XYZ Communications owns a coliseum, a hockey team, several magazines and newspapers, a television network, and various retail outlets. Which of the following is this type of ownership an instance of?

Question

Quizplus · Accepted Answer

This is an instance of vertical integration because XYZ Communications owns businesses that are involved in different stages of the production and distribution of media content. They own the coliseum where events take place, the hockey team that plays in the coliseum, several magazines and newspapers that cover events and stories happening in the coliseum, a television network that broadcasts games and events, and retail outlets that sell merchandise related to the team and events in the coliseum.

XYZ Communications Owns a Coliseum, a Hockey Team, Several Magazines