XYZ Communications owns a coliseum, a hockey team, several magazines and newspapers, a television network, and various retail outlets. What concept does this type of ownership reflect?

A) media bias
B) horizontal integration
C) vertical integration
D) media regulation

Media Regulation

The control or guidance of mass media by governments and other bodies to ensure compliance with laws, standards, and policies, often to protect public interest.

Horizontal Integration

A strategy where a company acquires or merges with other companies at the same level of the production process in the same or different industries to expand its operations or market.