Commercial Media and the Economic System Within the global economic system commercial media are powerful players. They not only support and complement the needs of nonmedia firms, but also stimulate corporate growth within countries. As they are also the main vehicle for advertising, commercial media moreover facilitate the marketing of products and services.

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Extract of AOL Time Warner’s Content Production and Distribution Holdings The following selection does not claim to present an exhaustive listing, but rather picks some of the company's most important assets. Due to the rapid developments in the world of media giants the list is also subject to changes. Cable TV Systems and Channels/Networks Time Warner Cable has 12.6 million subscribers in the U.S. and also runs 5 local 24-hour news stations. Cable TV channels/networks (some part-owned): HBO, HBO Plus, HBO Signature, HBO Family, HBO Comedy, HBO Zone, Cinemax, MoreMAX, ActionMAX, ThrillerMAX, HBO en Espa-ol, Comedy Central, Court TV, HBO Ole, HBO Asia, HBO Central Europe, CNN, CNN Headline News, CNN International, CNNfN, CNN/Sports Illustrated, CNN en Espa-ol, CNN Airport Network, CNN Radio, CNN Radio Noticias, CNN Interactive TBS Superstation, Turner Network Television, Cartoon Network, Turner Classic Movies, TNT Europe, Cartoon Network Europe, TNT Latin America, Cartoon Network Latin America, TNT & Cartoon Network/Asia Pacific, CNN+, n-tv Movies, TV, Video Production, and Movie Theaters Warner Bros. film studio Warner Bros. Television production studios Warner Bros. Home Video Turner worldwide Home Video Turner Pictures Castle Rock Entertainment movie production company New Line Cinema movie production company Warner Bros. film library Turner Film Library Hanna Barbera Cartoons Owns many movie houses, with over 1,000 screens, around the world Book Publishing Time Life Inc. Book-of-the-Month Club Warner Books Little, Brown and Company Oxmoor House Leisure Arts Sunset Books Magazines Time, People, Sports Illustrated, Fortune, Life, Money, Parenting, In Style, Entertainment Weekly, Cooking Light, Baby Talk, First Moments, Coastal Living, Health, Progressive Farmer, Southern Accents, Southern Living, Sports Illustrated, For Kids, Sunset, Teen People, Time for Kids, Weight Watchers, Mutual Funds, Your Company, Asiaweek, President, Wallpaper. Hippocrates Recorded Music Warner Music Group The Atlantic Group Elektra Entertainment Group Rhino Entertainment Sire Records Group Warner Bros. Records Warner Music International WEA Inc. WEA Corp. WEA Manufacturing Ivy Hill Corp. Warner Special Products Alternative Distribution Alliance Giant Merchandising Deals with record labels include: Maverick records Tommy Boy Sub Pop Qwest 143 Records Internet and New Media About 130 Websites including: CNN.com, AllPolitics.com, CNNSI.com, Time Digital, People, Southern Living, Sports Illustrated Turner New Media Online Services including: Compuserve, Netscape, Netcenter Pro Sports Teams and Promotions Atlanta Braves major league baseball team Atlanta Hawks NBA basketball team World Championship Wrestling Goodwill Games Other Six Flags entertainment/excursion parks Warner Bros. Movie World theme park Over 150 Warner Bros. stores, plus Turner Retail Group 25 % stake in Atari 14 % stake in Hasbro Business Connections with Other Media Companies Joint ventures, equity interests or major arrangements with Viacom, Sony, Bertelsmann, News Corp., Kirch, EMI, Tribune Co., and others.

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1960s - 1970s: Increased Research in Artificial Intelligence (AI) During the cold war the U.S. tried to ensure that it would stay ahead of the Soviet Union in technological advancements. Therefore in 1963 the Defense Advanced Research Projects Agency (DARPA) granted the Massachusetts Institute of Technology (MIT) U.S.$ 2.2 million for research in machine-aided cognition (artificial intelligence). The major effect of the project was an increase in the pace of AI research and a continuation of funding. In the 1960s and 1970s a multitude of AI programs were developed, most notably SHRDLU. Headed by Marvin Minsky the MIT's research team showed, that when confined to a small subject matter, computer programs could solve spatial and logic problems. Other progresses in the field of AI at the time were: the proposal of new theories about machine vision by David Marr, Marvin Minsky's frame theory, the PROLOGUE language (1972) and the development of expert systems.

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Machine vision A branch of artificial intelligence and image processing concerned with the identification of graphic patterns or images that involves both cognition and abstraction. In such a system, a device linked to a computer scans, senses, and transforms images into digital patterns, which in turn are compared with patterns stored in the computer's memory. The computer processes the incoming patterns in rapid succession, isolating relevant features, filtering out unwanted signals, and adding to its memory new patterns that deviate beyond a specified threshold from the old and are thus perceived as new entities.

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