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    Conglomerates

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    Nauman Chaudary
    A conglomerate is a corporation comprised of unrelated businesses owned by a single company. Media conglomerates own multiple mass media companies across television, radio, print, and the internet. Conglomerates merge companies to increase market share, realize synergies, diversify risks, and reduce exposure. However, acquisitions can cause large conglomerates to suffer performance issues if they become too unwieldy. Major media conglomerates that emerged since the 1980s through mergers and acquisitions include Disney, AOL Time Warner, Viacom, General Electric, and News Corporation, concentrating media ownership and influence.

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    Conglomerates

    Uploaded by

    Nauman Chaudary
    140 views14 pages
    A conglomerate is a corporation comprised of unrelated businesses owned by a single company. Media conglomerates own multiple mass media companies across television, radio, print, and the internet. Conglomerates merge companies to increase market share, realize synergies, diversify risks, and reduce exposure. However, acquisitions can cause large conglomerates to suffer performance issues if they become too unwieldy. Major media conglomerates that emerged since the 1980s through mergers and acquisitions include Disney, AOL Time Warner, Viacom, General Electric, and News Corporation, concentrating media ownership and influence.

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    A conglomerate is a corporation comprised of unrelated businesses owned by a single company. Media conglomerates own multiple mass media companies across television, radio, print, and the internet. Conglomerates merge companies to increase market share, realize synergies, diversify risks, and reduce exposure. However, acquisitions can cause large conglomerates to suffer performance issues if they become too unwieldy. Major media conglomerates that emerged since the 1980s through mergers and acquisitions include Disney, AOL Time Warner, Viacom, General Electric, and News Corporation, concentrating media ownership and influence.

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    Download as ppt, pdf, or txt
    140 views14 pages

    Conglomerates

    Uploaded by

    Nauman Chaudary
    A conglomerate is a corporation comprised of unrelated businesses owned by a single company. Media conglomerates own multiple mass media companies across television, radio, print, and the internet. Conglomerates merge companies to increase market share, realize synergies, diversify risks, and reduce exposure. However, acquisitions can cause large conglomerates to suffer performance issues if they become too unwieldy. Major media conglomerates that emerged since the 1980s through mergers and acquisitions include Disney, AOL Time Warner, Viacom, General Electric, and News Corporation, concentrating media ownership and influence.

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    Conglomerates/

    Media Mergers

    Conglomerates?
    Conglomerate is a corporation that is made up of
    a number of different, seemingly unrelated
    businesses. In a conglomerate, one company
    owns a controlling stake in a number of smaller
    companies, which conduct business separately

    Mcom 310

    Media Conglomerates
    A media conglomerate or media institution is a
    company which owns large number of companies
    in various mass media as:
    Television
    Radio
    Print media
    Internet etc

    Mcom 310

    Why Conglomerates merge:


    There can be many reasons for firms to want to
    merge as:
    increasing market share
    synergy and cross selling
    diversify and reduce their risk exposure.
    However, if a conglomerate becomes too large as a
    result of acquisitions, the performance of the
    entire firm can suffer.

    Mcom 310

    Giant Media
    Conglomerates
    There have been a lot of mergers and buyouts of
    media and entertainment companies since the
    1980s.Mainstream mediahas since become more
    concentrated in terms of ownership and the
    influences of advertisers and owning companies
    both have an enormous in how mainstream
    media shapes itself and society

    Mcom 310

    Giant Media
    Conglomerates
    Disney
    AOLTimes
    Warner
    Viacom
    General
    Electric
    News
    Corporatio
    n
    Yahoo!
    Microsoft
    Google
    Mcom 310

    Disney
    Market Value:
    $142.92 B (forbes)
    The Walt
    Disney
    Company is the
    largest global
    media
    conglomerate.
    Its FY 2000
    revenues
    topped $25
    billion, with
    27% derived
    from parks and
    resorts, 24%
    from studio
    entertainment,
    and 17% from
    Mcom 310
    media

    Example from Pakistan


    The Independent Media Corporation.
    It started with the publication of the Jang Group
    of Newspapers and later added the Geo
    Network to its offerings. The corporation holds
    monopoly in the print and electronic media
    market with its revenues higher as compared to
    the combined revenues of other media groups in
    Pakistan.

    Mcom 310

    Independent Media
    Corporation
    It started with the publication of the Jang Group of
    Newspapers and later added the Geo Network to its
    offerings.
    The corporation holds monopoly in the print and
    electronic media market with its revenues higher as
    compared to the combined revenues of other media
    groups in Pakistan.
    Mir Khalil ur Rehman was the founder of the group and
    his son, Mir Shakil ur-Rahman, is the present head of
    the
    business house based in Karachi.
    IMC owns the Jang Group of Newspapers
    Mcom 310
    and the Geo TV network.

    Independent Media
    Corporation

    o Geo News - a Pakistan based Urdu news channel


    o AAG TV - launched in September 2006 by the Geo Network, focusing
    on programs for the youth in Pakistan. Its broadcast was suspended in
    2013
    o GEO Super- sports channel, launched by Geo Network in September
    2006. Programming content includes variety of sports from around the
    world, focusing mainly on cricket, with a secondary focus on boxing,
    football, tennis and field hockey.
    o Geo TV- a Pakistan based entertainment channel showing Dramas,
    musical programs, feature movies, primarily in the Urdu Language.
    o Geo Tez - a Pakistan based Headline channel
    o Geo Kahani - a Pakistan based Explicit Drama Channel

    Mcom 310

    Negative impacts of
    Conglomeration:
    If we cant make money, we have no reason to
    exist.
    shift of interest of audiences to less important
    news such as celebrity scandals.
    Misuse of marketplace of ideas.
    Effects the culture.
    We can make it a trend by simply calling it a
    Trend. Thats media.
    Watchdog of Society.
    Promotion of ideas of some specific people.
    No voice for Common people.
    Mcom 310


    Company Name
    AOL
    Disney
    DowJones
    **GE

    Inc. 95

    Prof. 95

    33.6
    1,380.1

    Inc. 00

    Prof.
    00

    6% 1,152.0

    15%

    11%

    304.0

    920.0

    3%

    119.0

    6,573.0

    10%

    12,735.0

    10%

    Gannett

    477.3

    12%

    1,719.0

    27%

    KnightRidder

    160.1

    6%

    314.4

    10%

    NYT

    135.9

    6%

    397.5

    11%

    Newscorp

    968.7

    11%

    1,196.0

    9%

    Tribune

    278.2

    12%

    224.4

    4%

    Viacom

    222.5

    2%

    190

    11%

    WashPost

    816.1
    136.5

    6%

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