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 ?
More recently syndication has become a bargain against many cable shows and networks, says SNTA president Mitch Burg.
Before arrangement of the syndication, Credit Agricole CIB in China provided a bilateral bridge loan facility in Euro for Xugong Group to settle part of the acquisition price.
Voxant's exclusive focus on online news syndication benefits the entire news ecosystem:
6 million a year for five years--a guaranteed $8 million--to win syndication rights for It's Showtime at the Apollo, beginning with the 2003-2004 season.
Syndication deals negotiated years ago are responsible for ``Seinfeld'' reruns already appearing on broadcast networks across the country.
66, all fees charged by syndicators should be included in determining sales value, except fees for which future services must be performed (which should be recognized at the time they're performed) and syndication fees.
Mandatory reading for all our organisation offices and for anyone joining our Syndications and New Issues Group.
The new online syndication capabilities provided by Voxant enhance Medialink's broadcast and broadband content distribution network, which comprises broadcast and cable television, radio, venue-based media, and online distribution such as search engine marketing, podcasts and RSS feeds, and Web syndication.
Debmar-Mercury was acquired last month by Lionsgate (NYSE:LGF), the premier independent filmed entertainment studio, and is Lionsgate's wholly-owned television syndication subsidiary.
Mort and Ira are not only creative marketers, but their experience with series that don't fit the standard format proves their talent at distributing shows that are unique in the syndication market, like 'The Surreal Life' and related programs.
com), the premier developer of personalized video entertainment search and discovery experiences for consumers on the Internet, today announced the expansion of their syndication offering to Hearst Newspapers, a division of Hearst Corporation (www.
In other appointments, Laurent Deroy, who has been with Calyon since 1991, was named Head of the Loan Syndication Sales and Trading Team, on which he has served since 2000.