MEDIA OWNERSHIP
Bill Kovarik, Ph.D.
Professor of Media Studies
Sources: CJR
Who Owns What?
Company web sites
Various news articles
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MEDIA OWNERSHIP
Sources: CJR
Who Owns What?
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(Above) News Corp. Chairman Rupert Murdoch testifyies on Capitol Hill Thursday, May 22, 2003, before the senate Commerce Committee hearing on media ownership. Murdoch defended his call for eased media ownership restrictions, ttelling the committee that his ownership of dozens of TV stations improves local programming and doesn't reduce diverse viewpoints. (AP Photo/Matthew Cavanaugh) © Associated Press. Used by permission. |
| COMPANY | Base | US $ 2002 |
Rank 2002 |
Broadcast | Film / Recording |
Publishing | Also Known for ... | |
| Time Warner | US | 41 |
2 |
Warner cable, HBO, CNN, TBS, TNT, Comedy Central (w/Viacom) | Warner Brothers, New Line, Elektra | Time publications (Life, Fortune, etc), AOL, Mad Magazine | Dumping AOL, creating Fortune 500 list, Atlanta Braves | |
| GE / NBC | US | 131 |
1 |
NBC, Telemundo, Bravo, CNBC, MSNBC, 14 TV stations | 5th on Fortune 500, just after Wall Mart, Exxon, GM and Ford. News division is one small part of this electronics and nuclear equipment manufacturing company. | |||
| Disney / ABC | US | 25 |
3 |
ABC TV and radio | Miramax, Touchstone, Buena Vista | Hyperion | Resort complexes Known for: Micky Mouse, acquiring Fox Kids Network |
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| Viacom / CBS | US | 24 |
4 |
CBS, MTV, BET, UPN, Nickolodian, Comedy Central (w/TW), 40 TV stations, 185 radio (Infinity) | Paramount, Famous | Simon & Schuster | Blockbuster video, amusement parks | |
| Sony | JP | 20 |
Columbia TriStar, also record deal w/Bertlesman, Epic, Nashville | Consumer electronics, chemicals, etc. All US revenues $69 billion. | ||||
| News Corp. |
US | 18 |
34 TV stations, Fox News ("fair" and "balanced") | 20th Centuy Fox | London Times, NY Post, Harper Collins | LA Dodgers, Lakers, NY Rangers, Knicks |
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| Clear Channel | US | 8.4 |
5 |
1225 radio stations (10% of all US), |
776,000 billboards, also live entertainment theaters | |||
| Bertelsmann | D | 7.8 |
Arista, BMG |
Random House, Bantam, Doubleday Gruner Jahr (Eur. mags) |
Barnes & Noble bookstores | |||
| Thompson | CA |
7.0 |
9 |
Newspaper chain | Thompson newspapers McGraw Hill, Wadsworth | |||
| OmniCom | US | 6.9 |
6 |
Major advertising and marketing firm | ||||
| Gannett | US | 6.3 |
7 |
USA Today, 101 dailies, 22 TV stations, | Gannett | Considered the McDonalds of Journalism | ||
| Interpublic | US | 6.7 |
Ad agencies: Initiative, Universal McCann, Magna Global, Foot Cone Belding Rival: Omnicom |
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| Reed - Elsevier | UK | 6.6 |
Lexis-Nexis, academic & technical books | |||||
| Interpublic | US | 6.2 |
8 |
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| Tribune Co. | US | 5.3 |
9 |
20 TV stations, | Chicago Trib, LA Times, Balt Sun, Daily Press (VA), Newsday (NY) | Highly converged media Chicago Cubs (the impossible dream... ) |
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| USA InteractiveNetworks | US | 5.2 |
10 |
SciFi Channel, HomeShopping | Ticketmaster | |||