Concentration of media ownership

Concentration of media ownership (also known as media consolidation or media convergence) is a process whereby progressively fewer individuals or organizations control increasing shares of the mass media.[1] Contemporary research demonstrates increasing levels of consolidation, with many media industries already highly concentrated and dominated by a very small number of firms.[2][3]

Media graphic showing the concentration of media ownership in the United States

Globally, large media conglomerates include Bertelsmann, National Amusements (Paramount Global), Sony Group Corporation, News Corp, Comcast, The Walt Disney Company, Warner Bros. Discovery, Fox Corporation, Hearst Communications, Amazon (MGM Holdings Inc.), Grupo Globo (South America), and Lagardère Group.[4][5][6]

As of 2022, the largest media conglomerates in terms of revenue are Comcast, The Walt Disney Company, Warner Bros. Discovery, and Paramount Global.

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