They also provide cable television and phone services to residential and business customers. In , Comcast expanded its reach into entertainment by purchasing NBC and pretty much all of its properties.
While most people know NBC as just a television station, it also has major stakes in media companies around the world.
Brian L. This gives Comcast an interest in dozens of seemingly-unrelated companies as an investor and potentially a future shareholder for the most successful branches. With a hand in television, film, music, and print, Murdoch is perhaps the most successful Australian entrepreneur to build an international empire.
News Corp owns the Fox brand, which means they control a borderline-unreasonable amount of media outlets via television and film. Wireless Group PLC, on the other hand, is an Irish radio broadcast corporation — one of the biggest in the country. In , Kazuo Hirai became CEO of the entire corporation, which might be the most well-known electronics brand on the planet. But Sony is so much more than an electronics company. They have interests across almost all media industries, and Hirai has helped keep the company current and competitive.
The announcement came almost exactly four years after Hirai become CEO. At 55, Hirai is one of the youngest leaders of a global conglomerate. Sony has a hand in dozens of television and cinema companies. Sony works in production, distribution, and just about every other phase of the television and film processes. So it makes sense that Sony owns media outlets in lots of different countries, most notably Japan and the United States. Their music arms work in both support for their television and film production branches, but they also publish music from artists.
If it fails, Sony only loses a fraction of what they would lose if they had attempted a project themselves. If it succeeds, Sony has an interest — even a controlling interest — in how the new company develops.
The deal is still in negotiations, and the FCC may block it to prevent monopolization. The beautiful part of the Internet is that every company has the ability to be its own media company — but maybe not on the same scale as TimeWarner.
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Comcast Comcast is a sprawling media and telecommunications business. Walt Disney Walt Disney is home to some of the best known characters and brands around the world. Sony Sony is a massive Japanese conglomerate with operations ranging from consumer electronics, to image sensors, to, of course, media. Video Game Stocks Learn about companies re-defining recreation. Telecommunication Stocks Invest in companies that connect people.
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