rate is frequently and marginally adjusted), as well as very hard pegs sustained by policy commitments such as currency boards, dollarization (or, more generally, the adoption of another foreign currency as legal tender), or membership in a currency union† (Finance Development, 2001). Hard pegs are defined as â€Å"In economics, a policy in which the authorities insist on some permanent, precise guarantee of the value of the local currency to some other thing: a unit measure of gold, the US dollar, the euro, or the pound. Historically, the US dollar had a hard peg to gold from 1946 to 1971, while other currencies in the developed world had a hard peg to the US dollar. Since 1971, most of the world’s money is in floating currency (whose relative value is set by the free market)† (Urban Dictionary). A floating currency is â€Å"A currency whose value is set by the currency markets; money whose exchange rate relative to other currencies is determined mainly or entirely by unrestricted trading in the currency. Most currencies are dirty float |dirty floats, which means that the government issuing them attempts to manage their traded value in some way; or else hard peg |hard pegs, in which the value is tied to something specific. When a currency is floating, then its value may rise because the county is running a trade surplus, or it is running a capital account surplus. Floating currencies are not fiat money, although they are often confused for each other† (Urban Dictionary). In some cases the US dollar is considered fiat money because it is deemed â€Å"money that (a) derives its value entirely from the mandate of the government, and (b) cannot be freely traded. Fiat money is not the same thing as floating currency, because if a floating currency is intrinsically worthless then its lack of worth will be reflected in the forex markets. Fiat money, on the other hand, does not require a disciplined monetary of fiscal policy on the part of the issuing authorities; exchange rates are fixed by decree, which means the state also controls supplies of hard (foreign) currency† (Urban Dictionary). â€Å"Times change, and a currency that is considered weak at one time may become stronger, and perceived as a hard currency later on. For example, the pound sterling was considered structurally weak and liable to depreciate (in real terms) for much of the post World War II period; now it is considered to have re-established fiscal and monetary soundness and to be strong. The U. S. dollar (USD) has been considered a strong currency in recent years, and importantly a safe-haven in times of international tension or war, but the USA has large fiscal and trade deficits and an unresolved problem that many Asian currencies are pegged to the dollar and therefore do not appreciate as their trade surpluses with the USA grow; some commentators believe that these considerations imply that the U. S. dollar will now enter a period of weakness, especially that there are signs that China may be relaxing the rate at which the yuan is pegged to the dollar† (Answers, 2007). Soft Currency is used in global operations by underdeveloped or unstable nations. Soft currency is also used as local currency like the Mexican peso. Soft currency is important in managing risks because it is a warning for companies to take proactive measures to reduce currency exchange losses. Soft pegs may lead speculation, which can be costly in industrialized countries, but are frequently harmful to emerging market countries, as in Latin America (Mexico and Ecuador), East Asia (Thailand, Korea, and Indonesia) and Turkey. The breakdown of soft pegs in emerging market countries is as damaging as it is because their debt structure is generally short term and is denominated in foreign currency. Thus a successful speculative attack leads to a sharp deterioration in balance sheets, which in turn leads to a financial crisis. Hard pegs may be desirable, particularly in countries whose political and monetary institutions are especially weak; they can used to stabilize the economy. However, hard pegs will not be successful in promoting a healthy economy unless government policies create the right institutional environment. Thus Pegging has typically been a way to substantiate the value of a local currency against the world’s convertible currencies and to stabilize the exchange rate. References Investopedia, (http://www. investopedia. com/terms/s/softcurrency. asp) Feist, William R. , Heely, James A. , Lu, Min H. (1999). Managing A Global Enterprise. , Greenwood Publishing Group. International Financial Management by Madhu vij Finance Development, (http://www. imf. org/external/pubs/ft/fandd/2001/06/fischer. htm) Urban Dictionary, (http://www. urbandictionary. com/define. php? term=hard%20peg) How to cite Global Financing and Exchange Rate, Papers

Sunday, December 8, 2019

New Media Technologies Have Blurred the Lines between Media Consumers

Question: Drawing on relevant research critically discuss how new media technologies have blurred the lines between media consumers and media producers. How has this phenomenon impacted on media audience research? Answer: Introduction New media technologies can be considered as any such type of application that transfers information with the help of computerized systems or digital techniques or data networks. This technology was initially established in the 20th century and was then primarily associated with the transfer of information in a more manipulative manner (Courtois, Verdegem and De Marez, 2012). Most of the form of this technology is extremely interactive and contains such data design that is compressed and would be accessed in different markets. Some of the most common instances of this new media technology comprises of Internet-based concepts such as websites and other digital mediums such as CD-ROMs and DVDs (Craig A. Cunningham, 2009). The old media such as television, film and paper based products are not included in the ambit of new media. This concept of new media technology commenced during the 1960s (Puppis, 2010). As the modern computer technology started the exchange of information through the medium gradually started becoming a very powerful application. This media technology is used by the artists and designers to discover new concepts and create new things in this field such as new video games or digital artwork (Pierson, Mante-Meijer and Loos, 2011). The use of such technologies started becoming more prevalent in the 1980s and it replaced the other traditional mediums by the implementation of the computers and video game systems. In accordance to the standards of new media technology there are common elements existing in the modern mediums. In contemporary times since technology is available in almost all corners of the world the geographic distance has lessened. The communication level as well as the speed has increased with the help of the internet. Moreover, the level of exchange in information has helped the users to adapt the new technologies and supply input. The concept of old and new media To critically discuss the topic how new media technologies have blurred the lines between the media producers and media consumers, one thing is clear enough that an understandable difference between old and new media should be illustrated on the very initial part of the discussion. Old media consists of mostly radio, print, movies, television and their presence within the societies and human lives was restricted to a small number of places (Fischer, 2010). For instance, radio and television are invented long back and use to be the main technology aspects in the residences. Initially movies were enjoyed in theatres until DVD players and VCRs brought the facilities to enjoy the movies into homes. The closest item to a transportable mass medium was reading a paper or book on a travel to and from work (Len-Ros, 2011). Nevertheless, new media are considered as more social and personal than older media that generates an inconsistency. New media concurrently connect and separate media consu mers. As a whole it can be said that a shift from analogue to digital technology is the new media. Various different terminologies are applied when people discuss about new media. These include online media, digital media, personal media and social media. Characteristics of different media; source: (Deitel, Deitel and Nieto, 2000). The terminology new media itself is critiqued for setting up an artificial dichotomy between old and new (Ross, 2010). The technological advancement to set the media as new media has been in the process of improvement since many years and also it has no last limit (Deitel, Deitel and Nieto, 2000). Various in innovations make the new media more novel and fresh and this process in continuing. So, it is also a matter of concern whether people can accept already existing new media as old or oldest as new innovations are in line. For instance the internet is present in its own capacity since past forty years and the World Wide Web made internet more accessible to the crowds (Anderson, 2014). Now, it can be said that the term new assist public to understand few main technological alterations from old media forms and also says that the new media forms are current and future oriented, as technology and media are developing faster constantly than before (Deitel, Deitel and Nieto, 2000). So, a gain what is an innovation today may not be accepted new within a week. In spite of rapid technological development, compatibility associated with multiple platforms ironically permits for some constancy. Whereas, innovative technology frequently made the analogue media products and devices outdated, the new media format stays same even as updated and newer gadgets with which to access digital media become obtainable. Important to innovative media is considered as the idea of technical convergence (Chambers, 2011). Mostly new media are digital and the current digitization of old media permits new media to freely circulate and be played or accessed or read by any of the digital media platform with no requirement for conversion. This can be illustrated with an example, records cannot be played in a cassette tape player or VHS cassette tapes cannot be played in a DVD player. Similarly, while machines which print words and human eyes are the encoding and decoding tools required to conne ct with the analogue structures of print media, people can read printed text books or can read printed material on a system, or on a Smartphone, i-pad, e-reader or different other handheld gadgets (Kendall, 2008). Another characteristic of this new media is blurring of lines between the media consumers and media producers as individual media consumers now pose a more personal association with the media. Personal media The term personal media is used as the media users are free to select the content of the media to which they wish to get exposed, to produce their personal content, to share their content with others, to link or comment on others content and overall to structure modified media environments (Boase, 2008). While the mass media messages are the conception of professionals and institutions, many personal media messages are the formation of small groups or individuals whose abilities range from recreational to professional. Personal systems permitted hobbyists and amateurs to formulate new system programs which individuals could circulate on discs or possibly during early internet connections (Jenkins, 2006). Camcorders permitted individuals to generate different variety of products from videos to independent or amateur films. Listening devices and portable recordings allowed individual to make their personalized mix tapes and give musicians an accessible and affordable way to generate de mo tapes. These types of media creations were not easily distributed prior as today, as analogue technology still necessitated that individual send their notes on tapes or discs. Digital media Personal media laid across the line to social and new media with growing accessibility of digital media and internet. As the media products for example pictures, music and videos turned digital, analogue personalized media gadgets, which individual once brought around were no longer essential (Luders, 2008). Latest online platforms offered individual the chance to make and create content which could be obtained by any person with the help of an internet connection. For instance: a singer, who would have sold his/her recorded songs on cassettes out of his/her vehicle might be discovered now after putting his/her song on MySpace (Kendall, 2008). Social Networking Sites Social networking sites are the most influential element of new web. As per Vitkauskaite (2012), this allows the media users to construct a semipublic or public profile, build a connective network to other individuals and check others networks and profiles of connections (Vitkauskaite, 2012). The concept of social networking has been existed for more than a decade, previous emphasis for example MySpace and Friendster have yielded to the massive site called Facebook. More specific networking site like: LinkedIn concentrate on the professional networking (Mandiberg, 2012). In any situation, the capacity to status updates, self-publish instruction, likes, dislikes, links and profiles allows individual to craft individual life narrative and share with other individuals (Dunbar-Hester, 2009). Similarly, other individuals can follow others narratives in the same network as these are generated. The level to what people engage with the narratives of others differs depend upon the closeness o f association and situational aspects, but the social networking sites are applied to maintain weak, moderate and string ties with other members. Social media is considered as the way through the concept of sharing and collaboration rather than merely through interpersonal interaction and connection. As per Fisher (2014), the growth of concept of creative general licensing and open source publishing presents challenge to conventional copyrights, corporations and media outlets. The concept of open source publishing initially appeared with software programming (Fisher, 2014). Crowdsourcing refers to the concept stage of improvement where individual from different positions and perceptions offer information or proposals to explain a problem or formulate something fresh. In a nutshell, the amalgamation of crowdsourcing and open source publishing permits the media user community to jointly create and develop on more creative projects, products and ideas (Shepherd, 2012). Contrasting most media inventions which are closely monitored and tightly copyrighted by the organizations which create then, crowdsourcing and open source publishing increase the democratizing prospective of new media. As per Dunbar-Hester (2009), the arrival of this participative, democratizing, collaborative and new media has been embraced and resisted by the channels linked with old media (Dunbar-Hester, 2009). Increased feedback and participations represents that the conventional media channels which were applied to passive and one way audiences now have to pay attention to and answer feedback, some of what are negative and critical as well (Bell, 2010). User formulated content professional as well as unpaid, can compete directly with the traditional mass media substance, which charges much more to generate. Social media Social media is said to be responsible for entire occurrence of viral videos, where a commercial parody can reach millions and billions of audiences within few minutes than a real commercial. Medial channels are in a contradiction (Mihailidis and Thevenin, 2013). These channels want to support the participation of the audiences but they want to be equipped to predict and control the media utilization habits and audience recreations. New media comprise mainly digital media that are designed to read binary code. New media are different from old media as they are less related to specific platform and are hence more movable from one device to another. New media are also less attached to physical object (Woodward, 2007). That means instruction can be accumulated electronically more willingly than requiring to encoded to physical object. New media are more social and personal than old media (Gates, 2008). This is because the line between the media producers and media consumers haze in new media; media users obtain more independence to personalize individual media experiences. Moreover, reciprocative web of personalized media gadgets allow people to collaborate, be in touch with one another and share instruction in various ways which increase the communal nature of the application of technology (Dunbar-Hester, 2009). The concept of Prosumer Vincent Miller makes argument on the idea how the lines between consumers and producers blurred, in his writing named understanding digital culture (Miller, 2011). Consumers are the purchasers or the audiences of the produced objects and producers create cultural objects and content. By referring to the term prosumers, Millers illustrates that along with the introduction of convergent innovative media and choice overabundance in information sources, in addition to augmented ability to generate content by themselves (Bell, 2010). This move away from producer domination to consumer or audience power would suppose to have speed up and thus grinding down the consumer-producer distinction (Davies, 2015). Prosumer is said to be the completing consequence of strategy, which has been growingly applied that supports feedback between consumers and producers (in short prosumers) and this allows for more media consumers control over the creation of products. Impact of new media technologies on media audience research Communication study has always considered media effect to be very significant part of it and hence the number of theoretical achievements has been more in this field. Nevertheless, in the era of new media technologies the effect of both the new media and the traditional media is seen to deviate from the present theories (Kent, 1994). As the new and advanced media technology is gradually opening up, it is observed that the traditional media is slowly collapsing (Nightingale, 2011). This traditional media had won a public trust in the past couple of years and with the advent of the new media technologies this trust is diminishing at very fast pace (Tyner, 2009). The modern social networks such as Microblog, Facebook, and Twitter assist people to extract more information from the internet resources than the general sources such as the television and newspapers (Walden, 2012). Through the new media technologies the chances of enforcing the audience to believe the propaganda of the government is comparatively less (Newman, 2010). Additionally, it is also true that when the propaganda by the state media shifts from common sense the reality becomes more of an irony to the propaganda for the audience (Gunter and Machin, 2009). The influence of the new media has a two step flow. Generally it is seen that when the opinion leaders are influenced by the media only then most part of the audience is influenced as they are guided by these opinion leaders (Ross and Nightingale, 2003). It is seen that these opinion leaders are mostly urbane, serious media users and generally cannot be easily manipulated by the media content. Hence, we can say that they act as barriers between the media influence and the audience. To some extent this barrier is extremely necessary and effective. Further, individual media tends to have very less power on the adult audience population. This is mainly because of the fact that by the time most people turn into adults they are absorbed by different groups and therefore individual media has less impact on them. In the new media technology era this is more prominent as the information of the opponent is no longer effective in this group of audiences. Nevertheless, it can be noted that new media tends to offer a much wider view for the audiences. Primarily, there lies a major multiplication of the personal media in this new era. The traditional media in contemporary times is using newer arrangements of space and time. Presently what is more essential is not the technology but rather the social context of the use of the media. Hence, these social uses are a part of the broader reformulations. With regard to implied audiences that includes the presumed or the imagined audiences, it is observed that they play a significant part in the discourses relating to the new media (Gillespie, 2005). Many scholars are considering the project of mapping new audiences with respect to the challenge for the application of the empirical methods to public speculations (Ross and Nightingale, 2003). For a research on new media technology the empirical research on audience is extremely essential. With every passing day audiences are becoming less predictable and more fragmented in their relationship with the media (LIVINGSTONE, 1999). Hence understanding them is becoming even more important for the theories such as social shaping, markets, designs etc. Further with the advent of the new media technology in the form of multimedia computing, internet, and poly channel broadcasting the television audience is challenged (Napoli, 2011). The new media technology provides the audience an increased control and choice over the facts of when or where or how the audience consumes the media and on the transformation of the relationship between the media and the audience (Book.douban.com, n.d.). Simultaneously, the new media technology also forms an assuring as well as monitoring audience behavior and this reveals the methods in which the audiences consume the media. These factors were unknown during the times of the old media technology (Lindlof, 1991). Hence the ongoing technological changes force the media industries to think in a different manner regarding their audiences and undermine the traditional concepts and analytical approaches (Wicks, 2000). However, they also simultaneously open new dimensions for the conceptualizing audiences. Therefore it can be stated that the new age audiences are slowly becoming more subtle and erratic. At the same time the new systems for measuring the audiences or gathering of feedback or anticipating their tastes and preferences are ensuring the media industries to redefine the true worthiness of the media audiences and how these audiences are included in the strategies and economics of the businesses (LIVINGSTONE, 1999). It can be then said that there is about to be an evolution of the media audiences in the near future. Media industry analysts have generally emphasized on the idea that the media audience is a socially constructed occurrence and the industries that define the audience in a particular manner tend to reflect the needs and interests of these audiences and as a result some of the most essential features of the audiences are ignored (Bould, 2012). In this context relating to media audiences the idea of rationalization of the understanding of the audience includes the efforts to carry more empirical rigor and quantitative methods in order to process the broad range of dimensions of audience behavior that includes exposure, awareness and appreciation. Conclusion The exact procedure at work nowadays is one in which the chief conceptualization of the audience engaged by media industry stakeholders is shifting from the old focused based approach and is gradually exploring into the other wider dimensions relating to the experience of the audience including the engagement of the audience to the appreciation of the audience (Moores, 1990). In the contemporary times it is seen that the increase in the audience fragmentation and audience autonomy that is mostly imposed by the new media technology is undermining the exposure model of the old media. References Anderson, J. (2014). Book review: Media regulation: Governance and the interests of citizens and consumers.Convergence: The International Journal of Research into New Media Technologies, 20(3), pp.370-371. Bell, E. (2010). Book Review: New media, old hat: New Media, Old News: Journalism and Democracy in the Digital Age, edited by Natalie Fenton (Sage Publications, pp232, 22.99).British Journalism Review, 21(1), pp.82-84. Boase, J. (2008). PERSONAL NETWORKS AND THE PERSONAL COMMUNICATION SYSTEM.Information, Communication Society, 11(4), pp.490-508. Book.douban.com, (n.d.).The Effects of the Media on Audience Groups (à ¨Ã‚ ¯Ã¢â‚¬Å¾Ãƒ ¨Ã‚ ®Ã‚ º: à ¥Ã‚ ¤Ã‚ §Ãƒ ¤Ã‚ ¼Ã¢â‚¬â€Ãƒ ¤Ã‚ ¼Ã‚  Ãƒ ¦Ã¢â‚¬â„¢Ã‚ ­Ãƒ §Ã‚ Ã¢â‚¬  Ãƒ ¨Ã‚ ®Ã‚ º). [online] Available at: https://book.douban.com/review/5443493/ [Accessed 27 Jan. 2015]. Bould, M. (2012). Paranormal Media: Audiences, Spirits and Magic in Popular Culture.Screen, 53(4), pp.495-498. Chambers, T. (2011). Audience evolution: New technologies and the transformation of media audiences.Journal of Communication, 61(4), pp.E1-E4. Courtois, C., Verdegem, P. and De Marez, L. (2012). 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