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The crisis in media diversity Who owns TV Who owns radio Who owns newspapers & publishing

Who owns the media?

Super-Concentrated

The media landscape is dominated by massive corporations that, through a history of mergers and acquisitions, have concentrated too much control in too few hands. This leads to a lack of diversity of voices, programming that is out of touch with local concerns and increasingly commercial and homogenized news and entertainment. Further consolidation will produce media in which only the powerful few will be heard.

The chart below maps out the control the six most concentrated giants exert over all forms of news, entertainment and information.

Click on these links to view information on conglomerates that control:



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.

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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).

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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.

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2006 revenues: $25.3 billion
News Corporation's 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, TVGuide, the magazines Barron's and SmartMoney, book publisher HarperCollins, film production companies 20th Century Fox, Fox Searchlight Pictures and Blue Sky Studios, numerous Web sites including MarketWatch.com, and non-media holdings including the National Rugby League.

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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 Google's new Video Marketplace.

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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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