A media conglomerate describes companies that own large numbers of companies in various mass media such as television, radio, publishing, movies, and the Internet.
As of 2008, The Walt Disney Company is the world's largest media conglomerate with News Corporation, Viacom and Time Warner ranking second, third and fourth respectively.
Sony is also a media conglomerate (its revenue is actually more than Disney's), but it involves in a diversity of other manufacture and businesses.
A conglomerate is, by definition, a large company that consists of divisions of seemingly unrelated businesses.
It is questionable whether media companies are unrelated, as of 2007. The trend has been strongly for the sharing of various kinds of content (news, film and video, music for example). The media sector is tending to consolidate, and formerly diversified companies may appear less so as a result. Therefore the term media group may also be applied. It has not so far replaced the more traditional usage
CBS Corporation (NYSE: CBS, NYSE: CBSA) is an American media conglomerate focused on broadcasting, publishing, billboards, and television production, with most of its operations in the United States. The President and CEO of the company is Leslie Moonves. Sumner Redstone, owner of National Amusements, is CBS's majority shareholder & serves as Chairman. The company's name came into being on December 31, 2005 and began trading on the NYSE on January 3, 2006. Until then, the corporation was known as Viacom, and is the legal successor to said company.[2] A new company, keeping the Viacom name was spun off from CBS. CBS, not Viacom, retains control of the partial and total over-the-air television & radio broadcasting, TV production & distribution , publishing, pay-cable, recording, and outdoor advertising assets formerly owned by the larger company. However, National Amusements, through Redstone, retains majority control of both firms.
On January 24, 2006, CBS Corporation, and Warner Bros. announced that they were to create a new broadcast network, The CW Television Network. The network officially debuted on September 18, 2006. The network formally debuted on September 20 with the 2 hour premiere of America's Next Top Model.
The CW
The network is the result of a merger of The WB (a Warner Brothers holding) and UPN (a CBS Corporation holding). CBS Corporation and Time Warner will each own 50% of the network. Tribune Broadcasting (which previously owned a 25% stake on The WB) and CBS Corporation will contribute its stations as new network affiliates.
List of assets owned by CBS
* Television networks: CBS, The CW (co-owned with Time Warner), CBS College Sports Network, Showtime Networks
* Television broadcast affiliates: CBS Television Stations
* Television production and distribution: CBS Television Studios (aka CBS Studios, Inc. and CBS Broadcasting, Inc.), CBS Television Distribution, Big Ticket Television, Spelling Television, CBS Studios International, etc.
* Record Label: CBS Records
* Radio: CBS Radio
* Digital Media: CBS Interactive, CBS Innertube, Last.fm, CNET Networks, BNET, Consumating, Download.com, GameFAQs, Game Rankings, GameSpot, Metacritic, Movie Tome, MP3.com, mySimon, TechRepublic, TV.com, VersionTracker, ZDNet, Wallstrip
* Outdoor advertising: CBS Outdoor
* Publishing: Simon & Schuster
* Consumer products: CBS Consumer Products
* Legacy brands: Westinghouse Electric Corporation
* Other assets: CBS Films, CBS Operations, CBS Games, CBS Outernet MKTierCo Production Company
https://en.wikipedia.org/wiki/CBS_Corporation
# CBS Mandate, the logo/branding guidelines used on TV stations owned by CBS Corporation.
# Concentration of media ownership and Media conglomerate
# MTV Networks/BET Networks, part of the new Viacom corporation.
Some of the largest media conglomerates include:
* Bertelsmann
* Canwest Global
* CBS Corporation (owned by National Amusements)
* Comcast Corporation
* Fininvest
* General Electric
* Hearst Corporation
* Hollinger International
* Lagardère Media
* Liberty Media
* News Corporation
* Organizações Globo
* Grupo PRISA
* Sony
* E. W. Scripps Company
* Time Warner
* Grupo Televisa
* Gruppo Editoriale L'Espresso
* The Times Group (distinct from Times Newspapers of News Corporation)
* Viacom (owned by National Amusements)
* Vivendi
* The Walt Disney Company
* World Wrestling Entertainment
* Bonnier Group
* Schibsted
Concentration of media ownership
Critics have accused the larger conglomerates of dominating media, especially news, and refusing to publicize or deem "newsworthy" information that would be harmful to their other interests, and of contributing to the merging of entertainment and news (sensationalism) at the expense of tough coverage of serious issues. They are also accused of being a leading force for the standardization of culture (see globalization, Americanization), and they are a frequent target of criticism by partisan political groups which often perceive the news productions biased toward their foes.
In response, the companies and their supporters state that they maintain a strict separation between the business end and the production end of news departments.
There is also the issue of tremendous concentration of media ownership, reducing diversity in both ownership and programming (TV shows and radio shows). There is also a strong trend in the U.S. for conglomerates to eliminate localism in broadcasting, instead using broadcast automation and voice tracking, sometimes from another city in another state. Some radio stations use prepackaged and generic satellite-fed programming with no local content, except the insertion of radio ads.
See also
* Concentration of media ownership
* Media imperialism
* Media proprietor
* Lists of corporate assets
Recent activities
January 12, 2009

In late 2003, Murdoch acquired a 34 per cent stake in Hughes Electronics, the operator of the largest American satellite TV system, DirecTV, from General Motors for $6 billion (USD).

In 2004, Murdoch announced that he was moving News Corp.'s headquarters from Adelaide, Australia to the United States. Choosing a US domicile was designed to ensure that American fund managers could purchase shares in the company, since many were deciding not to buy shares in non-US companies. Some analysts believed that News Corp's Australian domicile was leading to the company being undervalued compared with its peers.

On July 20, 2005, News Corp. bought Intermix Media Inc., which held MySpace.com and other popular social networking-themed websites for $580 million USD. On September 11, 2005, News Corp. announced that it would buy IGN Entertainment for $650 million (USD).[12]

Rupert Murdoch and Ted Turner are long-standing rivals. In 1996 Murdoch launched the Fox News Channel to compete against Turner's CNN.[13]

The subject of Murdoch's alleged anti-competitive business practices resurfaced in September 2005. Australian media proprietor Kerry Stokes, owner of the Seven Network, instituted legal action against News Corporation and the PBL organization, headed by Kerry Packer. The suit stems from the 2002 collapse of Stokes' planned cable television channel C7 Sport, which would have been a direct competitor to the other major Australian cable provider, Foxtel, in which News and PBL have major stakes.

Stokes claims that News Corp. and PBL (along with several other media organizations) colluded to force C7 out of business by using undue influence to prevent C7 from gaining vital broadcast rights to major sporting events. In evidence given to the court on September 26, 2005, Stokes alleged that PBL executive James Packer came to his home in December 2000 and warned him that PBL and News Limited were "getting together" to prevent the AFL rights being granted to C7.

Recently, Murdoch has bought out the Turkish TV channel, TGRT, which had been previously confiscated by the Turkish Board of Banking Regulations, TMSF. Newspapers report that Murdoch has bought TGRT in a partnership with the Turkish recording mogul Ahmet Ertegün.
https://en.wikipedia.org/wiki/Rupert_Murdoch
Private meetings with politicians
Murdoch has a history of hosting private meetings with influential politicians. Both parties naturally dismiss such meetings as politically insignificant; social events, informal dinners or friendly drinks. It has however been argued that such meetings are significant because of Murdoch's exceptional influence as a media oligarch, as well as his consistent interest in and involvement with politics issues.[34]

David Cameron
In August 2008 David Cameron accepted free flights to hold private talks and attend private parties with Murdoch on his yacht, the Rosehearty.[35] Cameron has declared in the Commons register of interests he accepted a private plane provided by Murdoch's son-in-law, public relations guru Matthew Freud; Cameron has not revealed his talks with Mr Murdoch. The gift of travel in Freud's Gulfstream IV private jet was valued at around £30,000. Others guests attending the "social events" included the then EU trade commissioner Lord Mandelson, the Russian oligarch Oleg Deripaska and co-chairman of NBC Universal Ben Silverman. The Conservatives, a conservative political party in the United Kingdom, are not disclosing what was discussed.[36]
Kevin Rudd
On April 21, 2007, Australian prime minister in waiting Kevin Rudd dined with Rupert Murdoch in New York, following a one-hour private meeting at Murdoch's News Corporation Building.[37] The two men refused to say what they had discussed. Mr Murdoch would say only that they had discussed "a lot of things". Rudd would say only: "It was just a good chat about things. Life, the world, politics."[38]
Barack Obama
In early summer 2008, a "tentative truce" was brokered during a secret meeting between Barack Obama, Rupert Murdoch and Roger Ailes (President of the Fox News Channel) at the Waldorf-Astoria hotel in New York.[39][40] Obama had initially resisted Murdoch's propositions, despite senior News Corp executives having recruited the Kennedys to act as go-betweens.[40] Obama resented Fox News's portrayal of him "as suspicious, foreign, fearsome - just short of a terrorist," while Ailes said "it might not have been this way if Obama had more willingly come on the air instead of so often giving Fox the back of his hand."[40] A "tentative truce" was agreed upon; Obama would be portrayed more favourably, while Obama would be more willing to appear on Fox.[39]
https://en.wikipedia.org/wiki/Rupert_Murdoch

Film
* Twentieth Century Fox
* Twentieth Century Fox Español
* Twentieth Century Fox International
* Twentieth Century Fox Television
* Fox Searchlight Pictures
* Fox Studios Australia
* Fox Studios Baja
* Fox Studios Los Angeles
* Fox Television Studios
Television
Broadcast/Production assets
* 20th Century Fox Television
* 20th Television
* bTV
* Foxtel
* Fox Broadcasting Company
* Fox International Channels Italy
* Fox Kids (1990-2002)
* Fox Sports Australia
* Fox Telecolombia
* Fox Television Stations
* Fox Television Studios
* Imedi TV
* Latvijas Neatkarīgā Televīzija
* MyNetworkTV
* STAR TV
* TV5 RÄ«ga

Cable Assets
* Big Ten Network (49%)
* Fox Business Network
* Fox College Sports
* Fox Movie Channel
* Fox News Channel
* Fox Soccer Channel
* Fox Sports Enterprises
* Fox Sports en Español
* Fox Sports Net
* FUEL TV
* FX Networks
* Fox Reality
* National Geographic Channel (50%)
o National Geographic Channel UK (50%)
* SPEED Channel
* SportSouth
* LAPTV (Latin America — co-owned with Paramount Pictures/Viacom, Metro-Goldwyn-Mayer/MGM Holdings and Universal Studios/NBC Universal)
* Telecine (Brazil — co-owned with Globosat Canais, Paramount Pictures, MGM, Universal Studios and DreamWorks);

Direct broadcast satellite Assets
* BSkyB (39.1%)
* Sky Deutschland (39.96%)
* SKY Italia
* SKY Network Television (43.65%)
* Tata Sky (20%)

Internet
* Fox Interactive Media
o AmericanIdol.com
o AskMen.com
o Fox.com
o Foxsports.com
o GameSpy
o Hulu.com
o kSolo
o IGN
o Drownedinsound.com
o MySpace
o MyNetworktv.com
o NewRoo.com
o Strategicdatacorp.com
o Photobucket.com
o Rotten Tomatoes
o Scout.com
o SpringWidgets
o WhatIfSports
* Beliefnet
* News Digital Media
* Slingshot Labs

Magazines and Inserts
* InsideOut
* donna hay
* News America Marketing
* SmartSource
Newspapers and Information Services
United Kingdom
News International

* The Sun
* News of the World
* The Times
* Sunday Times
* thelondonpaper (a free newspaper)

Australasia
News Limited
* The Daily Telegraph (Sydney)
* The Sunday Telegraph (Sydney)
* The Australian (national)
* The Weekend Australian (national)
* The Advertiser (Adelaide)
* Sunday Mail (Adelaide)
* The Sunday Times (Perth)
* Herald Sun (Melbourne)
* Sunday Herald Sun (Melbourne)
* mX (Melbourne, Sydney and Brisbane)
* The Courier-Mail (Brisbane)
* The Cairns Post (Cairns, Queensland)
* Geelong Advertiser
* Gold Coast Bulletin
* The Mercury and Sunday Tasmanian (Hobart)
* Northern Territory News (Darwin)
* The Sunday Territorian (Darwin)
* Australian Associated Press (45%)

New Zealand
* Sunday Star-Times
Papua New Guinea
* Papua New Guinea Post-Courier

Fiji * The Fiji Times

United States * New York Post
Community Newspaper Group
* The Brooklyn Paper
* Courier-Life Publications
* TimesLedger Newspapers
* Bronx Times Reporter Inc.

International
Dow Jones & Company
Consumer Media Group
* The Wall Street Journal - the leading US financial newspaper.
* Wall Street Journal Europe
* Wall Street Journal Asia
* Barron's - weekly financial markets magazine.
* Marketwatch - Financial news and information website.
* Far Eastern Economic Review
* Financial News
Enterprise Media Group
* Dow Jones Newswires - global, real-time news and information provider.
* Factiva - provides business news and information together with content delivery tools and services.
* Dow Jones Indexes - stock market indexes and indicators, including the Dow Jones Industrial Average.
* Dow Jones Financial Information Services — produces databases, electronic media, newsletters, conferences, directories, and other information services on specialised markets and industry sectors.
* Betten Financial News — leading Dutch language financial and economic news service.
Local Media Group
* Dow Jones Local Media Group (formerly Ottaway Community Newspapers) - 8 daily and 15 weekly regional newspapers.
Strategic Alliances
* STOXX (33%) - joint venture with Deutsche Boerse and SWG Group for the development and distribution of Dow Jones STOXX indices.
* Vedomosti (33%) - Russia's leading financial newspaper (joint venture with Financial Times and Independent Media).
* SmartMoney (50%)
* FiLife.com (50%)
Books
* HarperCollins
o HarperCollins India (40%) joint venture with India Today Group
* Zondervan Publishing
o Youth Specialties — organisation helping youth workers worldwide through training seminars and conventions, resources and the internet.
o Inspirio — religious gift production.
Miscellaneous
* National Rugby League (NRL) (50%)
* Ansett Australia, Until 2000 (50%)
* Jamba! - Mobile Entertainment/Mobile Handsets Personalisation/Games.
* News Outdoor Group - Largest outdoor advertising company in Eastern Europe with over 70,000 ads including billboards and bus shelters, operating in Bulgaria, Czech Republic, Hungary, India, Israel, Poland, Romania, Russia (96 cities), Turkey & Ukraine.
o Maximedia Israel (67%)
o Mosgorreklama (50%) - Russia sign and marketing material manufacturer
o Kamera Acikhava Reklamclik (?) - leading outdoor advertising company in Turkey
* NDS Group (49%) - DRM and conditional access company.
See also
* Lists of corporate assets
References
https://en.wikipedia.org/wiki/List_of_assets_owned_by_News_Corporation