Commercial media aim towards economies of scale and scope and the satisfaction of their shareholders. As most of the private media companies' revenues come from advertising, much of their content is designed to allure audiences, whose size and composition is decisive for advertisers and marketers. Those revenues being of vital importance for commercial media firms, their programming in many cases is tailored to the needs of the advertising industry. In their self-interest commercial media also often accept pressure from marketers and advertisers. "... for example,
Hence, so as not to interfere with the commercial message, most media conglomerates concentrate on easy-to-consume programming with entertainment, music and sports forming most of their content. Although they also offer news and documentaries, programs focusing on topics of public interest or minority issues hardly play more than a supporting role as they do not comply with the demands of a profit oriented system. One of the most serious effects of this development is that citizens are substantially deprived of an essential element for their participation in the public sphere: objective, exhaustive and diverse information on issues of public concern.
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Although the traditional media companies first steps into the digital sphere were fairly clumsy, they have quickly learned from their mistakes and continued to enlarge their Internet presence.
During the last years many of the smaller players in the field of digital media have been driven out of competition by the huge media conglomerates. This mainly is a result of the advantages that the commercial media giants have over their less powerful counterparts:
- As engagement in online activities mostly does not lead to quick profits, investors must be able to take losses, which only powerful companies are able to.
- Traditional media outlets usually have huge stocks of digital programming, which they can easily plug into the Internet at little extra cost.
- To generate audience, the big media conglomerates constantly promote their Websites and other digital media products on their traditional media holdings.
- As possessors of the hottest "brands" commercial media companies often get premier locations from browser software makers, Internet service providers, search engines and portals.
- Having the financial resources at their disposition the big media firms are aggressive investors in start-up Internet media companies.
Commercial media companies have close and long ties to advertisers, which enables them to seize most of these revenues.
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The World Intellectual Property Organization is one of the specialized agencies of the United Nations (UN), which was designed to promote the worldwide protection of both industrial property (inventions, trademarks, and designs) and copyrighted materials (literary, musical, photographic, and other artistic works). It was established by a convention signed in Stockholm in 1967 and came into force in 1970. The aims of WIPO are threefold. Through international cooperation, WIPO promotes the protection of intellectual property. Secondly, the organization supervises administrative cooperation between the Paris, Berne, and other intellectual unions regarding agreements on trademarks, patents, and the protection of artistic and literary work and thirdly through its registration activities the WIPO provides direct services to applicants for, or owners of, industrial property rights.