Media belongs to the people and it should stay that way.
Giant media corporations own and control a lot of the media. There are many smaller media companies that are subcontractors, but it’s still controled and influenced by giant media corporations. Independent media companies don’t stand a chance against these giants.
The number one goal for giant media is to grow big and eleminate competition. By becoming so big they do not have to compete with others. This affects our society.When many small individuals own bits and piece of media, it’s good for promoting diversity and equality. Also, if some companies fail, a few are affected. However, when giant media corporations own all the media, it’s bad. If one giant media corporation fails, it will hurt and affect many.
Out of the 40 Media Companies, there are at least 6 giant media corporations to watch out for General Electric, Walt Disney, News Corp., Time Warner, Viacom, CBS Corporation.
However, according to Advertising Age, the Top 10 U.S. Media Companies in 2008 are:
1 Time Warner —– $35.63 billion
2 Comcast Corp. — $26.94 billion
3 Walt Disney Co. – $17.49 billion
4 News Corp. —– $15.69 billion
5 DirecTV Group — $15.53 billion
6 NBC Universal (General Electric Co.) — $12.16 billion
7 CBS Corp. —— $12.05 billion
8 Cox Enterprises – $11.90 billion
9 Dish Network Corp. – $10.73 billion
10 Viacom ———– $9.49 billion
The Columbia Journalism Review porvides a list of holdings and timelines to major Media Companies. Check here to search other corporate media giants not listed.
Media Reform Advocacy Groups:
Free Press is a national, nonpartisan organization working to reform the media. Find media issues and policy updates in our media system.
Media Access Project (MAP) is a non-profit, public interest law firm dedicated to promoting diverse access to mass media. Find legal filings and press releases concerning media.
The Center for Media and Democracy (CMD) is an independent, non-profit, public interest organization. Find misleading PR practices, media cover-ups and media spins on its website.
