Media conglomerate

A media conglomerate, media group, or media institution is a company that owns numerous companies in various mass media; i.e. television, radio, publishing, motion picture, and the Internet. According to the magazine Nation, "Media conglomerates strive for policies that facilitate their control of the markets around the world."

These conglomerates exist in the Americas as well as Europe and Asia. Media conglomerates have become a standard feature of the global economic system since 1950.

Terminology

A conglomerate is a large company composed of a number of smaller companies (subsidiaries) engaged in seemingly unrelated businesses.

As of 2007, it has been questioned whether media companies actually are unrelated. The practice of conglomeration has been used for the sharing of various kinds of content such as news, film and video, and music. The media sector's tendency to consolidate causes formerly diversified companies to appear less diverse as a result. Therefore, the term media group may also be applied, however, it has not so far replaced the more traditional term.

Justin Bieber

Justin Drew Bieber (/ˈbiːbər/; born March 1, 1994) is a Canadian singer, songwriter, and record producer. Bieber released his debut EP, My World, in late 2009. It was certified platinum in the U.S. He became the first artist to have seven songs from a debut record chart on the Billboard Hot 100. Bieber released his first full-length studio album, My World 2.0, in 2010. It debuted at or near number one in several countries and was certified triple platinum in the U.S. It was preceded by his most successful single to date, "Baby".

Following his debut album, he had his first headlining tour, the My World Tour, released the remix albums My Worlds Acoustic and Never Say Never – The Remixes -- and the 3D biopic-concert film Justin Bieber: Never Say Never. He released his second studio album, Under the Mistletoe, in November 2011, when it debuted at number one on the Billboard 200. Bieber released his third studio album, Believe, in 2012. His fourth studio album Purpose was released in November 2015. His U.S. album and singles sales total 44.7 million.