Chosen media: Instagram
Owner of Instagram: Facebook (Mark Zukerburg).
Cofounder and CEO of Instagram: Kevin Systrom.
Country Instagram is based in: California; San Francisco.
Wage Rate: 20$ per hour
- Leen Faraj: 2 hours = $40 a day
- Maria: 1 hour= $20 a day
- Patricia: 1 hour = $20 a day
à Total: $80 a day = 80 x 365 days= $29,200 per year
Companies that are owned by Facebook:
- Oculus VR
- Masquerade
- Messenger
- FriendFeed
- Face.com
- PrivateCore
In conclusion, Facebook has a Horizontal ownership in the media market but further research is needed to follow the trail of ownership of the companies owned by facebook.
Maria Issa, Media & Society 