What's so great about media?
What's so great about media? So it's there, omnipresent, when I eat, sleep, drink, play, study, teach, learn...... So what? Well, let's look at it from the Media Economics angle. Like all the other goods, media also produces so many products. TV serials, news, reality shows, and what not. But there is a difference. Suppose I manufacture, say, a watch. Really speaking, I have no connection with you, the consumer. At the most, I will provide you some after-sales service, and p retend that I care a lot about you. But think of this - with due respect to Amir Khan and Ashutosh Gowarikar ...... I produce a Lagaan. When I am making it, I first connect with you with the promos and ads. I also release music and A R Rehman does his magic for me, my revenue earning starts, and my connection with you gets strengthened. Then I release the film, it becomes a hit, and I earn hundreds of crores. You all love me for the film, you also love the characters. You identify yourself wi