Strategies for change in media industries, 7,5 ECTS
Doctoral course, jointly produced by MMTC at the Jönköping International Business School and the Department of Communication at the School of Education and Communication in Jönköping.
Pre-requisites
Bachelor's degree, registration as a doctoral student
Period
2007, October — 2007, January
Course co-ordinators
Lars-Åke Engblom and Karl Erik Gustafsson, professors.
Objectives
Starting from resource based theories the objectives are to train students in analyzing media industry structures, the dynamics of the competitive process of moves and responses, recognizing openings and opportunities as well as traps, and making forecasts avoiding pitfalls. The focus will be on conditions of demand, determinants of competition, and strategic alternatives from contents to distribution.
Contents
The course consists of a seminar series with presentations of results from research on core problems of media industries. Strategies in the competition in declining industries will be covered as well as in emerging industries (digital television markets). The increasing challenge between paid for and free newspapers is another compulsory subject as well as growth strategies and innovation. The students will have to present a term paper within one of two umbrella subjects: trends in modern journalism and magazine industry innovation. There is an option to extend the course to 15 ECTS credits by writing a course essay on strategies in a media industry, e.g. ad price strategies of daily free sheets in Scandinavia, segmentation strategies of magazine publishing, and the household as a media consumption unit.
Teaching Methods
A seminar series of four monthly afternoon meetings, a term paper and, as an option, a course essay.
Evaluation
Compulsory attendance at the seminar series. Exceptional absence may be compensated by extra assignments.
Registration: Karl.Erik.Gustafsson@ihh.hj.se, before October 15th.
References
Chan-Olmsted, Sylvia M.: Competitive Strategy for Media Firms. Strategic and Brand Management in Changing Media Markets. Laerence Erlbaum Associates, Publishers, London 2006
Engblom, Lars-Åke & Wormbs, Nina: Radio och TV efter monopolet. Ekerlids, Stockholm 2007.
Engblom, Lars-Åke & Gustafsson, Karl Erik (red): Mönster i nordisk medieutveckling. Jönköping 2007.
Gustafsson, Karl Erik: Origins and Dynamics of Concentration. In Gustafssson, Karl Erik (ed): Media Structure and the State. Skrift Nr 7. Informations- och massmediegruppen, Handelshögskolan vid Göteborgs universitet 1994
Penrose, Edith T.: The Theory of the Growth of the Firm. Basil Blackwell: Oxford 1959
Porter, Michael E.: Competitive Strategy. Techniques for Analyzing Industries and Competitors. The Free Press: New York & London 1980
Picard, Robert G: The Economics and Financing of Media Companies. Fordham University Press, New York 2002
Seminar meetings at JIBS, Jönköping
17/10 B 4053
13-15 Declining media industries — end of the game? (KEG)
15-17 Trends in modern journalism (LÅE)
14/11 B 4053
13-15 Growth strategies of big media groups (KEG)
15-17 A living media lab - the nation of Iceland (LÅE)
11/12 B 4221
13-15 Generations of magazine industry innovations (KEG)
15-17 TV industry after deregulation — new forms of competition (LÅE)
23/1 B 4221
Term paper presentation (LÅE/KEG)