industries : ownership and control
1) Why did Facebook buy Instagram for $1bn in 2012? To help secure facebook dominance in social media . Also to further improve instagram . 2) What are the benefits for media companies of vertical integration? Eliminates dependency on external suppliers. Vertical integration gives a business independence from external suppliers.it Saves time and Reduces costs whilst also bettering product s . 3) What are the benefits for media companies of horizontal integration? Undergoing horizontal integration can benefit companies and typically takes place when they are competing in the same industry. The advantages include increasing market share, reducing competition, and creating economies of scale. 4) What is a subsidiary? a smaller company . 5) Give three examples of media companies that have used synergy to maximise the profit from a brand (there is one above to help you). 1. disney as they have theme parks etc 6) Read this BBC article on Disney buying 21st Century Fox . List...