The document discusses the concept of "convergence culture" where old and new media collide as technologies evolve and take on multiple functions. It provides five key aspects of convergence culture: technological, economic, social/organic, cultural, and global. Technological convergence involves transforming media into digital formats. Economic convergence sees large companies exploiting franchises across different media. Social convergence refers to how people navigate multiple media simultaneously. Cultural convergence enables user-generated content and transmedia storytelling. Global convergence means international circulation of media content in today's digital world.