Independent- This means a company stands by itself, it does its own work, it is self funded and isn't owned by another company. For example Warp Films because it does all of its films low budget and by themselves.
Conglomerate- Conglomerate means that a company has lots of small companies working for it, these company's are called subsidiary's. An example would be News Corp because News Corp owns smaller companies like 21st Century Fox, Fox News, Harper Collins Publishing and The Wall Street Journal
Synergy- This is where the subsidiaries of a company promote each other to produce a bigger audience and generate more profit. For example BBC television promotes BBC radio so that it transfers some of its audience to the other.
Subsidiary- These are the small companies that work for a big company in a conglomerate. For example 20th Century Fox is a subsidiary of 21st Century Fox.
Social realism- Social realism is a genre and a quality of a lot of Warp's Films. It is where something looks realistic/vivid and creates lots of verisimilitude.
Profit- This is the amount of money made from something so the equation for this would be revenue - cost of sales = profit.
Platforms- This is the different types of media that are avaible for every day use. TV, Radio, Internet and Magazines
In this task I have described what the key terms are with insightful definitions.
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