
MC
media consolidation
Topic EconomicConcentration 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. Research in the 1990s and early 2000s suggested then-increasing levels of consolidation, with many media industries already highly concentrated where a few companies own much of the market. The proliferation of the Internet and with it the advent of new media companies challenged this oligopoly, before market share bei
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