Because Media Products Are Ethereal Pieces of Software, Large Conglomerates

question 3

True/False

Because media products are ethereal pieces of software, large conglomerates have no necessary advantage over small independent companies (such as labels, studios, or publishers).

---

Definitions:

Prospectus

An official document issued by companies that are offering securities for sale to the public, detailing the investment’s objectives, risks, and financial statements.

Securities

Financial instruments that represent an ownership position, a creditor relationship, or rights to ownership, such as stocks, bonds, and options.

Conflict of Interest

A situation in which an individual's personal interests could potentially influence or appear to influence their professional judgment or responsibilities.

Shareholders' Meeting

A gathering of a company's shareholders, designed to inform them of the company's performance, elect the board of directors, and make decisions on corporate matters.