Media Conglomerates

A conglomerate is a corporation with holdings in a diverse range of businesses, which can include media companies. A media conglomerate, however, includes holdings only in media and is by definition diversified into more than one medium, such as print, broadcasting, and/or online. Conglomerates have been criticized for diminishing journalism in order to raise profits, for not allowing their news divisions the independence to report on their owners impartially, and for reducing the diversity of voices in media.

A media conglomerate can be privately owned or publicly traded. Most of the largest media conglomerates are publicly traded, having typically raised the capital needed for their expansion by selling shares to the public. Most of the largest global media conglomerates are based in the United States, reflecting ...