Thursday 21 November 2013

Definition of Cross-media Convergence from the examiner

Cross Media Convergence is really a Business Studies term and refers to companies coming together vertically or horizontally (or both). The example often cited in exams is of Working Title making use of its parent company(s) to gain access to bigger stars and a better distribution network for their films. (We will learn some of these definitions next term so don't worry about them now)

Synergy basically means companies working together to achieve an objective that couldn't be achieved independently. 1 + 1 = 3

Cross-media convergence can help with synergy if companies are wise enough to take advantage of the links they have forged. Disney is an obvious example of a synergistic company from the top down from Film Studio to Kids' TV Channel (where it further plays and promotes its films) to the Disney Store (in the street and online) where your kids can pester you to buy all the merchandise and DVDs/CDs they've seen on the TV/Web or in the cinema

No comments:

Post a Comment