The document discusses various topics relating to media studies, including: 1) The music industry can be divided into mainstream and independent artists, with the "Big Three" record labels historically controlling much of the market. 2) Convergence refers to the integration of multiple media platforms into a single technology - for example, the Xbox 360 functions as a game console, DVD player, internet modem. Smartphones also demonstrate convergence by combining phone calls, photos, video, music, and web browsing. 3) Media companies recognize that audiences want to consume media in various convenient ways, including on mobile devices, through short downloads of content like mp3s and music videos.