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Holdings. Five Companies …. 2011 Revenues: $21.386. …Dominate the American media economy. Primary Markets: TV Theaters. Ancillary Markets : Home Video/DVD Syndication Foreign Markets. Movies Television Satellite Cable. The Big Five. Public. Complementary Markets: Theme Parks
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Holdings Five Companies… 2011 Revenues: $21.386 …Dominate the American media economy
Primary Markets: TV Theaters Ancillary Markets: Home Video/DVD Syndication Foreign Markets Movies Television Satellite Cable The Big Five Public Complementary Markets: Theme Parks Toys Video-Games Merchandising Music Publishing Vertical Integration Horizontal Integration Advertisers
Studios Advertisers Audiences Networks O & O’s Affiliates Independent Cos. 1984: ABC was largest media company, with 2.8B in revenues
“Components of a company work together to produce benefits that would be impossible for a single company.” (p. 78) What happened? Synergy
How did this happen? Deregulation + Technology
Synergy and TV News NBC News ABC News MSNBC Primetime Live Meet the Press Nightline This Week 20/20 Dateline NBC Good Morning America The Today Show