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Neither can it be forgotten that the media<br />

is a labour intensive industry <strong>and</strong> for an enterprise<br />

<strong>of</strong> any size this is equally true <strong>of</strong> websites.<br />

Even the smallest local paper requires<br />

at least a couple <strong>of</strong> journalists, as would a<br />

small magazine-style website, but it would<br />

also need IT staff, as do printers <strong>and</strong> newspapers.<br />

The United Kingdom’s biggest site,<br />

www.bbc.co.uk, reportedly employs 200<br />

people <strong>and</strong> cost £100 million in 2002, 12 but<br />

the true figure would be much higher if it took<br />

into account the cost <strong>of</strong> sourcing the material<br />

it recycles <strong>and</strong> repurposes from BBC radio <strong>and</strong><br />

television.<br />

Table 15.1 Top 25 US web properties by parent<br />

company<br />

Parent<br />

Unique<br />

audience<br />

1 AOL Time Warner 76,353,004<br />

2 Micros<strong>of</strong>t 72,891,223<br />

3 Yahoo! 66,217,672<br />

4 Amazon 28,115,562<br />

5 Google 27,863,289<br />

6 eBay 27,120,841<br />

7 Terra Lycos 22,999,754<br />

8 RealNetworks 22,805,779<br />

9 United States Government 21,694,762<br />

10 About-Primedia 21,004,816<br />

11 Viacom International 15,022,286<br />

12 eUniverse 14,935,148<br />

13 Walt Disney Internet Group 14,688,910<br />

14 USA Interactive 14,624,792<br />

15 Sharman Networks 13,519,847<br />

16 CNET Networks 12,604,100<br />

17 L<strong>and</strong>mark <strong>Communication</strong>s 11,716,856<br />

18 Apple Computer 11,669,656<br />

19 Classmates 11,145,862<br />

20 InfoSpace Network 10,983,618<br />

21 AT&T 10,523,768<br />

22 The Gator Corporation 10,000,792<br />

23 EarthLink 9,459,880<br />

24 American Greetings 8,710,937<br />

25 Wal-Mart Stores 8,645,168<br />

Source: Nielsen//NetRatings Audience Measurement Service,<br />

December 2002<br />

Table 15.2 Top 10 UK web properties<br />

Property<br />

The economics <strong>of</strong> the internet reinforce the<br />

‘media gap’ theory – websites <strong>and</strong> email are a<br />

highly cost-effective way <strong>of</strong> communicating<br />

with relatively small numbers <strong>of</strong> people but<br />

once audience numbers reach hundreds <strong>of</strong><br />

thous<strong>and</strong>s or high functionality is required,<br />

then costs spiral. It is also important to note<br />

that websites <strong>and</strong> email can communicate<br />

internationally as easily <strong>and</strong> cheaply as<br />

nationally (Tables 15.1 <strong>and</strong> 15.2).<br />

Assessing the effect <strong>of</strong> ICTs<br />

Unique<br />

audience<br />

1 MSN 8,750,554<br />

2 Yahoo! 6,959,887<br />

3 Google 6,737,921<br />

4 Micros<strong>of</strong>t 5,726,141<br />

5 AOL Time Warner 5,568,160<br />

6 Wanadoo 5,067,551<br />

7 BBC 4,762,173<br />

8 British Telecom 4,454,923<br />

9 Amazon 4,188,153<br />

10 eBay 3,995,562<br />

Source: Nielsen//NetRatings Audience Measurement Service,<br />

January 2003<br />

The internet has made little impact on the<br />

economic realities which shape the mass communications<br />

l<strong>and</strong>scape. As a way <strong>of</strong> reaching<br />

national audiences <strong>of</strong> hundreds <strong>of</strong> thous<strong>and</strong>s<br />

there is no significant cost saving over the ‘old’<br />

media. It is unsurprising that the most popular<br />

sites in most countries are run by either big<br />

companies like Micros<strong>of</strong>t or national telecoms<br />

providers; or well established media organizations<br />

like the BBC or AOL Time Warner. These<br />

are complemented by start-ups like Yahoo!<br />

<strong>and</strong> Google who had sufficient funding <strong>and</strong> a<br />

good enough product to challenge the big<br />

boys. Mass communication continues to be<br />

© 2004 S<strong>and</strong>ra Oliver for editorial matter <strong>and</strong> selection;<br />

individual chapters, the contributors

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