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Originally Posted by Kaefer
Yup! Time Warner, News Corp., Viacom, Disney, and... the fifth one escapes me. But you're right, five media companies own every entertainment channel in America -- every magazine, newspaper, TV station, movie, cable channel, movie, you name it.
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It has to be more than 5, Hearst, Cablevision, Comcast, Adelphia, Liberty, RSN, Conde Nast, Hachette Fillipachi, and Primedia all own newspapers, magazines, and news channels that are not owned in any way by the other 4 already mentioned. Not to mention the New York Daily News and NY Times are still indepedent aren't they?
I think you guys are a bit off on the 5 thing

(not that I worked in media for 20 years or anything

)
and here's the link from CNN Money:
http://money.cnn.com/2007/02/19/news...ion=2007021914