Industries: ownership and control
Ownership and control 1) What is a conglomerate in the media industries? A company that owns numerous other companies. 2) What is a subsidiary? A company that belongs to another company 3) What are the benefits for media companies of vertical integration? This allows companies to make money at every stage of production and distribution. 4) What are the benefits for media companies of horizontal integration? Horizontal integration allows companies to widen their audience and find other ways to make money. 5) Give three examples of media companies or brands that have used synergy to maximise their profits. Disney makes movies but then also has related stage shows, theme parks, merchandise, soundtracks and events all linked to the same brand or characters. 6) What is convergence and what device...