This document summarizes several key issues in contemporary media ownership and practice:
1) Independents have less established reputations than conglomerates, making it harder for them to get funding and collaboration from other companies. Conglomerates can benefit from vertical integration across multiple stages of film production and distribution.
2) Cross-media convergence and synergy between companies in different media sectors can increase audience reach and promotional opportunities. Conglomerates are better positioned to leverage synergies due to their reputations and industry dominance.
3) New technologies like HD, 3D, and online/social media marketing have changed production and promotion, appealing to wider audiences but potentially disadvantaging those without online access. However,