syndicate

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Syndicate

An association of individuals formed for the purpose of conducting a particular business; a Joint Venture.

A syndicate is a general term describing any group that is formed to conduct some type of business. For example, a syndicate may be formed by a group of investment bankers who underwrite and distribute new issues of Securities or blocks of outstanding issues. Syndicates can be organized as corporations or partnerships.Newspaper or press syndicates came into existence after the Civil War. A press syndicate sells the exclusive rights to entertainment features, such as gossip and advice columns, comic strips, and serialized books, to a subscribing newspaper in each territory. These "syndicated" features, which appear simultaneously around the United States, can generate large sums for the creators of the features and for the syndicate that sells them. Similarly, when television programs are syndicated, one station in each television market is allowed to broadcast a popular game show or rebroadcast a popular network series. A syndicated show may be televised at different times depending on the schedule of the local station. In contrast, on network television, a program is televised nationally at one scheduled time.

The term syndicate is also associated with Organized Crime. In the 1930s, the term crime syndicate was often used to describe a loose association of racketeers in control of organized crime throughout the United States. For example, the infamous "Murder, Inc." of the 1930s, which was part of a national crime syndicate, was founded to threaten, assault, or murder designated victims for a price. A member of the crime syndicate anywhere in the United States could contract with Murder, Inc., to hire a "hit man" to kill a person.

syndicate

n. a joint venture among individuals and/or corporations to accomplish a particular business objective, such as the purchase, development, and sale of a tract of real property, followed by division of the profits. A joint venture, and thus a syndicate, is much like a partnership, but has a specific objective or purpose after the completion of which it will dissolve. (See: joint venture)

syndicate

noun alliance, association, cartel, combine, company, consortium, council, federation, guild, league, machine, merger, organization, partnership, pool, ring, societas, union
See also: act in concert, alliance, amalgamate, association, business, cartel, coalition, combine, committee, compact, confederacy, consortium, corporation, enterprise, federation, institute, merger, organization, partnership, pool, trust
References in periodicals archive ?
Newstex provides licensed syndication of online content, including blog, vlog and Twitter content.
Voxant's Viral Syndication Network solves a critical problem for traditional news broadcasters, publishers and advertisers as more and more news consumers turn to the Internet," said Voxant CEO Jeff Crigler.
27, 2000 opens the possibility for syndication of section 202 projects by changing the definitions of eligible owner entities.
85-37, Recognition of Notes Received for Real Estate Syndication Activities.
Next, the report features an analysis of applied content syndication and describes how RSS and other technologies are actively used, including Weblog concepts and uses.
Since the launch of the beta version of the BlogBurst network in May, the service has grown into the largest syndication network of its kind with over 3,000 blogger members from more than 45 countries.
Specifically, DataChannel will be providing DataChannel XML technology to Vignette Syndication Server, the first application utilizing ICE.
The SFV online video syndication program is designed for online publishers, webmasters and bloggers who are interested in providing their audience or community with updated links to free online video clips on targeted topics.
Jeff Jarvis, widely-known media consultant, who will lead a keynote discussion that imagines the possibilities of syndication
Together, GSI Commerce and WebCollage provide the premier Web content syndication service to leading online commerce sites," said Eli Singer, CEO of WebCollage.