media concentration & conglomeration

Media concentration: Fewer media companies as several merge to form one, e.g., Journal and Sentinel consolidate and become MJS. =Less competition with 1 paper instead of 2 Media conglomeration: Combination of companies in different media businesses to form conglomerates, e.g., Time (a publishing company) and Warner Bros. (a movies/TV company) combine to form Time Warner. =Horizontal integration, synergy

Media concentration:

Fewer media companies as several merge to form one, e.g., Journal and Sentinel consolidate and become MJS.

=Less competition with 1 paper instead of 2

Media conglomeration:

Combination of companies in different media businesses to form conglomerates, e.g., Time (a publishing company) and Warner Bros. (a movies/TV company) combine to form Time Warner.

=Horizontal integration, synergy

Movies/TV/Internet/Publishing/etc… Viacom (Paramount, Dreamworks, cable) CBS Corp (CBS, CW [50%] publishing, radio) News Corp (Fox, 20th C. Fox, cable, books, newspapers, satellite, MySpace) Disney (Disney, ABC, cable, theme parks) GE (Universal, NBC, Telemundo, cable, theme parks) Time Warner (Warner Bros., AOL, CW [50%], magazines, cable content + provider)

Movies/TV/Internet/Publishing/etc…

Viacom (Paramount, Dreamworks, cable)

CBS Corp (CBS, CW [50%] publishing, radio)

News Corp (Fox, 20th C. Fox, cable, books, newspapers, satellite, MySpace)

Disney (Disney, ABC, cable, theme parks)

GE (Universal, NBC, Telemundo, cable, theme parks)

Time Warner (Warner Bros., AOL, CW [50%], magazines, cable content + provider)

Big 4, Music - “major labels” (actually each company combines dozens of smaller labels) Universal Music Group (Interscope, Geffen, A&M, Island, Def Jam… part of French co. Vivendi) Sony BMG (Arista, Columbia, Epic… part of Sony & Bertelsmann, a publishing co.) EMI (Capitol, Hollywood, Virgin… not a conglom) Warner Music Group (Atlantic, Asylum… not a conglom)

Big 4, Music - “major labels”

(actually each company combines

dozens of smaller labels)

Universal Music Group (Interscope, Geffen, A&M, Island, Def Jam… part of French co. Vivendi)

Sony BMG (Arista, Columbia, Epic… part of Sony & Bertelsmann, a publishing co.)

EMI (Capitol, Hollywood, Virgin… not a conglom)

Warner Music Group (Atlantic, Asylum… not a conglom)