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A conglomerate is a large company composed of a number of companies (subsidiaries) engaged in generally unrelated businesses. Some media conglomerates use their access in multiple areas to share various kinds of content such as: news, video and music, between users. The media sector's tendency to consolidate has caused formerly diversified ...
Concentration of media ownership, also known as media consolidation or media convergence, is a process wherein fewer individuals or organizations control shares of the mass media. [1] Research in the 1990s and early 2000s suggested then-increasing levels of consolidation, with many media industries already highly concentrated where a few ...
Hearst Communications. Hearst Communications, Inc. (often referred to simply as Hearst and formerly known as Hearst Corporation) is an American multinational mass media and business information conglomerate based in Hearst Tower in Midtown Manhattan in New York City. [3] Hearst owns newspapers, magazines, television channels, and television ...
ESPN Inc. is an American multinational sports media conglomerate majority-owned by the Walt Disney Company, with Hearst Communications as an equity stakeholder. [1] Headed by James Pitaro, it owns and operates local and global cable and satellite television variants of ESPN, ESPN2, ESPN Radio, ESPN.com, ESPN+ and other related ventures. [2][3 ...
Former assets. Light TV (joint venture with Mark Burnett, Roma Downey and MGM Television, sold to Allen Media Group and rebranded as TheGrio TV) Litton Entertainment (absorbed into Hearst Media Production Group) Litton Worldwide Distribution. Litton Media Sales.
Warner Bros. Discovery is an American multinational mass media and entertainment conglomerate based in New York City. The company works in the following areas: film, television, cable networks and publishing operations. The following is a list of major assets that are owned by Warner Bros. Discovery.
The Bertelsmann SE & Co. KGaA, commonly known as Bertelsmann (German pronunciation: [ˈbɛʁtl̩sˌman] ⓘ), is a German private multinational conglomerate corporation based in Gütersloh, North Rhine-Westphalia, Germany. It is one of the world's largest media conglomerates and is also active in the service sector and education. [4] [5]
The Cisneros conglomerate, based atop the Two MiamiCentral building in downtown Miami since 2016, owns or holds interests in more than 30 companies in 90 countries, including Venevisión, one of ...