What is Synergy as it relates to the Media?
Question by Gordon P: What is Synergy as it relates to the Media?
I understand that synergy is when multiple parts of a corporation come together and create more profit than if one area of the company went at it alone—but I need an example–my professor told me to think of disney….
Disney writes about an upcoming movie in a magazine that they own, people read the magazine and in turn go see the movie–which makes them want to by the soundtrack ( which disney also makes through the record business it owns) ?
if this doesn’t make very much sense..i’m confused..
thank you
Best answer:
Answer by Scribepalladin
It can be even more complicated.
1.) Disney makes a movie. Radio Disney playing in one scene.
2.) ABC/ABC Family promotes movie –“making of” documentary.
3.) Movie website promotes other Disney-owned media.
4.) Disney-owned media give rave reviews to Disney movie, announce movie-themed ride at Disneyland.
5.) Hype gets movie sequel greenlighted — and the cycle begins again.
Add your own answer in the comments!