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In the twenty-first century, several U.S. media corporations have built global media empires , a development that has transformed our international media landscape and is commonly referred to as ________________.

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Answer:

Globalisation

Step-by-step explanation:

The concept is known as globalisation. Globalisation has revolutionised the flow of information, and it has created more jobs. More importantly, it pushed less developed countries towards economic growth, and it has provided more jobs, and improved the overall standard of living. In that regard, media has played a very critical role in the flow of information, and this has changed the small media companies into large media empires.

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