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  Report: The content industry

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 WORLD-INFOSTRUCTURE > THE CONTENT INDUSTRY > CENTRALIZATION OF THE CONTENT ...
  Centralization of the Content Industry


Following the 1980s a sweeping restructuring of commercial media power has happened. While some firms have grown through expansion others extended through mergers and acquisitions. Examples are Time & Warner & Turner & AOL; Viacom & Paramount & Blockbusters or News Corp. & Triangle & 20th Century Fox & Metromedia TV.

In recent years those developments have led to the rise of transnational media giants, resulting in the domination of the global media system by about ten huge conglomerates. These have interests in numerous media industries, ranging from film production, magazines, newspapers, book publishing and recorded music to TV and radio channels and networks, but also include retail stores, amusement parks and digital media products.

Behind these firms are about three or four dozen smaller media companies, which primarily engage in local, national or niche markets. In short, the overwhelming majority of the world's content production facilities and distribution channels lies in the hands of approximately fifty enterprises.




browse Report:
The content industry
    The Concept of the Public Sphere
 ...
-3   Commercial vs. Independent Content: Power and Scope
-2   Commercial Media and the Economic System
-1   Globalization of Media Power
0   Centralization of the Content Industry
+1   Highlights on the Way to a Global Commercial Media Oligopoly: 1980s
+2   Highlights on the Way to a Global Commercial Media Oligopoly: 1990s
+3   The Big Five of Commercial Media
     ...
Digital Commercial Content
 INDEX CARD     RESEARCH MATRIX 
Viacom
One of the largest and foremost communications and media conglomerates in the
world. Founded in 1971, the present form of the corporation dates from 1994 when Viacom Inc., which owned radio and television stations and cable television programming services and systems, acquired the entertainment and publishing giant Paramount Communications Inc. and then merged with the video and music retailer Blockbuster Entertainment Corp. Headquarters are in New York City.