The document summarizes several major media conglomerates: - Time Warner is a global leader in television networks, film, and television entertainment. - General Electric operates in power, oil/gas, aviation, healthcare and other industries and is among the largest and most profitable U.S. firms. - Viacom has interests in cinema and cable television and is the world's sixth largest broadcasting and cable company. - News Corp was spun off from 21st Century Fox and focuses on newspapers and publishing. - The Walt Disney Company is the world's second largest broadcasting and cable company and operates TV networks, film studios, parks and resorts. - Sony is a Japanese conglomerate focused on