Business Finance
Describe how media conglomerates are organized in the United States. Use an exam

Question Description

Describe how media conglomerates are organized in the United States. Use an example of one media conglomerate and examine is various parts. How might these parts work together for mutual advantage

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Final Answer

A media conglomerate, media group or media institution is a company that owns large numbers of companies in various mass media such as television, publishing, radio, movies, and the internet.

  The walt Disney Company is America's largest media conglomerate in terms of revenue


there is concentration of ownership, reducing diversity in ownership and standardization of culture

Some nations can influence and control their media greatly. In addition, powerful corporations also have enormous influence on mainstream media.

The idea of corporate media itself may not be a bad thing, for it can foster healthy competition and provide a check against governments. However, the concern is when there is a concentration of ownership due to the risk of increased economic and political influence that can itself be unaccountable.

Prof23 (283)
UT Austin

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