Industries Flashcards
1
Q
Define concentration of ownership
A
Refers to the number of organisations/individuals who control ownership of the media.
2
Q
Define conglomerate
A
A large corporation that owns a large number of media companies.
3
Q
Define convergence
A
The coming together of technologies and institutions to create a new product or media experience.
4
Q
Define demerger
A
Separating a large corporation into two or more smaller organisations.