Q1:What are Second-tier corporations and where can most of these companies be found? (cellis)

A1: Second-tier corporations are those "that are national or regional powerhouses, or that control niche markets, like business or trade publishing. About half of these second-tier firms come from North America; most of the rest are from Western Europe and Japan" (Bucy, 94). (kmartinez)

Q: How have media giants been created and why do these large corportaions have such powerful distribution? Give specific examples of some of these media giants. (ijoshi)

A: Things such as "the deregulation of media ownership, the privatization of television, and new communications technologies have made it possible for media giants to establish powerful distribution and production networks." (93) General Electric, AT&T/Liberty Media, Disney, Time Warner, Sony, and Viacom are just a few of these media giants. (murban)