Assignment

Industry convergence and consolidation, as well as the creation of massive new digital media players,
have all responded to such technological advances. Large mergers occurred in the 1990s and early
2000s, when the largest media corporations tried to spread their interests across platforms. The
convergent media sector has a new driver in the form of social media. The social side of media
convergence did not flourish until the 2000s, with the advent of Web 2.0 sites that aspired to be user-
focused, decentralized, and able to adapt over time as users updated them through continual
participation. It is a direct result of the digitalization of media material and the popularization of the
Internet, and it brings together the "three C's"—computing, communication, and content. Established
industries, services, and work practices are transformed by media convergence, which allows for the
emergence of completely new types of content.

Analysis
Deregulation - Businesses may function without fear of being hampered by rules and regulations.
They are free to create new items, establish their own pricing, expand into other countries, buy new
assets, and engage with customers without being constrained.

Consolidation- Consolidation might diminish competition in the markets, raising the cost of liquidity
for some businesses and obstructing interest rate arbitrage between markets.

Risk-management tools- you can use these tools to better understand the impact of your business to
the public

Globalization-
Financial Innovation- Business innovation is a critical driver of global factor productivity and long-term
economic growth. As a result, businesses must have the financial resources to effectively adapt
foreign technology, goods, and processes to their local conditions.