Industries: Ownership and Control
1) What is a conglomerate in the media industry? Conglomerates are the big media companies 2) What is a subsidiary ? Subsidiary are the smaller media companies that are brought 3) What are the benefits for media companies of vertical integration ? The benefits of vertical integration are that the company has full ownership over all the processes for producing the media content. This makes it so that the company makes more profit. 4) What are the benefits for media companies of horizontal integration ? The benefits of horizontal integration are that the company makes more money as they have brought the other company so they have two streams of income. It also eliminates the competition between the companies as they both now make income for the same company. In addition, if one company fails they have the other one to still make money. 5) Give three examples of media companies or brands that have used synergy to maximise their pr...
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