Over the past few decades, the media landscape has seen a significant transition, with the bulk of media outlets now being owned by a small number of enormous conglomerates. The “Big 6” organizations include CBS Corporation, Comcast, News Corporation, Time Warner, ViacomCBS, and The Walt Disney Company. But whose exact property are these vast media conglomerates?
ViacomCBS, which was created in 2019 as a result of the combination of CBS Corporation and Viacom, is the owner of CBS Corporation. National Amusements, a privately held business owned by Sumner Redstone and his family, is the largest shareholder in ViacomCBS. Prior to the merger, National Amusements also held a controlling interest in both CBS and Viacom.
The biggest cable provider in the country, Comcast also owns NBCUniversal, which is home to well-known media brands like NBC, Telemundo, Universal Pictures, and DreamWorks Animation. The Roberts family is Comcast’s largest shareholder, and Brian L. Roberts is the company’s chairman and CEO.
The Wall Street Journal, The Times of London, and The Australian are just a few of the notable publications owned by News Corp, a multinational media conglomerate. Additionally, it owns HarperCollins, a publisher of books, and the Fox News Channel. Rupert Murdoch, who also serves as the Executive Chairman, is in charge of News Corp.
The parent corporation of well-known media brands like HBO, CNN, Warner Bros., and the Turner Broadcasting System is Time Warner. Recently, AT&T, a telecommunications firm, paid $85 billion to acquire the business. WarnerMedia, the division that is in charge of the Time Warner properties, is now owned by AT&T.
The Walt Disney Company, the largest media corporation in the world, is the owner of well-known brands like ABC, ESPN, Marvel, Pixar, Lucasfilm, and 20th Century Fox. The Disney family owns the business, and Robert A. Iger serves as the Executive Chairman.
How do I sign up for a startup?
A startup might be a terrific place to develop new skills and gain experience. Networking with professionals in the field and going to startup events are the greatest ways to join a startup. On job boards and corporate websites, you can also look for job openings.
Startups are not recognized as legal entities in the US. However, people can apply to become a recognized legal business entity, such as a corporation or limited liability company (LLC), to safeguard their personal assets.
Although startups are exempt from registration requirements, it is strongly advised that they create a formal company entity and safeguard the founders’ private assets. The startup can raise money from investors and do deals with other companies by registering as a legal organization.
Through the Ministry of Corporate Affairs, you can set up an LLC, also known as a private limited company, in India. The procedure entails getting a Director Identification Number, a Digital Signature Certificate, and registering the business with the Registrar of Companies. To make sure the registration procedure is finished properly, it is advised to look for legal counsel.