The Big Five of Commercial Media
After a number of mergers and acquisitions five powerful media conglomerates lead the world's content production and distribution. They operate on an international basis with subsidiaries all around the globe and engage in every imaginable kind of media industry.
Table: The World's Leading Media Companies
Media Company
| 1998 Revenues
(in US$)
| Property/Corporate Information
|  AOL Time Warner (US)
| 26,838.000.000*
| http://www.timewarner.com/corp/about/timewarnerinc/corporate/index.html
| Disney (US)
| 22,976.000.000
| http://www.disney.com
| Bertelsmann (GER)
| 16,389.000.000
| http://www.bertelsmann.com/facts/report/report.cfm
|  News Corporation (AUS)
| 12,841.000.000
| http://www.newscorp.com/public/cor/cor_m.htm
| Viacom (US)
| 12,100.000.000
| http://www.viacom.com/global.tin
| |
(* Revenues of Time Warner only (merger with AOL took place in January 2000)
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NSFNet
Developed under the auspices of the National Science Foundation (NSF), NSFnet served as the successor of the ARPAnet as the main network linking universities and research facilities until 1995, when it was replaced it with a commercial backbone network. Being research networks, ARPAnet and NSFnet served as testing grounds for future networks.
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