Industries: Ownership and Control
1) What is a conglomerate in the media industries? conglomerate in the media industries are major media companies who own lots of subsidiaries which are smaller companies 2) What is a subsidiary ? subsidiary are smaller media companies which are owned by conglomerates. 3) What are the benefits for media companies of vertical integration ? this give the companies the chance to make money at every stage of production. 4) What are the benefits for media companies of horizontal integration ? it allows media 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. There are examples in the notes above to help you. Disney Instagram universal studios 6) What is convergence and what device has changed the relationship between audiences and producers? convergence is that we can now...