Media Studies A-Level
The Logic of Profit and Risk
What The Logic of Profit and Risk means in Media Studies A-Level, as defined for AQA.
Definition of The Logic of Profit and Risk
The fundamental drive to minimize the 'nobody knows' factor in cultural production through strategies that ensure predictable returns on high-cost investments.
Topics that use The Logic of Profit and Risk
- Media industries (AQA A-Level)
Related terms
- Concentration of Ownership
- Deregulation and the Free Market
- Economic Models and Funding
- Globalisation and Power
- Integration and Consolidation
- Ownership and Control
- Profit over Pluralism
- Regulation and Policy
Using The Logic of Profit and Risk in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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