Section 1: Understanding the ownership models of institutions

Conglomerate: A huge company like Disney has smaller subsidiary companies within it. the walt disney company in America's largest media conglomerate in terms of revenue, with Time Warner, Comcast, 21st century fox, CBS corporation and viacom 

Independent: An independent company is a company that stands by its self, for example Warp and Vertical film, 

Cross Media Ownership: Ownership of multi media companies by a person or corporation

Public Service Broadcaster: Broadcasting media for the benefit of the people

Joint Venture: A business arrangement which two or more parties agree to pool their resources together for the purpose of accomplishing a task

Synergy: When two or more entitles work together for a final outcome that is advantage for all.