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4. Discussion Questions: Media Economics

Discuss these questions with the members of your breakout room. Select one member of your breakout room to present your answer to the large room after we close the breakout rooms.

Zoom will assign you to a breakout room corresponding to a specific media industry.

1. magazines
2. movies
3. music
4. television
5. internet

Answer each of the following questions for your assigned media industry.

1. What is an example of a fixed first-copy cost in this media industry?
2. What is an example of an incremental marginal costs in this media industry?
3. What is an example of a producer in this media industry?
4. What is an example of a distributor in this media industry?
5. What is an example of a exhibitor in this media industry?
6. Describe one source of revenue in this media industry. Is it direct revenue or indirect revenue?
7. Describe a second source of revenue in this media industry. Is it direct revenue or indirect revenue?