If the ABC, NBC, and CBS television networks were to create a separate entity called BBB Media to develop and market online original media (such as movies and documentaries) that would compete with Netflix and Hulu, this would be an example of a(n) ________.
The correct answer to the following question will be "Consolidation".
Explanation:
Obligation restructuring is an investment strategy, merging bills into some kind of single debt paid out by a lender via a management plan. Debt consolidation is particularly effective in heavy-interest debt, such as credit card payments.
Debt restructuring is a form of financial refinancing that involves taking out a loan to cover off so many others.
This is usually referred to as a personal finance mechanism for people working in high mortgage debt, but sometimes it could also refer to a monetary solution of the country to the restructuring of corporate bonds or government borrowing.