Media, Information and Technoculture 2100F/G- Midterm Exam Guide - Comprehensive Notes for the exam ( 31 pages long!)

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M e d i a , i n f o rm a t i o n a n d te c h n o c u l t u re 2 1 0 0 f / g. The political economy of financial successful independent hip hop. Group were known as the (cid:494)big 4(cid:495) in the music industry: these companies, along with their many subsidiaries, accounted for almost. Concentration of ownership: tendency for a sector of the economy to be dominated by a small number of companies. Oligopoly: industry owned by a few companies: emerges from a process of mergers and acquisitions, in which companies combine or buy other companies, results in creation of conglomerates, large corporations with many subsidiary units. Two types of conglomeration: the big media conglomerates do both. Horizontal integration: buying companies involved in the same activity: ex. Owning a chain of movie theatres, or newspapers, or several animation studios: ex.