The 5 Major Conglomerates Of The US Media

As techno capitalism moves into a dazzling and seductive information/entertainment society, mergers between the media giants are proliferating, competition is

Fairfax media, originally John Fairfax and Sons, was founded by John Fairfax in 1941 and for over 170 years has grown to become one of Australia’s largest media companies. The company’s operations include the distribution of newspapers, magazines, radio as well as operating digital media throughout Australia and New Zealand. Some notable figures from Fairfax Media’s current Board of Directors include company chairman Roger Corbett, Chief Executive Officer and Managing Director Greg Hywood and Chief Financial Officer, David Housego. This report provides a situational analysis regarding the current stage the business’s lifecycle and the internal and external influences on the business. This is followed by an

The media shouldn’t be owned by corporations or viewership numbers. The television is a power platform that is broadcasted directly into the homes, and minds, of almost every American. It has the ability to come into people’s lives to

Media corporations have been merging into fewer (and larger) entities which are better able to control the flow of information to the public. Because of their size and power, they can prevent unfavorable coverage of their activities in the media outlets they own. In 1983, 50 corporations controlled the vast majority of all news media in the U.S. In 1992, fewer than two dozen of these corporations owned and operated 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. Now 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. Democracy can't exist without an informed public. We rely on unbiased news from independent

The media industry in the United States of America (US) is one such industry. As a powerful communication tool, the media has attracted many companies but only a handful has grown big. These media giants have dominated the local market and are currently seeking to conquer the global media industry in search of better profits.

If they are owned within an entity of parent companies who will benefit or be harmed from information, who controls the information? Who watches companies new to the game, like Facebook, who is ready to publish it’s own news? The reason for the social responsibility theory was to help those who did not have access to information for citizenship. But, today there is more un-filtered data than anything, and a person trying to access this might not be able to tell if it’s true or not. Something that has happened recently is that large companies control for information is popular, and ‘in the now’ of wants and needs. Americans do not want the government to take action against the companies, and it itself has been leery to do so. In Europe, though, broadcasting is covered in taxes and so is newspaper

Media is 95% controlled by two companies NBC Universal and Sony Corporation of America. They own radio, television, networks, programming, sports and movie theaters and more. Since those two companies control what we are exposed to daily they can have a strong influence on our behavior and motivators. Media is a business and as such they are building audience ratings to promote revenue and profits (Curtis). Media is power because it influences our lives on a daily basis and because of that power it is has been called the “Fourth

Are you aware that six corporations control 90% of the media In America? The Media Industry is changing everyday, companies must continually change the way they deliver products to the public. Some of the best examples of how companies are using new media to distribute products are Carnival Films, and Youtube. Carnival Film is the production company behind Downton Abbey. You Tube is a video sharing sight that started out as a place for John Q. Public to post his home movies. YouTube has become an internet phenomenon and a distribution point for features film, music videos and TV shows. It is important to understand how the companies use the internet to air the products. More important to us the consumer is to understand who owns

Today’s media is far too consolidated. In 1983, fifty companies owned 90% of the media, but in 2011, that same 90% was owned by just 5 (1). This is why I propose that the Federal Communications Commission (FCC) lower the limit on the amount of market share that an organization can own; moving us closer to an ‘ideal democracy’. I also add the stipulation that if media was struggling to find a foot hold in the market, the FCC could grant all media outlets non-profit status; however, this stipulation is simply a clause in case breaking up outlets had unintended consequences and this will not be explored through this paper.

Over the centuries, the media has played a significant role in the shaping of societies across the globe. This is especially true of developed nations where media access is readily available to the average citizen. The media has contributed to the creation of ideologies and ideals within a society. The media has such an effect on social life, that a simple as a news story has the power to shake a nation. Because of this, governments around the world have made it their duty to be active in the regulation and control of media access in their countries. The media however, has quickly become dominated by major mega companies who own numerous television, radio and movie companies both nationally and

Until the 1980s, the control of the media was in the hands of the national government. From then, the control shifted to private outlets and by the 1990’s, there were more than fifty multinational companies who controlled it (“Mass Media”). Today, only about six major companies control the larger fraction of media in America (Williams, Par. 1). Norman Solomon wrote in the New Political Science Journal that most reporters and editors work for just a few huge companies. These journalists and editors are on the payroll for “mega-media institutions”, of which, only about six exist (Solomon 297). How much will the public learn if these companies generally control the output of information?

Comcast is a large cable and satellite television provider in the United States. The company has been plagued with internal weaknesses and external threats in recent years and is in desperate need of turning around its customer service department as quickly as possible. Aside from customer service, the way the television industry is marketed to is changing, Comcast has to stay on the cutting edge in price, product quality, flexibility of plans, and customer service. Comcast has many different areas of their business that need to be analyzed to see where they can invest time and monetary resources to improve the quality of their product and service to their customers.

Time Warner In 1989, the largest Media Corporation was formed. The integration of Time Inc. and Warner communications produced Time Warner, which in 1996 with the acquisition of Turner broadcasting, regained it's status from Disney as the largest media corporation in the world. The company right now, with over 200 subsidiaries world- wide, is becoming fully global with it's profits from the USA falling, and it's profits throughout the world rising.

News Corporation accounted for six popular national newspapers in the UK. This level of ownership impacts the variety of ideas and values that can circulate. Concentration of media ownership threatens democracy in political journalism(Baker, 2007), leading to over-representation of political viewpoints, values that are favoured by media owners. There is a negative correlation between media domination and levels of pluralism which is needed in society, to sustain representation. The concentration of media ownership leads to less competing suppliers, thus leaving a gap in a democratic political system. Due to Rupert Murdoch’s large media empire, it has been said that he has wielded political power through his influence over headlines. It could be interpreted this way when considering the support given by News Corporation owned newspapers, to Margaret Thatcher in the 1980s and Tony Blair in 1997. The impact of Rupert Murdoch can also be shown

A conglomerate is a large company that owns several media products. The conglomerate I have chosen is Disney/ ABC. headquartered in Burbank, California. It is one of the largest media conglomerates in the world in terms of revenue. Disney was founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio (SEGD 2014). Widely known and bringing in a lot of revenue, this company continues to grow.