cross-ownership

[ kraws-oh-ner-ship, kros- ]

noun

1. ownership of two or more similar or related businesses, as communications media, especially in the same locality:

   to forbid cross-ownership of newspapers and TV or radio stations in the same city.

Word History and Origins

Origin of cross-ownership¹

First recorded in 1970–75

Example Sentences

His son, Josh, oversees the Nuggets and Avalanche and has gotten more involved with the Rams now that the NFL has done away with its cross-ownership restrictions.

From Los Angeles Times

The whole work, Schumacher said, is full of instances of “cross-ownership”: lyrics by him, movement suggestions by Russell or Ludwig-Leone.

From New York Times

But the Federal Communications Commission gutted its limits on media ownership, including cross-ownership of newspapers and broadcasters in a particular market.

From Seattle Times

Financial details of the agreement were not released, it does not involve cross-ownership between the companies, the statement said.

From Seattle Times

The two said only that the "strategic collaboration" does not involve any cross-ownership between the companies.

From Reuters