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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Intelsat Intelsat, the world's biggest communication satellite services provider, is still mainly owned by governments, but will be privatised during 2001, like Eutelsat. A measure already discussed 1996 at an OECD competition policy roundtable in 1996. Signatory of the Intelsat treaty for the United States of America is Comsat, a private company listed on the New York Stock Exchange. Additionally Comsat is one of the United Kingdom's signatories. Aggregated, Comsat owns about 20,5% of Intelsat already and is Intelsat's biggest shareholder. In September 1998 Comsat agreed to merge with Lockheed Martin. After the merger, Lockheed Martin will hold at least 49% of Comsat share capital. http://www.intelsat.int/index.htm http://www.eutelsat.org/ http://www.oecd.org//daf/clp/roundtables/SATS... http://www.comsat.com/ http://www.nyse.com/ http://www.comsat.com/ http://www.comsat.com/ http://www.comsat.com/ http://www.comsat.com/

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