Time Warner
Time Warner
In 1989, the largest Media Corporation was formed. The
integration of Time Inc. and Warner communications produced
Time Warner, which in 1996 with the acquisition of Turner
broadcasting, regained it’s status from Disney as the
largest media corporation in the world.
The company right now, with over 200 subsidiaries world-
wide, is becoming fully global with it’s profits from the
USA falling, and it’s profits throughout the world rising.
Globalisation is proving to …
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…distribution and sales are too important to be
ignored. In the interests of holding on to a healthy
democracy, diversity has to be achieved and maintained. As
I have tried to show oligopolies and vertically integrated
media industries are just as dangerous as state run
ministries that have a monopoly over information.
“Concentrated media power is political and social power”.
Thankfully, the World hasn’t yet become like the latest
offering from James Bond “Goldeneye”.
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