A syndicate is a temporary professional financial services alliance formed for the purpose of handling a large transaction that would be hard or impossible for the entities involved to handle individually. Syndication allows companies to pool their resources and share risks.
Also know, what does news syndication mean?
In general, syndication is the supply of material for reuse and integration with other material, often through a paid service subscription. The most common example of syndication is in newspapers, where such content as wire-service news, comics, columns, horoscopes, and crossword puzzles are usually syndicated content.
What does a syndicate do?
A syndicate is a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest. In most cases formed groups aim to scale up their profits.
What is syndication in journalism?
Newspaper syndicate, also called Press Syndicate, or Feature Syndicate, agency that sells to newspapers and other media special writing and artwork, often written by a noted journalist or eminent authority or drawn by a well-known cartoonist, that cannot be classified as spot coverage of the news.