Which Companies Really Control the Media?
We all know we can’t trust the corporate media to educate us on topics that matter. When is the last time any corporate news network covered the global anti-Monsanto protests? Probably never. So who controls the corporate press? The media is an oligopoly monopoly.
Comcast is a big one. Racking in $55.8 billion in 2011, according to FreePress.net, the company owns NBC, Telemundo, E Entertainment, Versus, Hulu, Universal Pictures, and 14 television stations.
Disney racked in $40.1 billion in 2011. Disney’s assets include ABC, ESPN, A&E, the History Channel, Lifetime, Discover magazine, Bassmaster magazine, Hyperion publishing, Touchstone pictures, Pixar Animation, Miramax Film, as well as 10 television stations and 277 radio stations.
The next media giant is News Corp. Known for its conservative and election-buying tactics, the corporation made $33.4 billion in 2011. News Corp. owns the Fox Network, Fox News Channel, FX, National Geographic Channel, The Wall Street Journal, TV Guide, the New York Post, DirecTV, the publishing company HarperCollins, Twentieth Century Fox, the website MySpace, and 27 television stations.
Time Warner owns HBO, CNN, the Cartoon Network, TIME Magazine, Warner Bros, Turner Broadcasting and DC Comics. The corporate giant made $29 billion in 2011.
Viacom made $14.9 billion in 2011 and owns Comedy Central, BET, Nickelodeon, TV Land, MTV, VH1, Paramount Pictures, The Movie Channel as well as an addition 10 television stations.
CBS Corporation racked in $14.2 billion in 2011 and owns Smithsonian Channel, Showtime, Paramount Network Television, and 30 television stations.