1.2B Flashcards
What is a Conglomerate
(Walt Disney studios)
Profit based large business consisting of different companies
Pay profits to shareholders as well as investing in business
What is Horizontal integration
A company that specialises in one type of business, **buys up lots of other companies that are in the same business ** to support cross promotion
Vertical integration
(Walt Disney studios)
Conglomerate has the ability to produce, advertise and distribute its products because these processes can be carried out by subsidiaries, affiliates or joint ventures
Public service
(BBC)
Acts in the publics Interest serving all audiences through high white services to inform educate and entertain
Public service pros-
-Funded through tv licence fee
- original content for audiences
-no commercial ads
-no fake news
What is a Independent company
(Clock work films)
Single entity working for itself only one type of product - would need another company to help distribute its products
Independent company pros
Niche, specialised companies can develop successful franchises
Opportunities to create ventures
Paid to collab with others to produce high quality products
Freedom to tackle non-mainstream subjects