Trans-National Media Corporations: What They Own and How Much They Earn

Compiled by John Pungente, SJ

Film and TV Production

• Castle Rock
• Hanna-Barbera Cartoons
• Lorimer Television
• New Line
• Quincy Jones Entertainment
• Turner Pictures
• Warner Bros. Home Video
• Warner Bros. Studio
• Warner Bros. Television
• WB Television Network
• WTBS Channel 17 in Atlanta

Time/Warner Cable Group

• serving 10 million subscribers through 32 US cable companies.

Cable Networks

• Black Entertainment TV (15%)
• Cable Interests in Hungary, Sweden, Taiwan, Japan, China
• France Cable News Network
• Cartoon Network
• Cartoon Network Latin America
• CNN International
• Comedy Central (50%)
• Court TV (55%)
• Entertainment TV (49%)
• Home Box Office
• HBO in Asia, Brazil, Hungary, Latin America
• Headline News
• N-TV (Germany)
• Sega Channel (33%)
• Sky Network Television (New Zealand)
• TBS
• TNT
• TNT Latin America
• TNT ∓ Cartoon Network (Europe ∓ Asia)
• Turner Movie Classics
• VIVA (Germany)
• Warner Bros
• Movie World (Australia)

Music Groups

• Elektra
• Atlantic Records
• Warner Brothers Records
• WEA Manufacturing
• music publishing

Magazines

• Time
• Fortune
• Sports Illustrated
• People
• Entertainment Weekly
• Life
• Parenting
• Money
• and others including MAD Magazine

Book Publishing

• Book of the Month Club
• Little, Brown ∓ Co. (USA ∓ Canada)
• Time-Life Books
• Time-Life International
• Warner Audio Publishing
• Warner Books
• Warner Publisher Services

Other Interests

• Atlanta Braves
• Atlanta Hawks
• Cineamerica Theatres (50%)
• DC Comics
• Six Flags Theme Parks (50%)
• Warner Bros. Consumer Products
• World Championship Wrestling

Emerging Media

• CNN Interactive
• Time Warner Interactive
• Turner Interactive
• Turner New Media

DISNEY/ABC
1994 Revenue: $16.4 billion

Film and TV Production

• Buena Vista Home Video
• Buena Vista International
• Buena Vista Pictures
• Buena Vista Pictures Distribution
• Disney Educational Productions
• Hollywood Pictures
• Miramax Fims
• Touchstone Pictures
• Touchstone Television
• Walt Disney Imagineering
• Walt Disney Network TV
• Walt Disney Pictures and TV

Broadcast Groups

• ABC Radio Network, Inc.
• ABC TV Network Group
• Arts ∓ Entertainment Network (37.5%)
• Capital Cities/ABC Owned Television Stations
• Capital Cities/ABC Radio
• Capital Cities/ABC Video Enterprises, Inc.
• The Disney Channel
• ESPN ∓ ESPN2 (80%)
• Eurosport, London (33.3%)
• Hamster Prod., Paris (33%)
• Japan Sports Channel (20%)
• KCAL-TV (Los Angeles)
• Lifetime TV (50%)
• RTL-2. Munich (20%)
• Scandinavian Broadcasting System (23%)
• Tele-Muenchen, Munich (50%)
• TV-Sport, Paris (10%)

Music Groups

• Hollywood Records
• Walt Disney Music Co.
• Wonderland Music Co.Inc

Publishing

• Capital Cities/ABC Publishing Group (books, magazines and newspapers)
• Discover Magazine
• Disney Publishing Group

Other Interests

• Beauty ∓ the Beast stage show
• California Angels (25%)
• Childcraft Education Corp.
• Disneyland
• Disneyland Hotel
• Disneyland Paris (39%)
• Disneyland Tokyo (Royalties)
• Disney on Ice shows
• Lake Buena Vista Communities, Inc.
• Los Angeles Mighty Ducks
• Walt Disney Attractions Division
• Walt Disney Consumer Products
• Walt Disney Travel, Inc.
• Walt Disney World, Co

Emerging Media

• Capital Cities/ABC Multimedia
• Disney Interactive

VIACOM /PARAMOUNT
1994 Revenue: $10.1 billion

Film and TV Production

• Paramount Pictures
• Paramount Television
• Republic Pictures (37%)
• Spelling Entertainment (70.5%)
• Viacom

Cable System

• Viacom Cable with 1.1 milllion subscribers

Cable Network

• FLIX
• Madison Square Garden Network
• The Movie Channel
• MTV (over 251 million homes in 88 countries)
• MTV Europe
• Nickelodeon
• Nick at Nite
• ShowtimeUSA Network

Broadcasting

• Paramount (three NBC, two CBS affiliates and 14 radio stations)
• Viacom (four indepenent and three Fox affiliates)

Publishing

• Pocket Books
• Prentice Hall Imprints
• Silver Burdett Ginn
• Simon ∓ Schuster

Motion Picture Theatres

• Cineamerica (50%) 341 screens
• Famous Players Canada 441 screens
• United Cinemas International (joint venture in nine countries) 345 screens
• Viacom (US ∓ UK) 800 theatres

Other Interests

• Blockbuster Video (3,500 stores in 10 countries)
• Madison Square Garden
• Music Plus (Retail Chain with Virgin)
• The New York Knicks
• The New York Rangers
• Regional Theme Parks (5) including Canada's
• Wonderland
• Sound Warehouse (Retail Chain with Virgin)
• Super Plus (Retail Chain with Virgin)

Emerging Media

• Blockbuster (largest wholesaler and retailer of interactive home video games)
• Paramount/Viacom (develop and publish interactive software)

Sources:

• The Toronto Star, August 27, 1995
• Time, September 11, 1995
• Variety, September 28 - October 1, 1995
• Variety, February 21 - 27, 1994
• Variety, August 7-13, 1995