In recent years, there have been many mergers and acquisitions of broadcast companies, advertising and public relations agencies, research firms, publishing houses, Internet marketing firms, and all other kinds of media-related businesses, with many of them sometimes controlled by the same media holding company or corporation, known as ___________________.

Question

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A media conglomerate is a corporation or holding company that owns multiple media companies, such as television networks, radio stations, publishing companies, and film studios. This trend of consolidation has led to concerns about media monopolies and the potential for a lack of diverse perspectives and competitive markets.

In Recent Years, There Have Been Many Mergers and Acquisitions