Media consolidation refers to the process where fewer companies own a larger share of the media market. This can include television networks, radio stations, newspapers, and online platforms. As a result, a small number of corporations control a significant amount of the information and entertainment that the public consumes, which can limit diversity in viewpoints and content. The trend of media consolidation has been driven by technological advancements and economic pressures. For example, mergers and acquisitions among major companies like Disney, Comcast, and ViacomCBS have led to a concentration of media ownership. Critics argue that this can reduce competition and diminish the quality of journalism, while proponents claim it can lead to more efficient operations and better resources for content creation.