cross-ownership

American  

[kraws-oh-ner-ship, kros-] / ˈkrɔsˈoʊ nərˌʃɪp, ˈkrɒs- /

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.

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Etymology

Origin of cross-ownership

First recorded in 1970–75

Example Sentences

Regulators in Japan have encouraged companies to unwind cross-ownership in recent years.

From Barron's

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

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