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WHO OWNS THE U.S. CORPORATE MEDIA? [View All]

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Orwellian_Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-17-08 08:59 PM
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WHO OWNS THE U.S. CORPORATE MEDIA?
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In 1983, 50 corporations controlled the vast majority of all news media in the U.S. At the time, Ben Bagdikian was called "alarmist" for pointing this out in his book, The Media Monopoly. In his 4th edition, published in 1992, he wrote "in the U.S., fewer than two dozen of these extraordinary creatures own and operate 90% of the mass media" -- controlling almost all of America's newspapers, magazines, TV and radio stations, books, records, movies, videos, wire services and photo agencies. He predicted then that eventually this number would fall to about half a dozen companies. This was greeted with skepticism at the time. When the 6th edition of The Media Monopoly was published in 2000, the number had fallen to six. Since then, there have been more mergers and the scope has expanded to include new media like the Internet market. More than 1 in 4 Internet users in the U.S. now log in with AOL Time-Warner, the world's largest media corporation.

In 2004, Bagdikian's revised and expanded book, The New Media Monopoly, shows that only 5 huge corporations -- Time Warner, Disney, Murdoch's News Corporation, Bertelsmann of Germany, and Viacom (formerly CBS) -- now control most of the media industry in the U.S. General Electric's NBC is a close sixth.





2006 revenues: $163.4 billion
General Electric media-related holdings include television networks NBC and Telemundo, Universal Pictures, Focus Features, 26 television stations in the United States, and cable networks MSNBC, Bravo and the Sci Fi Channel.



2006 revenues: $44.2 billion
Time Warner is the largest media conglomerate in the world, with holdings including: CNN, the CW (a joint venture with CBS), HBO, Cinemax, Cartoon Network, TBS, TNT, America Online, MapQuest, Moviefone, Netscape, Warner Bros. Pictures, Castle Rock, and New Line Cinema, over 150 magazines such as Time, Cooking Light, Marie Claire and People.

Time Warner services 17.9% of all cable subscribers, gaining 3.5 million subscribers from its joint aquisition of Adelphia with Comcast. Time Warner now has 14.4 million cable customers (plus 1.5 million held in partnership with Comcast).



2006 revenues: $34.3 billion
The Walt Disney Company owns the ABC Television Network, cable networks including ESPN, the Disney Channel, SOAPnet, A&E and Lifetime, 227 radio stations, music and book publishing companies, production companies Touchstone, Miramax and Walt Disney Pictures, Pixar Animation Studios, the cellular service Disney Mobile, and theme parks around the world.



2006 revenues: $25.3 billion
News Corporations media holdings include: the Fox Broadcasting Company, television and cable networks such as Fox, Fox Business Channel, National Geographic and FX, 35 television stations, print publications including the Wall Street Journal, the New York Post and TVGuide, book publisher HarperCollins, film production companies 20th Century Fox, Fox Searchlight Pictures and Blue Sky Studios, and the National Rugby League.



2006 revenues: $14.3 billion
CBS Corporation owns the CBS Television Network, CBS Television Distribution Group, the CW (a joint venture with Time Warner), Showtime, book publisher Simon & Schuster, 27 television stations, and CBS Radio, Inc, which has 140 stations. CBS is now the leading supplier of video to Googles new Video Marketplace.



2006 revenues: $11.5 billion
Viacom holdings include: Music Television, Nickelodeon, VH1, BET, Comedy Central, Paramount Pictures, Paramount Home Entertainment, Atom Entertainment, publishing company Famous Music and music game developer Harmonix. Viacom 18 is a joint venture with the Indian media company Global Broadcast news.

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  -WHO OWNS THE U.S. CORPORATE MEDIA? Orwellian_Ghost  Jan-17-08 08:59 PM   #0 
  - And that is why it is time to start breaking up these Mega Corporations.  MadMaddie   Jan-17-08 09:03 PM   #1 
  - Oprah owns a big hunk of it, but you left her out nt  msongs   Jan-17-08 09:04 PM   #2 
  - What big chunk of it does Oprah own?  donheld   Jan-18-08 04:49 AM   #21 
  - Oprah will have her own network soon. OWN. Or Oprah Winfrey Network. Blows my mind.  TheGoldenRule   Jan-18-08 09:48 AM   #33 
     - She won't be the first n/t  spokane   Jan-18-08 07:09 PM   #51 
  - Thanks for this...  shoopnyc   Jan-17-08 09:05 PM   #3 
  - Interconnected  Orwellian_Ghost   Jan-17-08 09:07 PM   #4 
  - Big Media Interlocks with Corporate America  Orwellian_Ghost   Jan-17-08 09:09 PM   #5 
  - "We the mainstream people" need to be looking at a president who seeks..  Triana   Jan-17-08 10:03 PM   #9 
  - I was particularly interested in your "talk clock" which shows the corp media's favorite Dem  Sarah Ibarruri   Jan-17-08 09:16 PM   #6 
  - Great timing, I just had a debate with a hard core right winger  liberal N proud   Jan-17-08 09:19 PM   #7 
  - But were Iowa & NH stolen? That's the question. nt  TheGoldenRule   Jan-18-08 09:51 AM   #34 
  - something doesn't make sense about these numbers  onenote   Jan-17-08 09:35 PM   #8 
  - Thanks for pointing this out  Oeditpus Rex   Jan-18-08 01:30 PM   #47 
  - Frightening,isn't it?  Fed_Up_Grammy   Jan-17-08 10:08 PM   #10 
  - THEY TELL US WHAT IS IMPORTANT, WHAT TO THINK ABOUT, WHAT TO THINK  YEBBA   Jan-17-08 10:15 PM   #11 
  - "Free Press" my ass. Even with 60 it's still elitist.  JanMichael   Jan-17-08 10:19 PM   #12 
  - no wonder we have no real news anymore  madokie   Jan-17-08 10:19 PM   #13 
  - And instead of passing legislation to curtail this trend, our Congress  southerncrone   Jan-17-08 10:22 PM   #14 
  - like a virus, attaches itself to the host and multiplies  seemslikeadream   Jan-17-08 10:23 PM   #15 
  - Corporate or not, the media will operate as a business in a capitalist economy...  Writer   Jan-17-08 10:25 PM   #16 
  - Yeah, like this:  TheGoldenRule   Jan-18-08 09:54 AM   #35 
  - We don't live in a capitalist economy - we live in a regulated capitalist economy  aint_no_life_nowhere   Jan-18-08 01:06 PM   #46 
  - I love info. I love it even more when sourced --  snot   Jan-17-08 11:53 PM   #17 
  - Media deregulation under Reagan and Bush  aint_no_life_nowhere   Jan-17-08 11:57 PM   #18 
  - Time for a new label for 'corporatist'.....  dmosh42   Jan-18-08 04:19 AM   #19 
  - Don't forget Slick Willie  ProudDad   Jan-18-08 07:57 PM   #53 
  - I think John Edwards will be our own , modern-day 'trust-buster'.  AzDar   Jan-18-08 04:41 AM   #20 
  - Not likely.  Clark2008   Jan-18-08 06:07 AM   #26 
     - Maybe or maybe not. But Hillary or Obama are far more diabolically worse. nt  TheGoldenRule   Jan-18-08 09:56 AM   #36 
  - What Candidate Does the Corporate Media and Hell Most Corporations Support?  leftchick   Jan-18-08 05:02 AM   #22 
  - This post should have a sticky  malaise   Jan-18-08 06:02 AM   #23 
  - an awful lot completely ignore her complicity  leftchick   Jan-18-08 06:04 AM   #24 
     - Yep n/t  malaise   Jan-18-08 06:05 AM   #25 
  - I see you've listed part of the unelected shadow government of the  mmonk   Jan-18-08 06:09 AM   #27 
  - ...NSA, Homeland "Security," Big Brother, Inc. They decide; "elections" don't  Echo In Light   Jan-18-08 06:29 AM   #28 
  - this thread needs many many many kicks. Thank you. n/t  deacon   Jan-18-08 06:37 AM   #29 
  - A second kick for those who missed it yesterday  liberal N proud   Jan-18-08 09:24 AM   #30 
  - Kick n/t  malaise   Jan-18-08 09:41 AM   #31 
  - Bagdikian is a local export  wintersoulja   Jan-18-08 09:44 AM   #32 
  - Kicked and recommended.  Uncle Joe   Jan-18-08 10:03 AM   #37 
  - A pleasure and an obligation  Orwellian_Ghost   Jan-18-08 12:19 PM   #40 
     - The last sentence of Lippman's truly hits home.  Uncle Joe   Jan-18-08 12:42 PM   #43 
  - Ben Bagdikian was a prophet....  LanternWaste   Jan-18-08 10:16 AM   #38 
  - KICK & REC! nt  paparush   Jan-18-08 11:06 AM   #39 
  - What Makes Mainstream Media Mainstream  Orwellian_Ghost   Jan-18-08 12:22 PM   #41 
  - Excellent excellent thread, OG. Thank you!! K&R  Desertrose   Jan-18-08 12:35 PM   #42 
  - seems like murdoch owns more every damn day  spanone   Jan-18-08 12:44 PM   #44 
  - There were some great stats distributed on DU prior to the 2004 election  wiggs   Jan-18-08 12:49 PM   #45 
  - Thanks for posting this OG. Rec'd and bookmarked.  DCKit   Jan-18-08 02:03 PM   #48 
  - using distorted and misleading data to make the point about concentration doesnt' help  onenote   Jan-18-08 02:05 PM   #49 
  - Who owns the corporate media?  tbyg52   Jan-18-08 06:13 PM   #50 
  - Mom said, big business founded the country and it will always continue to run it...  Imagevision   Jan-18-08 07:12 PM   #52 
     - Mom was right  Orwellian_Ghost   Jan-19-08 10:03 PM   #54 
 

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