Which statement best describes the recent trend in media ownership?
A) The U.S. government is increasingly buying media companies.
B) Most companies have transitioned from for-profit to not-for-profit entities.
C) Media companies are being consolidated into larger companies.
D) Media companies are breaking up into smaller, independent companies.

Question

Quizplus · Accepted Answer

Media companies are being consolidated into larger companies. This trend can be seen in recent mergers and acquisitions such as Disney's acquisition of Fox, Comcast's acquisition of NBCUniversal, and AT&T's acquisition of Time Warner. This has led to a smaller number of companies owning a larger portion of the media landscape, which can have implications for media diversity and competition.

Which Statement Best Describes the Recent Trend in Media Ownership