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In mod America, it feels like y'all accept an unlimited multifariousness of amusement and media options right at your fingertips.

Tv set, movie, and video game companies seem to come out of the woodwork in today'south startup-axial economy. Who knows what they'll do next?

Merely while information technology mayseem like you have limitless options, most of the media you consume is endemic by i of six companies. These six media companies are known equally The Large 6.

While independent media outlets yet exist (and at that place are alot of them), the major outlets are almost all owned past these half-dozen conglomerates. To be clear, "media" in this context does not refer just to news outlets — it refers to whatsoever medium that controls the distribution of information. And so here, "media" includes 24-hour news stations, newspapers, publishing houses, Internet utilities, and even video game developers.

With that in mind, let'due south accept a look at each of The Big six, who command them, and what they ain.

Media Conglomerate #one: National Amusements

Unless you're directly involved in business and / or amusement, you've probably never heard of National Amusements before. The company owns pic theaters throughout the world — near 950 total — but it owns much more than simply moving-picture show theaters. NA's huge drove of backdrop is staggering.

Whether they own a company entirely, possess majority shares, or even ain minority voting shares, the scope of NA'due south reach is enormous for a company that'southward known less than its subsidiaries. To outset our look at NA, let'south check out one of the biggest names in modern business concern — Sumner Redstone.

Head: Sumner Redstone

Sumner Redstone is the electric current owner of National Amusements and all of its backdrop. While his girl Shari has the championship of President, Sumner Redstone retains most of the control over the company. NA was offset founded by Sumner Redstone's begetter Michael Redstone, making National Amusements ane of the near powerful and successful corporate dynasties in the U.s.a..

None of the Redstones publish their salaries. After all, National Amusements is a private company. However, finance experts can guess at Sumner Redstone'south overall net worth.

His net worth refers to the total fiscal value of what Sumner Redstone owns, minus any outstanding debts. As he nears his 94th birthday in 2017, Sumner Redstone (and his manor) is worth an estimated $4.6 billion, according toForbes.

While a decent amount of that value comes from his stake in National Amusements, much more of it comes from the companies that he owns.

Television and Film Assets

The about famous avails of National Amusements are almost all Viacom and CBS properties. Combined, they make up the lion'southward share of NA'south television and picture show acquisitions.

Even so, that's merely a portion of what NA owns.

Print Assets

National Amusements has a modest collection of impress publishers, but they're pretty well-known. The most well-known is Simon and Schuster, which National Amusements acquired when it purchased Viacom in 1999.

Video Game Assets

Along with other entertainment assets, National Amusements controls CBS Games. Since its conquering, CBS Games has rebranded to CBS Interactive, which at present controls well-known gaming websites that we'll look at adjacent.

Internet Avails

With CBS Interactive, National Amusements controls giant chunks of the video game news and sports news industries. These brands include GameSpot, Metacritic, c|net, and 247-Sports.

Media Conglomerate #2: Disney

Disney is probably the nigh well-known media proper noun on this listing. The company has a paw in only about every medium in the world from children'due south cinema to sports. When it comes to tv set and film, there's a good take chances you're watching something endemic past the Disney company — even if information technology doesn't have Disney'south name.

Why? They own so,and then much. Permit'southward showtime with the company'south leader.

Head: Bob Iger

Disney appear Bob Iger equally CEO on March thirteen, 2005, post-obit the departure of Michael Eisner. Since then, Iger has run a campaign of mergers and acquisitions to expand Disney into an fifty-fifty greater media powerhouse, especially with the acquisition of Marvel ($4 billion) and Lucasfilm ($4 billion). His published salary is $44.ix meg.

That breaks down to:

• $1.73 million per paycheck
• $172,692.32 per mean solar day
• $21,586.54 per hour

Why does Iger make so much money? He (technically) oversees all of the following companies.

Goggle box and Motion picture Assets

First, allow's await at the bread and butter of Disney — idiot box, and film. Because they accept theme parks built to their entertainment assets, information technology's clear that Disney is best known for its TV and film backdrop. In that location are and so many dissimilar companies that yous actually merely have to meet it for yourself.

Print Assets

Disney's impress assets are a mix of proprietary publishers, Lucasfilm acquisitions, and Marvel properties. The mix gives Disney a decision-making interest in massive publishing niches, particularly comic books, and science fiction novels. Disney likewise owns ESPN, which has its own publishing arm for all things sports.

Video Game Assets

Finally, Disney owns a few video game assets. They're non huge, merely they're enough to keep Disney mildly competitive and upward-to-engagement in the video game manufacture (especially mobile gaming). GameStar, a subsidiary of Disney Interactive Studios, is one of the all-time-known video game developers bought by Disney.

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Media Conglomerate #three: TimeWarner

At the fourth dimension of publication (11/7/16), information technology'southward possible that ATandT will shortly purchase TimeWarner for around $80 billion. If that happens, ATandT will acquire everything beneath and more than. In the meantime, let'due south take a more in-depth look at TimeWarner and what it owns.

Head: Jeff Bewkes

Jeff Bewkes is the CEO of TimeWarner. He makes $32.v one thousand thousand per yr. That works out to:

• $1.25 million per paycheck
• $125,000 per workday
• $15,625 per hour

So why does one American earnthe brand equally much money as Micronesia in a year? As the head of TimeWarner, he's responsible for all of the post-obit companies.

TV and Film Assets

TimeWarner owns an incredible amount of television and picture properties. The most famous is probably Warner Brothers Animation Studios, which owns backdrop like Looney Tunes. Along with that, TimeWarner has articulation ventures in The CW and Hulu, along with ultra-niche Tv programming for medical waiting rooms.

TimeWarner has as well played a big role in comic book adaptations into movies, well-nigh notably with Batman. Terminal, TimeWarner'southward HBO branch achieved global renown with its runaway fantasy dramaGame of Thrones, an accommodation of George R. R.

Martin'due southA Song of Ice and Burn. Needless to say, TimeWarner's television and film branches — including joint ventures like Hulu and CW — are doing pretty well these days.

Print Assets

On peak of its incredible Television and movies, TimeWarner also controls several big-name print avails, includingFourth dimension (patently).

Investments

TimeWarner has one of the almost diverse investment portfolios of any media company. Their investments act as controlling interests in lots of companies, some of which aren't related to media. But no matter what they are, each investment gives TimeWarner a stronger foothold in media.

Video Game Avails

As the possessor of DC Comics, Looney Tunes, and tons of other fictional characters, it makes sense that TimeWarner owns a list of achieved video game studios. The virtually well-known is probably NetherRealm, which owns and publishes the controversial (and popular)Mortal Kombat serial. They also ain Rocksteady, which is responsible for many of the latest Batman games.

Music Avails

TimeWarner doesn't own a lot in music, but they have enough to ensure musical support for their other properties. WaterTower Music might be the amend-known concern of the two enterprises, but Warner Music Group is nevertheless an essential role of the TimeWarner brand.

Internet Avails

Finally, TimeWarner is the get-go visitor on our list that also acts as an Internet access provider. TimeWarner Cable is a major Isp in the United States, and it regularly competes with Comcast. While its reputation differs from person to person, TimeWarner Cable is wildly profitable, and it's become a major pillar of TimeWarner's success.

Media Conglomerate #iv: Comcast

Comcast is one of the few remaining Internet service providers in the United States. They as well provide cable television and phone services to residential and business customers. In 2013, Comcast expanded its accomplish into entertainment past purchasing NBC and pretty much all of its properties.

While most people know NBC as simply a television station, information technology also has major stakes in media companies around the world. That makes Comcast a major contender in global media, especially in the The states.

Head: Brian L. Roberts

Brian L. Roberts became President of Comcast in 1990, back when the company only earned$657 million in annual acquirement.

That may sound like a ridiculous figure to use with the term "only," merely under Roberts' leadership, the company now earns $74.5 billion annually. As a result, Roberts is compensated well. He earns $twoscore.viii million per year, which works out to:

• $1.57 million per paycheck
• $156,923.04 per workday
• $19,615.38 per hour

That salary may exist exclusive to Comcast'due south utilities subscriptions. But that's not the only manner the ISP megalith earns coin.

Tv set and Film Assets

With the acquisition of NBC, Comcast expanded its repertoire of Television and film assets many times over. TV programming from NBC, picture palace from Universal Pictures, and side by side-gen publishers like AwesomenessTV are all integral to Comcast's growth and sustainability over the next few decades. Fifty-fifty their religious niche co-operative — Big Idea — plays an important role in Comcast'southward continued success and increased competitiveness in the media world.

Net Assets

Nearly famously, Comcast is known every bit an Internet provider. It'southward a direct competitor to TimeWarner Cable, and it'south the primary (or merely) ISP in dozens of regions in the The states.

Ventures

Last, Comcast has a laundry list of ventures that information technology launched (or helped launch). This gives Comcast an interest in dozens of seemingly-unrelated companies every bit an investor and potentially a future shareholder for the most successful branches.

Media Conglomerate #5: News Corp

News Corp is the media conglomerate best known for its line of Fox companies. Those include Fox News, FX, and pretty much every other visitor with the name "Fox" in it. The company generated more than $33 billion in 2012, and it controls a huge number of print products compared to other media conglomerates.

To go a better grasp of News Corp, permit'south check out their CEO Rupert Murdoch.

Caput: Rupert Murdoch

While News Corp underwent a split in 2013, Rupert Murdoch remains the caput of about of News Corp's current assets. With a hand in boob tube, picture, music, and print, Murdoch is mayhap the most successful Australian entrepreneur to build an international empire. Equally a result, Murdoch earns something to the melody of $22.iii million per twelvemonth, which is roughly:

• $857,692 per paycheck
• $85,769.20 per workday
• $10,721.15 per hour

So what practise Murdoch and his world-famous News Corp command?

TV and Film Assets

News Corp owns the Fox brand, which means they command a deadline-unreasonable amount of media outlets via television and film. There'southward not much more to say about it — News Corp merely owns alot of outlets.

Music Avails

On top of TV and film, News Corp also owns a handful of music avails. It'southward not News Corps's biggest branch, but it works for their needs, which is typically supporting the TV and motion-picture show divisions with music (Play a trick on Music). Wireless Group PLC, on the other hand, is an Irish radio circulate corporation — one of the biggest in the country.

Print Assets

News Corps'due south foundational asset is print. The visitor owns hundreds of national, regional, and local newspapers around the world. The most famous is probably theWall Street Journal, which fits the mold of News Corps'south focus on financial information.

News Corp too owns HarperCollins, which owns the Christian-niche Zondervan, making News Corp a major player in retail books every bit well.

Media Conglomerate #half dozen: Sony

Sony is one of the oldest companies on this list since it was founded in 1946. It too has i of the most recent CEO changes. In 2012, Kazuo Hirai became CEO of the entire corporation, which might be the near well-known electronics make on the planet. But Sony is so much more than an electronics company.

They have interests across almost all media industries, and Hirai has helped keep the company current and competitive.

Head: Kazuo Hirai

"Kaz" Hirai started work at Sony Music Entertainment Nihon in 1984, and he's been with the company always since. He climbed Sony's corporate ladder quickly, somewhen culminating with his CEO appointment on Apr 1, 2012. Since then, Sony has had some issues, only it's too had some successes. Almost notably, Sony recently posted a666% increase in profit as it launched a turnaround plan. The announcement came almost exactly four years afterward Hirai become CEO.

At 55, Hirai is one of the youngest leaders of a global conglomerate. Merely still, he conspicuously knows what he's doing. For his vision, Hirai earns well-nigh $4.9 one thousand thousand every year.

Compared to the other CEOs and presidents on this listing, that's pretty modest. Simply it'due south still life-changing money for 99% of the globe. Hirai's salary breaks down to:

• $161,540.80 per paycheck
• $sixteen,154.08 per work day
• $2019.23 per hour

Let'due south check out the scope of Hirai's responsibilities.

Tv set and Film Assets

Sony has a manus in dozens of television and movie theatre companies. Sony works in production, distribution, and but about every other phase of the television receiver and film processes. So it makes sense that Sony owns media outlets in lots of dissimilar countries, nearly notably Japan and the U.s..

Music Assets

Sony'south music arm is well-known throughout the world. Their music artillery work in both support for their television and film production branches, simply they too publish music from artists.

Internet Assets

So-net is Sony'due south Cyberspace service co-operative. Information technology's but bachelor in Nippon, andoffers double speeds of Google Fiber for less money. That makes So-cyberspace ane of the most generous ISPs in the earth in terms of speed.

Non-Media Assets

Sony also owns non-media avails, including a bank, fiscal holdings, and a creative suite. These non-media assets don't publish information, but they certainly play a major role in Sony'due south financial success.

Investments

Last, Sony has a portfolio of investments, much like other media companies on this list. As with our other companies, Sony's investments give it command over more areas of the media industry without attempting risky projects themselves. If it fails, Sony just loses a fraction of what they would lose if they had attempted a projection themselves.

If it succeeds, Sony has an involvement — fifty-fifty acontrolling interest — in how the new company develops.

Total Value of Media's Big half-dozen: $430 Billion

For perspective, if these half dozen companies were a state,they would be the 26th wealthiest state in the globe past Gdp between Poland ($467 billion) and Nigeria ($415 billion).

That's enough coin to give every American$1348.39. These companies are probably here to stay for the next decades — or even centuries. The just way they'll disappear is if they're bought past another megalithic company or run out of business organisation by a major market place shakeup that leaves themno time to adapt.

This phenomenon is called "besides big to fail," and it'southward often practical to worldwide banks like Citi or Banking company of America. But it also applies here. These companies are profit engines that continue growing.

And when they can't abound, they buy the smaller businesses that exercise. Update: At the time of publication, AT&T is attempting to acquire TimeWarner for roughly $80 billion. The deal is withal in negotiations, and the FCC may cake it to prevent monopolization.

Do you publish your own media?

The cute part of the Cyberspace is that every company has the ability to be its own media visitor — but perchance non on the same scale equally TimeWarner. Practise yous publish blogs?

Videos? Articles? Graphics?

Guides? Whatsoever you mail to your site, you're in control of your company'southward media. You may not be involved in a multi-billion dollar enterprise, but you nonetheless control your company'due south publications.

How do you apply media to your reward? Let us know onTwitter orFacebook!

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Source: https://www.webfx.com/blog/internet/the-6-companies-that-own-almost-all-media-infographic/

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