AQA GCSE Media Studies · 8572
Paper 1, Paper 2
A structure in which a parent company holds a controlling stake in several smaller companies, called subsidiaries.
Revise: Ownership, production and convergenceConglomerate ownership means that a parent company owns a controlling stake in several smaller companies, called subsidiaries. The Walt Disney Company and News Corp are examples. A subsidiary may retain its own name and specialist identity while belonging to a larger organisation.
- Revise: The Daily Mirror