A media conglomerate is a large company that owns multiple media businesses, including television networks, radio stations, film studios, and publishing companies. These organizations often operate across various platforms, such as print, digital, and broadcast, allowing them to reach a wide audience. Examples of media conglomerates include Disney, Comcast, and ViacomCBS.
These companies benefit from economies of scale, which can lead to cost savings and increased market power. By controlling diverse media assets, they can cross-promote content and leverage their resources to maximize profits. This consolidation can also influence the types of content produced and distributed to the public.