Media notes 24/09/19
Corporate structures
What are the operating structures of media companies
A company needs to be efficient to make the most profit
Media conglomerates are structured in a way that maximises their reach whilst minimising their cost
The largest cost to a company is when they have to use services and providers outside of themselves to create or distribute their product
The most efficient conglomerate structure is to utilise vertical and horizontal integration
Horizontal integration is using subsidiaries to market and distribute your product
Vertical integration is doing everything yourself
Production -> Marketing -> Distribution -> Exhibition/Consumption
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