C Corporation How Many Properties Can I Buy

In modern America, information technology feels similar y'all take an unlimited variety of entertainment and media options correct at your fingertips.

Tv, moving-picture show, and video game companies seem to come up out of the woodwork in today'due south startup-centric economy. Who knows what they'll practise next?

But while it mayseem similar you take limitless options, nearly of the media you eat is endemic by one of half-dozen companies. These six media companies are known as The Large 6.

While independent media outlets still exist (and at that place are alot of them), the major outlets are virtually all owned by these six conglomerates. To be clear, "media" in this context does not refer just to news outlets — it refers to whatever medium that controls the distribution of information. And then here, "media" includes 24-hr news stations, newspapers, publishing houses, Internet utilities, and fifty-fifty video game developers.

With that in mind, let'due south accept a await at each of The Big 6, who control them, and what they own.

Media Conglomerate #1: National Amusements

Unless you're straight involved in business organization and / or entertainment, y'all've probably never heard of National Amusements before. The visitor owns movie theaters throughout the world — about 950 total — but it owns much more than just motion picture theaters. NA'due south huge collection of properties is staggering.

Whether they own a company entirely, possess bulk shares, or even own minority voting shares, the scope of NA'southward reach is enormous for a company that's known less than its subsidiaries. To first our await at NA, allow's check out one of the biggest names in modern concern — Sumner Redstone.

Caput: Sumner Redstone

Sumner Redstone is the electric current owner of National Amusements and all of its properties. While his daughter Shari has the championship of President, Sumner Redstone retains most of the control over the visitor. NA was first founded by Sumner Redstone's male parent Michael Redstone, making National Amusements one of the most powerful and successful corporate dynasties in the The states.

None of the Redstones publish their salaries. After all, National Amusements is a individual company. However, finance experts tin can guess at Sumner Redstone's overall net worth.

His net worth refers to the total fiscal value of what Sumner Redstone owns, minus any outstanding debts. As he nears his 94th birthday in 2017, Sumner Redstone (and his estate) is worth an estimated $4.vi billion, co-ordinate toForbes.

While a decent corporeality of that value comes from his stake in National Amusements, much more of it comes from the companies that he owns.

TV and Film Assets

The nearly famous assets of National Amusements are most all Viacom and CBS properties. Combined, they make upwardly the lion'south share of NA's television and picture show acquisitions.

Still, that's merely a portion of what NA owns.

Impress Assets

National Amusements has a modest collection of print publishers, but they're pretty well-known. The most well-known is Simon and Schuster, which National Amusements acquired when information technology purchased Viacom in 1999.

Video Game Assets

Along with other entertainment assets, National Amusements controls CBS Games. Since its acquisition, CBS Games has rebranded to CBS Interactive, which at present controls well-known gaming websites that nosotros'll expect at next.

Internet Assets

With CBS Interactive, National Amusements controls behemothic chunks of the video game news and sports news industries. These brands include GameSpot, Metacritic, c|cyberspace, and 247-Sports.

Media Conglomerate #2: Disney

Disney is probably the well-nigh well-known media proper name on this list. The company has a mitt in only well-nigh every medium in the world from children'due south movie house to sports. When it comes to goggle box and film, there'south a skilful chance you're watching something endemic past the Disney company — fifty-fifty if information technology doesn't have Disney'south proper name.

Why? They ain so,so much. Let's start with the company'south leader.

Caput: Bob Iger

Disney announced Bob Iger as CEO on March 13, 2005, post-obit the departure of Michael Eisner. Since and then, Iger has run a campaign of mergers and acquisitions to expand Disney into an even greater media powerhouse, specially with the conquering of Marvel ($4 billion) and Lucasfilm ($four billion). His published salary is $44.9 one thousand thousand.

That breaks down to:

• $one.73 1000000 per paycheck
• $172,692.32 per day
• $21,586.54 per hour

Why does Iger make so much coin? He (technically) oversees all of the following companies.

Boob tube and Film Avails

First, allow's expect at the staff of life and butter of Disney — television receiver, and picture show. Because they have theme parks built to their entertainment avails, information technology's articulate that Disney is best known for its TV and film properties. There are and so many different companies that you really just take to see information technology for yourself.

Impress Assets

Disney'due south print assets are a mix of proprietary publishers, Lucasfilm acquisitions, and Marvel properties. The mix gives Disney a decision-making interest in massive publishing niches, particularly comic books, and science fiction novels. Disney as well owns ESPN, which has its own publishing arm for all things sports.

Video Game Assets

Finally, Disney owns a few video game avails. They're not huge, merely they're enough to keep Disney mildly competitive and upwards-to-date in the video game industry (peculiarly mobile gaming). GameStar, a subsidiary of Disney Interactive Studios, is one of the best-known video game developers bought past Disney.

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Media Conglomerate #three: TimeWarner

At the time of publication (11/7/16), information technology'southward possible that ATandT will soon purchase TimeWarner for around $lxxx billion. If that happens, ATandT will acquire everything beneath and more. In the concurrently, permit'due south accept a more in-depth look at TimeWarner and what it owns.

Head: Jeff Bewkes

Jeff Bewkes is the CEO of TimeWarner. He makes $32.5 million per year. That works out to:

• $ane.25 million per paycheck
• $125,000 per workday
• $xv,625 per hour

So why does i American earnthe make as much money as Federated states of micronesia in a twelvemonth? Equally the head of TimeWarner, he's responsible for all of the post-obit companies.

Idiot box and Picture Avails

TimeWarner owns an incredible amount of idiot box and film backdrop. The most famous is probably Warner Brothers Animation Studios, which owns backdrop like Looney Tunes. Along with that, TimeWarner has joint ventures in The CW and Hulu, along with ultra-niche TV programming for medical waiting rooms.

TimeWarner has too played a large role in comic book adaptations into movies, well-nigh notably with Batman. Last, TimeWarner'due south HBO co-operative achieved global renown with its runaway fantasy dramaGame of Thrones, an adaptation of George R. R.

Martin'due southA Song of Ice and Burn down. Needless to say, TimeWarner'south television and film branches — including joint ventures similar Hulu and CW — are doing pretty well these days.

Print Assets

On peak of its incredible Telly and movies, TimeWarner likewise controls several big-proper noun print avails, includingTime (plain).

Investments

TimeWarner has one of the most diverse investment portfolios of any media visitor. Their investments act equally decision-making interests in lots of companies, some of which aren't related to media. But no affair what they are, each investment gives TimeWarner a stronger foothold in media.

Video Game Assets

As the owner of DC Comics, Looney Tunes, and tons of other fictional characters, information technology makes sense that TimeWarner owns a listing of accomplished video game studios. The most well-known is probably NetherRealm, which owns and publishes the controversial (and popular)Mortal Kombat serial. They also own Rocksteady, which is responsible for many of the latest Batman games.

Music Assets

TimeWarner doesn't ain a lot in music, but they have enough to ensure musical support for their other properties. WaterTower Music might be the better-known business of the two enterprises, but Warner Music Group is still an essential part of the TimeWarner make.

Internet Avails

Finally, TimeWarner is the first company on our list that also acts as an Cyberspace service provider. TimeWarner Cable is a major ISP in the United states, and it regularly competes with Comcast. While its reputation differs from person to person, TimeWarner Cablevision is wildly profitable, and information technology's become a major pillar of TimeWarner'south success.

Media Conglomerate #four: Comcast

Comcast is one of the few remaining Internet service providers in the United States. They likewise provide cable tv set and phone services to residential and business customers. In 2013, Comcast expanded its reach into amusement by purchasing NBC and pretty much all of its backdrop.

While about people know NBC as just a idiot box station, it also has major stakes in media companies effectually the earth. That makes Comcast a major contender in global media, especially in the United States.

Caput: Brian L. Roberts

Brian 50. Roberts became President of Comcast in 1990, dorsum when the company only earned$657 million in annual revenue.

That may sound like a ridiculous figure to employ with the term "only," merely under Roberts' leadership, the company now earns $74.5 billion annually. Every bit a result, Roberts is compensated well. He earns $xl.eight million per year, which works out to:

• $1.57 million per paycheck
• $156,923.04 per workday
• $xix,615.38 per hr

That salary may be sectional to Comcast's utilities subscriptions. Just that's not the only way the Internet service provider megalith earns money.

TV and Moving-picture show Assets

With the conquering of NBC, Comcast expanded its repertoire of Tv and film assets many times over. TV programming from NBC, picture palace from Universal Pictures, and adjacent-gen publishers like AwesomenessTV are all integral to Comcast'due south growth and sustainability over the next few decades. Even their religious niche branch — Big Idea — plays an important function in Comcast's continued success and increased competitiveness in the media earth.

Internet Assets

Most famously, Comcast is known as an Net provider. It's a direct competitor to TimeWarner Cable, and it's the primary (or only) ISP in dozens of regions in the United states.

Ventures

Last, Comcast has a laundry list of ventures that it launched (or helped launch). This gives Comcast an interest in dozens of seemingly-unrelated companies as an investor and potentially a futurity shareholder for the well-nigh successful branches.

Media Conglomerate #5: News Corp

News Corp is the media conglomerate best known for its line of Fox companies. Those include Fox News, FX, and pretty much every other company with the name "Fox" in it. The company generated more $33 billion in 2012, and it controls a huge number of print products compared to other media conglomerates.

To get a amend grasp of News Corp, let's check out their CEO Rupert Murdoch.

Head: Rupert Murdoch

While News Corp underwent a split up in 2013, Rupert Murdoch remains the head of most of News Corp'south current assets. With a paw in tv, picture show, music, and impress, Murdoch is possibly the near successful Australian entrepreneur to build an international empire. As a outcome, Murdoch earns something to the tune of $22.3 1000000 per year, which is roughly:

• $857,692 per paycheck
• $85,769.20 per workday
• $ten,721.fifteen per hour

And so what do Murdoch and his world-famous News Corp control?

TV and Film Avails

News Corp owns the Play tricks brand, which means they control a borderline-unreasonable amount of media outlets via television and film. There's not much more to say about it — News Corp just owns alot of outlets.

Music Assets

On top of TV and film, News Corp also owns a scattering of music assets. It'south not News Corps'south biggest branch, but it works for their needs, which is typically supporting the Goggle box and movie divisions with music (Fox Music). Wireless Group PLC, on the other mitt, is an Irish gaelic radio broadcast corporation — one of the biggest in the land.

Print Assets

News Corps'due south foundational asset is print. The visitor owns hundreds of national, regional, and local newspapers around the world. The most famous is probably theWall Street Periodical, which fits the mold of News Corps'south focus on fiscal information.

News Corp also owns HarperCollins, which owns the Christian-niche Zondervan, making News Corp a major thespian in retail books as well.

Media Conglomerate #half-dozen: Sony

Sony is 1 of the oldest companies on this listing since information technology was founded in 1946. It also has ane of the virtually recent CEO changes. In 2012, Kazuo Hirai became CEO of the entire corporation, which might exist the most well-known electronics make on the planet. But Sony is then much more than an electronics company.

They accept interests across about all media industries, and Hirai has helped go on the company current and competitive.

Head: Kazuo Hirai

"Kaz" Hirai started work at Sony Music Entertainment Nippon in 1984, and he's been with the company ever since. He climbed Sony's corporate ladder speedily, eventually culminating with his CEO appointment on April 1, 2012. Since then, Sony has had some issues, only it's also had some successes. Well-nigh notably, Sony recently posted a666% increase in profit as information technology launched a turnaround plan. The announcement came near exactly four years after Hirai get CEO.

At 55, Hirai is ane of the youngest leaders of a global conglomerate. Simply however, he conspicuously knows what he'due south doing. For his vision, Hirai earns nigh $4.ix million every year.

Compared to the other CEOs and presidents on this list, that'south pretty modest. Just it's still life-changing money for 99% of the world. Hirai's bacon breaks downwards to:

• $161,540.80 per paycheck
• $16,154.08 per work twenty-four hour period
• $2019.23 per hr

Let's check out the telescopic of Hirai's responsibilities.

TV and Flick Assets

Sony has a paw in dozens of television and cinema companies. Sony works in production, distribution, and merely nigh every other phase of the television and film processes. So information technology makes sense that Sony owns media outlets in lots of different countries, most notably Japan and the United States.

Music Assets

Sony's music arm is well-known throughout the world. Their music arms piece of work in both support for their tv and film production branches, but they also publish music from artists.

Net Assets

So-net is Sony'south Internet service branch. It's only available in Nihon, andoffers double speeds of Google Fiber for less money. That makes So-cyberspace i of the most generous ISPs in the earth in terms of speed.

Non-Media Avails

Sony also owns non-media assets, including a bank, financial holdings, and a creative suite. These non-media assets don't publish information, only they certainly play a major part in Sony's financial success.

Investments

Terminal, Sony has a portfolio of investments, much similar other media companies on this list. As with our other companies, Sony'due south investments requite information technology control over more areas of the media industry without attempting risky projects themselves. If it fails, Sony merely loses a fraction of what they would lose if they had attempted a project themselves.

If it succeeds, Sony has an interest — even acontrolling interest — in how the new company develops.

Full Value of Media'southward Big 6: $430 Billion

For perspective, if these six companies were a country,they would be the 26th wealthiest country in the world by Gdp between Poland ($467 billion) and Nigeria ($415 billion).

That's plenty money to give every American$1348.39. These companies are probably here to stay for the side by side decades — or even centuries. The only way they'll disappear is if they're bought by another megalithic company or run out of business by a major market shakeup that leaves themno time to adapt.

This phenomenon is called "too big to fail," and it's frequently applied to worldwide banks like Citi or Banking concern of America. Only it also applies hither. These companies are profit engines that keep growing.

And when they can't grow, they buy the smaller businesses that practise. Update: At the time of publication, AT&T is attempting to acquire TimeWarner for roughly $eighty billion. The deal is nonetheless in negotiations, and the FCC may block it to prevent monopolization.

Practice you publish your own media?

The cute part of the Internet is that every company has the ability to be its ain media company — but possibly not on the aforementioned scale as TimeWarner. Do yous publish blogs?

Videos? Articles? Graphics?

Guides? Whatever you post to your site, y'all're in control of your visitor's media. You may not exist involved in a multi-billion dollar enterprise, but yous however control your company's publications.

How do yous use media to your reward? Let u.s. know onTwitter orFacebook!

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Source: https://www.webfx.com/blog/internet/the-6-companies-that-own-almost-all-media-infographic/

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