Conglomerate

A media conglomerate is a company that owns a large number of corporations in many media sectors such as television, radio, publishing, movies and the internet.

Media had never been more consolidated, 6 media giants now control the 90% of what we read, watch or listen to. In 1983 there was about 50 companies that controlled that 90%. The big six companies’ control 70% of your cable that you watch through television.

 Time Warner

This is the world’s second largest media and entertainment conglomerate in terms of its revenue. 178 million users read the Time Warner News every month. Time Warner owns DC Comics, Time Magazine and other publications such as Cage & Aviary Birds, The Railway Magazine, and Nuts.

The notable properties of this company are:

-          CNN

-          HBO

-          Time

-          Warner Bros

 News Corporation

News Corporation owns the top newspaper on 3 continents; they also avoided $875m in US taxes.

The notable properties of this company are:

-          Fox

-          Wall Street Journal

-          New York Post

Viacom

The notable properties of this company are:

-          MTV

-          Nick JR

-          Bet

-          CMT

-          Paramount Pictures

-          DreamWorks

General Electric (GE)

The notable properties of this company are:

-          Comcast

-          NBC

-          Universal Pictures

-          Focus Features

CBS

The notable properties of this company are:

-          Showtime

-          Smithsonian Channel

-          NFL.COM

-          Jeopardy

-          60 Minutes

Walt Disney

This is the largest media conglomerate in the world in the terms of its revenue.

The notable properties of this company are:

-          ABC

-          ESPN

-          Pixar

-          Miramax

-          Marvel Studios

-          Walt Disney Pictures