Özet:

As a concept setting its mark on the current era, globalisation has become an essential reference point of almost all attempts describing the social relationships today. It is generally accepted that due to its function as a facilitator of information and culture exchange, the media is one of the major drivers of the globalisation process. Further, developments in the information and communication technologies have intensified the communication between people and different cultures, and thus, helped social relationships cross local borders. On the other hand, the media ownership in the world has changed since the last quarter of the 20th century, which resulted in the domination of few giant media corporations in the global media. The globalization of media with the effect of concentration of media ownership in favour of multinational corporations and its impact on the social life have been a major topic of discussion in the media and communication studies and caused a lot of academic research to be conducted on the topic. This article, which intends to contribute to the scholarship on the topic, discusses the factors leading to, and the political, economic, social and cultural consequences of, the globalization of media.

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