Eugene David ...The One-Minute Pundit |
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Wednesday, October 06, 2004
THE NEXT TIME YOU READ A GLOWING PRESS RELEASE ABOUT THE GREAT TV SHOWS AND MOVIES INUNDATING THE LAND, REMEMBER:
TRIBUNE COMPANY owns 27 TV stations (including two stations in each of five markets), a radio station, and a 22% stake in Time Warner's The WB; HEARST CORPORATION owns a majority stake in Hearst-Argyle Television, which owns 25 TV stations and has a production deal with GE Bancorp's TV and movie unit; stakes in numerous cable channels including ESPN and Lifetime, and two radio stations direct; E. W. SCRIPPS owns ten TV stations and five cable channels; GANNETT owns 21 TV stations (two in Jacksonville); ADVANCE PUBLICATIONS owns numerous cable systems; THE WASHINGTON POST COMPANY owns six TV stations and cable systems in nineteen states. AND LEST WE FORGET: Percent of Daily Circulation Belonging to Largest Newspaper Groups Percent of Sunday Circulation Belonging to Largest Newspaper Groups
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