Knowledge Check
Questions
- The value chain is how effective horizontal and vertical integration is.
- Horizontal integration is how a media product is advertised by a conglomerate.
- Cross-media ownership enables synergy since if a company wants to make one of their pieces of media available to another source of media then they might merge with another company to create the new piece of media.
- An example if synergy from a media conglomerate would be if a large media company like 20th Century Fox wanted to make one of their films into a game then they may use synergy to merge with a game company such as Activision in order to create the game.
- Production job, Advertising job, Merchandising and Distribution.
- An Editor would be part of the production sector of a company and would edit the piece of media to make it better.
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