A media conglomerate, media group or media institution is a company that owns large numbers of companies in various mass media such as television, radio, publishing, movies, and the Internet. Media conglomerates strive for policies that facilitate their control of the markets around the world.
According to the 2013 Fortune 500 list, The Walt Disney Company is America's largest media conglomerate in terms of revenue, with News Corporation (now News Corp & 21st Century Fox), Time Warner, CBS Corporation, and Viacom completing the top five. Other major players areComcast and Sony's Sony Corporation of America subsidiary.
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