Ownership and control Conglomerate ownership: A conglomerate is a large company composed of a number of smaller companies (subsidiaries). A media conglomerate, or media group, is a company that owns numerous companies involved in creating mass media products such as print, television, radio, movies or online. Examples include Comcast, 21st Century Fox or Disney. Vertical integration: Vertical integration is when a media company owns a range of businesses in the same chain of production and distribution. For example, a company might own the film studio that makes a film, the distributors that sell it to cinemas and then the movie channel that premieres it on TV. Vertical integration allows companies to reduce costs and increase profits – but it is not always successful if the parent company lacks expertise in certain areas. Horizontal integration: Horizontal integration is when a media company owns a range of different media companies that are la...
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