-1994
Viacom multimedia and industrial corporation takes control of Paramount Communications for US$ 9.6 billion, as well as Blockbuster Entertainment, a huge video store chain, for US$ 8.4. billion.
1995
Entertainment giant Disney buys Capital Cities-ABC for US$ 19 billion.
The industrial and broadcasting company Westinghouse Corp. buys out CBS for US$ 5.4 billion.
In a US$ 7.2 billion deal, Time Warner acquires Turner Communications, owner of prime cable TV channels CNN, TBS and TNT and a major classic American film library.
1996
Westinghouse/CBS buys Infinity Broadcasting's large group of radio stations.
Murdoch and News Corp. acquire ten more TV stations and TV production studios with the US$ 2.5 billion purchase of New World Communications Group.
Viacom buys half of UPN-TV network, adding that to its other holdings, which include eleven TV stations, along with MTV, VH-1, and other cable TV channels and Paramount movie studios.
1997
Radio Groups Chancellor Media and Evergreen merge and are linked by ownership with Capstar Broadcasting; they also buy ten radio stations from Viacom. By mid-1997 Chancellor/Capstar controls no fewer than 325 radio stations around the United States.
Chancellor/Capstar's controlling ownership group, Hicks Muse Tate & Furst, buys the seventh largest radio group, SFX, adding another seventy-two radio stations, making a total of nearly four hundred stations controlled by this one source.
Westinghouse-CBS buys out American Radio Systems, the fourth largest radio chain in total audience, which gives Westinghouse-CBS over 170 radio stations with a total audience nearly equal to that of the Chancellor/Capstar group.
Giant European-based print and electronic publishing and data base corporations Reed Elsevier and Wolters Kluwer merge.
1998
Bertelsmann buys the Random House-Alfred A. Knopf-Crown Publishing group of book publishers from Newhouse/Advance Publications, adding to its Bantam-Doubleday-Dell publishing group and giving Bertelsmann by far the largest English-language publishing operations.
1999
AOL, the worlds leading Internet service provider and Time Warner, the worlds leading classical media company merge in a US$ 243.3 billion deal.
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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.
Broadcasting
ABC TV Network with 223 affiliated TV stations covering the entire U.S.
ABC Radio Network, with 2,900 affiliated stations throughout the U.S.
Owner of 9 VHF TV stations
Owner of 11 AM and 10 FM stations
Cable TV Systems and Channels/Networks
80 % of ESPN cable TV channel and ESPN International
50 % of Lifetime cable TV channel
Internet/Interactive
Disney Interactive - entertainment and educational computer software and video games, plus development of content for on-line services.
Partnership with 3 phone companies to provide video programming and interactive services.
ABC Online
TV Production, Movies, Video, Music
Disney Television Production studios and Walt Disney Pictures movie studio
Buena Vista Television production company
Buena Vista Home Video
Miramax and Touchstone movie production companies
Buena Vista Pictures Distribution and Buena Vista International, distributors for Disney and Touchstone movies
Walt Disney Records, and Hollywood Records
Publishing
6 daily newspapers
About 40 weekly magazines, including: Discover, Women's Wear Daily, Los Angeles and Institutional Investor.
Chilton Publications
Guilford Publishing Co.
Hitchcock Publishing Co.
Theme Parks, Resorts, and Travel
Disneyland
Disney World and Disney World Resort
Part owner of Disneyland-Paris and Tokyo Disneyland
12 resort hotels
Disney Vacation Club
Cruise Lines
International TV, Film, and Broadcasting
50 % owner of Tele-München Fernseh GmbH & Co.
50 % owner of RTL Disney Fernseh GmbH & Co.
23 % owner of RTL 2 Fernseh GmbH & Co.
37,5 % owner of TM3 Fernseh GmbH & Co.
20-33 % stake in Eurosport network, Spanish Tesauro SA TV company, and Scandinavian Broadcasting System SA
20 % owner of TVA
Other
Over 500 Disney Stores, and licensing of Disney products
The Mighty Ducks professional hockey team
25 % ownership of California Angels major league baseball team
Business Connections with Other Media Companies
Joint ventures, equity interests, or major arrangements with
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Since the 1970s there had been a growing trend towards the use of computer programs in manufacturing companies. Especially functions related to design and production, but also business functions should be facilitated through the use of computers.
Accordingly the CAD/CAM technology, related to the use of computer systems for design and production, was developed. CAD (computer-aided design) was created to assist in the creation, modification, analysis, and optimization of design. CAM (computer-aided manufacturing) was designed to help with the planning, control, and management of production operations. CAD/CAM technology, since the 1970s, has been applied in many industries, including machined components, electronics products, equipment design and fabrication for chemical processing.
To enable a more comprehensive use of computers in firms the
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A mark (trademark or service mark) is "... a sign, or a combination of signs, capable of distinguishing the goods or services of one undertaking from those of other undertakings. The sign may particularly consist of one or more distinctive words, letters, numbers, drawings or pictures, emblems, colors or combinations of colors, or may be three-dimensional..." (
Written by Mary Shelley, Frankenstein tells the story of a doctor who builds a creature half man and half machine. While at first the creature is celebrated a s big success, it soon realizes that it is awakens fear among humans. As a result of the growing distance between Frankenstein's creature and the people, its longing for love and affection remains unfulfilled. Frankenstein's creature eventually turns hostile to its human environment and kills its own maker.
The largest media and entertainment conglomerate in the world. The corporation resulted from the merger of the publisher Time Inc. and the media conglomerate Warner Communications Inc. in 1989. It acquired the Turner Broadcasting System, Inc. (TBS) in 1996. Time Warner Inc.'s products encompass magazines, hardcover books, comic books, recorded music, motion pictures, and broadcast and cable television programming and distribution. The company's headquarters are in New York City. In January 2000 Time Warner merged with AOL (America Online), which owns several online-services like Compuserve, Netscape and Netcenter in a US$ 243,3 billion deal.