New Media

Top Companies in Media

The following companies control every aspect of media.

Company[3] Media Outlets Revenues (2015)[4]
Comcast Holdings include: NBCUniversal, NBC and Telemundo, Universal Pictures, Illumination Entertainment, Focus Features, DreamWorks Animation, 26 television stations in the United States and cable networks USA Network, Bravo, CNBC, The Weather Channel, MSNBC, Syfy, NBCSN, Golf Channel, Esquire Network, E!, Cloo, Chiller, Universal HD and the Comcast SportsNet regional system. Comcast also owns the Philadelphia Flyers through a separate subsidiary. $74.51 billion (NBCUniversal: $28.46 billion)
The Walt Disney Company Holdings include: ABC Television Network, cable networks ESPN, the Disney Channel, Disney XD, A&E and Lifetime, approximately 30 radio stations, music, video game, and book publishing companies, production companies Touchstone, Marvel Entertainment, Lucasfilm, Walt Disney Pictures, Pixar Animation Studios, mobile app developer Disney Mobile, Disney Consumer Products and Interactive Media, and theme parks in several countries. Also has a longstanding partnership with Hearst Corporation, which owns additional TV stations, newspapers, magazines, and stakes in several Disney television ventures. $52.46 billion
21st Century Fox Holdings include: the Fox Broadcasting Company; cable networks Fox News Channel, Fox Business Network, Fox Sports 1, Fox Sports 2, National Geographic, Nat Geo Wild, FX, FXX, FX Movie Channel, and the regional Fox Sports Networks ; film production companies 20th Century Fox, Fox Searchlight Pictures and Blue Sky Studios. $28.98 billion
Time Warner Formerly the largest media conglomerate in the world, with holdings including: CNN, the CW (a joint venture with CBS), HBO, Cinemax, Cartoon Network/Adult Swim, HLN, NBA TV, TBS, TNT, truTV, Turner Classic Movies, Warner Bros. Pictures, Castle Rock, DC Comics, Warner Bros. Interactive Entertainment, and New Line Cinema. $28.11 billion
CBS Corporation Holdings include: CBS Television Network and the CW (a joint venture with Time Warner), cable networks CBS Sports Network, Showtime, Pop; 30 television stations; CBS Radio, Inc., which has 130 stations; CBS Television Studios; book publisher Simon & Schuster. $13.88 billion
Viacom Holdings include: MTV, Nickelodeon/Nick at Nite, TV Land, VH1, BET, CMT, Comedy Central, Logo TV, Spike, Paramount Pictures, and Paramount Home Entertainment. $13.27 billion

“Although Viacom and CBS Corporation have been separate companies since 2006, they are both partially owned subsidiaries of the private National Amusements company, headed by Sumner Redstone. As such, Paramount Home Entertainment handles DVD/Blu-ray distribution for most of the CBS Corporation library.

The former News Corporation was split into two separate companies on June 28, 2013, with publishing assets and Australian media assets going to New News Corp, and broadcasting and media assets going to 21st Century Fox. Both companies remain under the control of Rupert Murdoch[5].”

In my COMM 2202 class, My professor Rebecca Edwards, told us the 5 Top Media Companies at that time.

  • Apple- $181 billion
    • IPad
    • IPhone
  • Microsoft- $85 billion
    • Windows
    • Xbox
    • Skype
    • Bing
  • Amazon- $85 billion
    • Fire stick
    • Kindle
    • Zappos
    • IMDB
    • Streaming video/music
  • Google- $70 billion
    • YouTube
    • Android
    • Google Scholar
  • Facebook- $15 billion
    • Twitter
    • Instagram
    • WhatsApp
    • Oculus- Virtual Reality” (Edwards).

“Even so, the Telecommunications Act of 1996, deregulated the radio. This way there was a sense of diversity in ownership of the media companies. The corporations were not allowed to own over a certain amount of stations” (radio-and-television, Edwards).

This works with cross-ownership and how many of the big corporations take over smaller ones in order to gain support, business, revenue and power.


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