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WHO OWNS WHAT
General Electric Corporate Timeline
1870s
1878 - Thomas Edison forms Edison Electric Light Company
1890s
1892 - Edison General Electric Company merges with Thomson-Houston Electric Company to create General Electric Company
1897 - Wireless Telegraph and Signal Company formed by Guglielmo Marconi
1900s
1901 - Emile Berliner and Eldridge Johnson form the Victor Talking Machine Company
1906 - David Sarnoff begins working at American Marconi
1910s
1917 - U.S. Government begins using GE produced aircraft engines
1919 - Radio Corporation of America (RCA) is created. RCA is formed after the U.S. Government gives control of the wireless industry back to the public sector following World War I. RCA gains the assets of American Marconi and becomes the controlling body of the patents belonging to General Electric, Westinghouse, United Fruit and AT&T
1920s
1926 - National Broadcasting Corporation (NBC) formed. Sarnoff sees the potential of a nationwide network of radio stations and gets RCA, GE and Westinghouse to invest in the acquisition of WEAF in New York City and WJZ in Newark - NBC's "Red" and "Blue" networks respectively -as the flagship stations for the new NBC Radio network
1927 - NBC Radio broadcasts the Rose Bowl to nationwide audience
1929 - RCA purchases Victor Talking Machine Company of Camden, NJ for $154 million and begins manufacturing radios and phonographs
1930s
1932 - Due to concerns of a growing monopoly, GE and Westinghouse sell off stake in RCA
1939 - NBC introduces television broadcasting at the World's Fair in New York City
1940s
1941 - Federal Communications Commission releases its Report on Chain Broadcasting. The report is critical of the growth of broadcast networks and proposes that NBC sell off one of its two networks - NBC Red & NBC Blue
1941 - NBC receives first license for a commercial television station
1943 - After losing court battles with the FCC over the demand to divest one off its networks, RCA sells of NBC Blue Network to Edward Noble, lifesavers candy creator. Network eventually becomes ABC
1950s
1954 - NBC has first color telecast of Rose Bowl parade. Very few people actually see the telecast because there are not that many color sets in use
1960s
1966 - RCA purchases Random House
1970s
1973 - RCA purchases Ballantine Books - becomes part of Random House
1980s
1980 - RCA sells of Random House to S. I. Newhouse's Advance Publications
1985 - GE acquires NBC as part of a $6.3 billion for RCA
1986 - - GE sells RCA's music division to Bertelsmann
1989 - CNBC is formed
1990s
1996 - MSNBC is launched. Cable news network is a joint partnership between GE and Microsoft
1997 - CNBC Asia and Europe are formed.
1999 - GE gains 32% stake in Paxson Communications and its PAX TV network
2000 - Present
2002 - Telemundo Communications Group is acquired for $2.7 billion in a deal with an investment group that includes Sony and Liberty Media. In a separate deal, Bravo Network is acquired from a deal with Cablevision and MGM for $1.25 billion
2003 - Deal announced between GE and Vivendi Universal to create NBC Universal. In the deal, GE acquires Vivendi Universal's entertainment holdings which include theme parks and Universal Pictures' movie and television studios, and three cable channels (NYT 10/9/03)
http://www.cjr.org/tools/owners/viacom-timeline.aspWHO OWNS WHAT
Viacom Corporate Timeline
1910s
1912 - Adolph Zukor founds the Famous Players Film Corp
1916 - Famous Players becomes Paramount Pictures becomes Famous Players-Lasky Corp.
1916 - Westinghouse engineer Dr. Frank Conrad begins experimental radio broadcasts from his home in Pittsburgh
1920s
1920 (November 2) - Westinghouse's KDKA in Pittsburgh begins scheduled radio programming with the Harding-Cox Presidential election returns
1924 - Richard L. (Dick) Simon and M. Lincoln (Max) Schuster form Simon & Schuster. First publication is a cross word puzzle book.
1928- William S. Paley purchases the Columbia Broadcasting System for $400,000. Paley first became interested in the radio business after purchasing advertising time for his La Palina Cigar company.
1930s
1935 - Famous Players-Lasky Corp. becomes Paramount Pictures after bankruptcy and reorganization.
1937 - Edward R. Murrow and William L. Shirer do a radio news program which eventually becomes The CBS World News Roundup
1938 - CBS buys American Record Company, owner of the Columbia Phonograph label. CBS renames the division Columbia Record Corp.
1940s
1941 - CBS launches the first commercial black & white television broadcast
1949 - Department of Justice announces the Paramount decree which forces the film studios to sell off their movie theaters
1950s
1954 - Sumner Redstone takes control of National Amusements Inc. (NAI), a chain of movie theaters
1960s
1961 - Murrow resigns from CBS
1964 - CBS purchases the New York Yankees
1966 - Diversified conglomerate, Gulf + Western, buys Paramount Pictures. Gulf + Western is owned by Charles Bluhdorn
1968 - CBS teams up with a Japanese company to form CBS-Sony Records
1970s
1970 - FCC's Fin-Syn ruling limits the financial interest television networks can have in syndicated programming. As a result, Viacom is formed after CBS spins off its television programming arm
1973 - CBS sells Yankees to George Steinbrenner
1980s
1981 - Dan Rather replaces Walter Cronkite as anchor on the CBS Evening News
1981 (August 1) - MTV is launched
1985 - Ted Turner makes a takeover attempt on CBS. Loew's president, Laurence Tisch, buys a 25% share in CBS to block Turner's takeover. Loews is a multi-national conglomerate with interests ranging from tobacco to insurance. Jesse Helms and Ivan Boesky also make unsuccessful bids for CBS.
1985 - First Blockbuster Video store opens in Dallas
1986 - Tisch becomes CEO of CBS
1987 - Redstone becomes Chairman of the Board of Viacom after NAI buys a majority interest in it
1987 - CBS sells its entire book publishing division for $500 million
1987 - Wayne Huizenga, who made his money in the waste business, buys Blockbuster
1989 - Gulf + Western changes its name to Paramount Communications
1990s
1990 - Paley dies of a heart attack at age 89
1994 - Viacom acquires Paramount Communications for $10 billion. Viacom was in a bidding war for Paramount with USA Networks.
1994 - Viacom acquires Blockbuster Video from Huizenga for $8.4 billion
1995 - Viacom sells Madison Square Garden and its related properties to Cablevision, and ITT for $1 billion
1995 - Viacom sells its cable systems to John Malone's TCI
1995 - (November) - CBS is sold to the Westinghouse Corporation for $5.4 billion
1995 (January 16) - UPN network hits the television airwaves
1996 - Redstone becomes Viacom's CEO
1996 - Westinghouse/CBS buys Infinity radio broadcasting and outdoor advertising group for $4.7 billion. This deal is mainly a result of the Telecommunications Act of 1996 which heavily deregulated the media industry and allowed a company to significantly increase the amount of radio stations it could own.
1997 - CBS buys American Radio Systems chain
1997 - Viacom deals its educational, professional and reference publishing businesses to Pearson for 4.6 billion. Viacom retains Simon & Schuster.
1997 - Westinghouse changes name to CBS and sells its hardware and manufacturing operations
1999 - CBS buys King World Productions, leading television program syndicator, for $2.5 billion
1999 - Infinity buys Outdoor Systems billboard group for $8.3 billion.
1999 (September, 7) - Viacom and CBS announce merger. The $50 billion deal, the largest media merger of the time, comes one month after the FCC gives approval to duopolies. The new Viacom has 33 television stations which eclipse the FCC's 35 % ownership cap. The cap is based on the amount of stations one company owns that reach 35% or more of the nation's television households.
2000 - Present
2001 - United States Court of Appeals, DC Circuit gives Viacom temporary approval to exceed the 35% ownership cap
2001 - Viacom completes $3 billion deal for BET Inc.
2002 - Viacom completes acquisition of KCAL-TV (Los Angeles) from Young Broadcasting Inc. for $650 million. The deal forms a Viacom duopoly in Los Angeles raising the number of markets where it owns two broadcast stations to eight.
2003 - Infinity Broadcasting owns and operates 185 radio stations, second in size to only Clear Channel Communications. Viacom Outdoor is the largest outdoor advertising entity in North America. Viacom Television Stations Group owns and operates 39 TV stations.
2004 - After years of internal battles with Viacom CEO Sumner Redstone, Mel Karmazin, resigns as the company's chief operating officer. Karmazin was formely the president and CEO of CBS
© 2007 Columbia Journalism Review at Columbia University's Graduate School of Journalism
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http://www.thenation.com/special/bigten.htmlhttp://www.thenation.com/special/bigten.htmlvvvvvhttp://www.thenation.com/special/bigten.htmlvvvhttp://www.freepress.net/content/ownership The U.S. media landscape is dominated by massive corporations that, through a history of mergers and acquisitions, have concentrated their control over what we see, hear and read. In many cases these giant companies are vertically intergrated, controlling everything from initial production to final distribution.
These charts are derived in part from information gathered by Columbia Journalism Review’s Who Owns What? site, one of many excellent resources on the web regarding media ownership. Learn more about media ownership »
Select a chart: The Big 8 Cable TV Print Telecom
2005 revenues: $157.2 billion
General Electric media-related holdings include television networks NBC Universal and Telemundo, Universal Pictures, Focus Features, 38 television stations in the U.S., and cable networks such as MSNBC, Bravo and the Sci Fi Channel.
Visit the General Electric homepage »
Television networks: NBC Networks, Telemundo.Cable: A&E, History Channel (part), NBC Entertainment, NBC News, NBC Sports, NBC Television, NBC Universal, CNBC (Arbia, India, Asia, Europe), MSNBC, Bravo, Mun2TV, Sci Fi Channel, Sundance Channel (part), Trio, Telemundo, USA, Universal HD, and Weather PlusProduction and distribution companies: NBC Universal Television Studio, NBC Universal Television Distribution.38 Television stations in 23 markets, owned under the “NBC Universal” division. These include NBC affiliates, Univision affiliates, and a small number of independents. (A current list resides here)International Channels: 13eme Rue (France), 13th Street (Germany), Calle 13 (Spain), Sci Fi Channel UK, Studio Universal (Germany), Studio Universal (Italy), Universal Channel (Latin America), CNBC Asia, and CNBC Europe.Programming: NBC Network News, The Today Show, NBC Nightly News with Brian Williams, Dateline NBC, Meet the Press, Early Today, CNBC, Squawk Box, Mad Money, Tim Russert, CNBC World, CNBC Arabia, CNBC-India TV-18, Hardball with Chris Matthews, Rita Cosby: Live and Direct, Scarborough Country, A&E
, The History Channel , The Sundance Channel Production: NBC Universal (80% ownership): Universal Pictures, Focus Features, Rogue Pictures. Universal has production agreements with Imagine Entertainment, Jersey Films, Tribeca Films, Shady Acres, The Kennedy/Marshall Company, Playtone Company, Strike Entertainment, Type A Films, Depth of Field, Stephen Sommers and Working Title Films (Europe)Distribution: Universal Studios Home Entertainment.Magazines: SciFi MagazineCNBC.com, MSNBC.com, NBC.com, iVillage, Scifi.com, msn.com, and telemundo.comMilitary Production: Manufactures and maintains engines for the F-16 Fighter jet, Abrams tank, Apache helicopter, U2 Bomber, Unmanned Combat Air Vehicle (UCAV), A-10 aircraft, and numerous military equipment including planes, helicopters, tanks, and more.Parks: Universal Studios Theme Parks and Resorts (Orlando, FL; Hollywood, CA; Costa Durada, Spain; Universal City, Japan).Consumer Products: NBC Stores, ShopNBC.Other:
* GE Consumer Finance (provider of credit services to consumers, retailers and auto dealers in over 35 countries).
* GE Commercial Finance: GE Capital Aviation Services, GE Commercial Equipment Financing, GE Corporate Financial Services, GE Structured Finance Global Energy Unit, GE Fleet Services, GE Healthcare Financial Services, GE Real Estate, GE Vendor Financial Services.
* GE Advanced Materials (engineering of thermoplastics, silicon-based products and technology platforms, and fused quartz and ceramics).
* GE Consumer & Industrial (appliances, lighting, and Industrial Systems).
* GE Energy (technology for the oil and gas, power generation and energy management industries, including nuclear).
* GE Healthcare (diagnostic and interventional medical imaging, information and services technology).
* GE Infrastructure (comprised of GE Water Technologies, GE Silicones, GE Superabrasives, and GE Quartz, commercial aviation financing, and serves various industries including cosmetics, semi-conductors, oil drilling, construction and telecommunications).
* GE Insurance (insurance and investment products for businesses and individuals).
* GE Transportation (serving the aviation, rail, marine and off-highway industries with jet engines for military and civil aircraft, freight and passenger locomotives, motorized systems for mining trucks and drills, and gas turbines for marine and industrial applications).
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http://www.cjr.org/tools/owners/
CJR's online guide to what major media companies own:
Advance
American Media, Inc.
Belo
Bertelsmann
Cablevision
CanWest Global Communications
CBS
Cisneros Group of Companies
Citadel Broadcasting
Clear Channel Communications
Community Newspaper Holdings, Inc.
Comcast
Copley Press Inc.
Corus Entertainment
Cox Enterprises
Cumulus
Disney
Dow Jones & Company
Emmis Communications Corp.
Entercom Communications
E.W. Scripps
Fisher Communications
Freedom Communications
Gannett
General Electric
Hachette Filipacchi
Hearst Corporation
Journal Register Company
Landmark Communications
Lee Enterprises
Liberty Group Publishing
Liberty Media Corp.
LIN TV Corp.
McGraw-Hill
Media General
MediaNews Group, Inc.
Meredith
McClatchy Company
Morris Communications Corp.
News Corporation
New York Times Co.
Pearson
Primedia
Reed Elsevier
Rogers Communications
Sinclair
Sony
Standard Radio
Stephens
Time Warner
Tribune Company
Viacom
Vivendi Universal
Vulcan
Washington Post Co.
Young Broadcasting