One of our lectures in class was on conglomeration. I had never heard of that word until Mr. Miller taught it to us in class. Conglomeration is when a whole bunch of things are brought together, when one giant company owns and controls others. For example, Disney is a giant company. But I never knew that it owned so many smaller companies. The main ones that I can think of is ABC Family and Marvel Entertainment. But, there are many more companies that Disney controls.
Conglomeration can be a good thing and a bad thing. The company gets more money, which for them is a good thing, and we as the consumers get more pop culture. I love pop culture so I think conglomeration is great. We get the same things over and over. For people like me, who enjoy pop culture conglomeration is a good thing. But there are some negative things that come along with it.
A negative effect for the company and the consumer would be decreased quality. For the consumers that don't like seeing the same thing over and over again, a negative effect would be less diverse content.
Overall, conglomeration could be seen as a good thing or a bad thing. I see it as both, good and bad. I like that the consumers get more pop culture, but it also allows one company to dominate the media industry leading to less diverse content.
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