What is Media Globalization?
Globalization: is the establishment of a capitalist world economy, in which national borders are becoming less and less important as transnational corporations, existing everywhere and nowhere, do business in a global market (Storey, pg. 152). • Time-space compression – the world appears to be getting smaller. • Increasing global mobility of people. Global Village: A phrase first coined by P. Wyndham Lewis but popularized by Marshall McLuhan in his book The Gutenberg Galaxy (1962). His book describes how electronic mass media collapse space and time barriers in human communication, enabling people to interact and live on a global scale. In this sense, the globe has been shrunk by modern advances in communications, turned into a village by the electronic mass media. McLuhan likened the vast network of communications systems to one extended central nervous system, ultimately linking everyone in the world (Wikipedia). Media Globalization: The domination of the world communication and medi
