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Media cross-ownership is the common ownership of multiple media sources by a single person or corporate entity. [1] Media sources include radio, broadcast television, specialty and pay television, cable, satellite, Internet Protocol television (IPTV), newspapers, magazines and periodicals, music, film, book publishing, video games, search engines, social media, internet service providers, and ...
Cross ownership is a method of reinforcing business relationships by owning stocks in the companies with which a given company does business. Heavy cross ownership is referred to as circular ownership. In the US, "cross ownership" also refers to a type of investment in different mass-media properties in one market. [1]
Concentration of media ownership, also known as media consolidation or media convergence, is a process wherein fewer individuals or organizations control shares of the mass media. [1] Research in the 1990s and early 2000s suggested then-increasing levels of consolidation, with many media industries already highly concentrated where a few ...
Ownership of television stations with overlapping coverage areas was normally not allowed in the United States prior to 2002, even those that were not duopolies under the present legal definition, by way of being located in separate albeit adjacent markets; this required broadcasters to apply for cross-ownership waivers in some cases to retain ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 2 February 2025. Large company involved in mass media industry A media conglomerate, media company, media group, or media institution is a company that owns numerous companies involved in mass media enterprises, such as music, television, radio, publishing, motion pictures, video games, amusement park ...
The studio remains in ownership of the show. Before the fin-syn rules were established, networks would put into practice "profit participation." With this, they gained greater control and avoided the risks by forcing the production companies to deficit finance their programs. Such practice led multiple production companies into financial hardships.
Dispersal of ownership (also ownership dispersal, dispersed media ownership) is a standpoint that opposes concentration of media ownership and mergers of media conglomerates. This position generally advocates smaller and local ownership of media as a way to realize journalistic values and inclusive media public sphere in the society.
Currently, a handful of corporations control the vast majority of both digital and legacy media. [2] [3] [4] Critics allege that localism, local news and other content at the community level, media spending and coverage of news, and diversity of ownership and views have suffered as a result of these processes of media concentration. [5]