Chicago Media Corporations

Corporate Media

Tribune Company

Factoids:
Net Worth: .3 Billion
One of the seven companies that dominates Chicago-area radio
interests in radio, publishing, television, cable, sports, online services
1995 Revenue from WGN Radio Chicago: .8 Million
WGN highest billing radio station (.1 Million) in 1994
http://www.chicago.tribune.com/

Publishing:
Chicago Tribune
Exito! Chicago
Compton's Publishing
Lots of newspapers

Broadcast / Cable:
WGN Radio / TV
CLTV
Lots of radio & TV
Renaissance Communications - 16 TV stations, giving it access to 34% of the US market

Entertainment:
Cubs
Tribune Entertainment Co. (produces TV shows)

Other:
AmeriComm Direct Marketing Illinois
Tribune Media Services (news syndicate)

Business Relationships & Investments:
Warner Bros. TV
America Online
other online services
First Chicago Trust Co. of NY
lots more

Hollinger, Inc.

Publishing:
Chicago Sun-Times: http://www.suntimes.com/
Pioneer Press Newspapers - Wilmette (publishes community newspapers in Chicago suburbs): http://www.pioneerlocal.com/
Star Publications (daily paper in south side and south suburbs) - publishes Daily Southtown

General Electric

Factoids:
Ranked No. 1 with GM in Forbes 500
GE & Westinghouse together own 80% of all nuclear power plants in the world
Assets: Billion

Publishers:

Broadcast / Cable:
NBC
6 VHF TV broadcasting stations serving more than 200 affiliated stations including WMAQ TV Chicago
CNBC Cable
Sports Channel Chicago
Lots of Other Cable
MicroSoft / NBC cable network

Other:
Lots of defense industry, technology, & financial companies

Business Relationships & Investments:
Just signed agreement with MicroSoft to sponsor cable TV
ABC & Hearst : History Channel
Rainbow & Liberty Media (TCI) : Prism
Disney & Hearst: A&E Cable
Westwood One: markets CNN Radio etc.
sponsors rightwing McLaughlin Group on PBS
sponsors numerous conservative thinktanks

Time Warner Inc.

Factoids:
Approx Revenue: .433 Billion
The largest media & entertainment company in the world
the number one copyright owner, creator & distributor
11.0 Million Cable Households
Warner Bros. purchase of TBS approved 7/16 or 7/17/96

Publishing:
Warner
Time Warner
Elektra
Warner Bros
Columbia House
Time
Life
Fortune
Sports Illustrated
Entertainment Weekly
DC Comics
Book-of-the-Month Club
Hanna-Barbera Cartoons
New Line Cinema
Castle Rock Entertainment
40 record labels
Lots more

Broadcast / Cable:
Sega Channel
HBO
Cinemax
Turner Broadcasting
CNN
TBS
TNT
Time-Warner Cable (second largest U.S. cable operator) Jointly owns several home shopping cable stations with TCI

Entertainment:
Atlanta Braves
Atlanta Hawks
Goodwill Games
Six Flags
lots of other entertainment companies

Other:
Seagram's
Houston Industries Inc. (electric utilities, coal, cable franchises)
lots of investment companies
Whittle Communications

Business Relationships & Investments:
Viacom: Co-owners of Comedy Central TCI may become 3rd-largest shareholder in Time Warner / Turner

Disney / Capital Cities

Factoids:
Net Worth: .288 Billion
Ranked 48 in Forbes 500
One of the seven companies that dominate Chicago-area business
1995 Chicago Radio Station Revenue: .9 Million ties in newspaper & magazine publishing, entertainment, sports, film, cable, & international broadcasting

Publishing:
Walt Disney Pictures
Touchstone Pictures
Miramax
Belleville News-Democrat (Illinois newspaper)
7 daily newspapers and 34 weekly newspapers in 13 states, including at least half a dozen Illinois newspapers
37 real estate magazines & shopping guides 64 magazines
Hyperion Books
lots of TV programs

Broadcast / Cable:
ABC, ABC Radio Networks
21 radio stations including 2 in Chicago: WLS AM/FM - Chicago
1 UHF & 8 VHF TV stations including WLS - Chicago
ESPN (80%)
Lifetime (33.3%)

Entertainment:
Disney
sports teams

Other:
Insurance Companies
oil & gas companies
lots of retail

Business Relationships & Investments:
14% in Young Broadcasting (WTVO - Rockford, IL)
Hearst & GE: own A&E Heart & Disney: own Lifetime & ESPN

Westinghouse

Factoids:
One of the seven corporations that dominate Chicago-area radio
ties in broadcasting & telecommunications productions, nuclear environmental services, defense & weapons industry
1995 Chicago Radio Station Revenue: Million
GE & Westinghouse together own 80% of all nuclear power plants in the world
Westinghouse is the largest nuclear power plant manufacturer in the world
just purchased Infinity Radio (6/96)

Infinity Factoids:
Part of Westinghouse which also owns five radio stations; one of the seven corporations that dominate Chicago-area radio
specializes in radio
1995 Chicago Radio Stations Revenue: .8 Million
1994 revenue "well in excess of billion"
WUSN FM: .5 Million Gross Billing in 1994
3.2 Million Cable Households (3rd largest)

Publishing:
CBS News (penetrates to 450 radio stations)

Broadcast / Cable:
Westinghouse just purchased Infinity Radio (which gives it a total of 8 radio stations in Chicago:
WUSN FM Chicago
WJMK FM Chicago
WJJD AM Chicago
WBBM AM / FM Chicago
WMAQ AM Chicago
WSCR AM Chicago
WXRT FM Chicago
WSBC Chicago
WBBM - TV Chicago
WMAQ - TV
CBS
CBS Radio (21 FM stations; 18 AM stations) TeleNoticias Cable
Country Music TV
TNN (The Nashville Network)

Other:
Lots of investment companies
insurance companies
banks
electric power
nuclear industry (waste, electric, etc.)
satellite
other industry

Business Relationships & Investments:
Coopers & Lybrand, Auditors
First Chicago Trust Co. of New York

TCI (Tele-Communications Inc.)

Factoids:
Largest U.S. cable operator
Poised to become third largest owner of Time Warner
Owned by right-winger John Malone
14.0 Milion Cable Households

Publishing:
Paramount Pictures
Jossey Bass Pubrs.
MacMillan Pubrs.
Simon & Schuster Pubrs.
Prentice Hall Pubrs.
Webster's
Lots of other publishers

Broadcast / Cable:
WLIT Chicago
Chicago Cable Company
Jointly owns several home shopping cable stations with Time-Warner-Turner
Liberty Media
USA Network
MTV
Showtime
Nickelodeon
VH1

Other:
National Amusements Inc.
Viacom
Blockbuster
Video Superstore

Business Relationships & Investments: John Malone (TCI) began a conservative news channel w/ fellow right-winger Rupert Murdoch

Gannett

Factoids:
Net Worth: .8 Billion
One of the seven corporations that dominate Chicago-area radio
1995 Chicago Radio Station Revenue: .9 Million

Publishing:
Gannett News Service

Broadcast / Cable:
2 radio stations in Chicago:
WGCI AM/FM Radio Chicago
Many other radio stations
Many other TV stations
USA Today
Lots of newspapers

Other:
Gannett Telemarketing
Gannett Outdoor / Chicago

News Corporation (Rupert Murdoch)

Factoids:
Pals with Newt Gingrich

Publishing:
HarperCollins
TV Guide
1/3 of all newspapers in Great Britain
1/2 of all newspapers in Australia
Twentieth Century Fox

Broadcast / Cable:
WFLD Chicago Fox TV
Fox Network
New World Communication Group

Business Relationships & Investments:
Rupert Murdoch (Fox) began a conservative news channel w/ fellow right-winger John Malone (TCI)

Ameritech

Factoids:
Net Assets Million

Broadcast / Cable:
Americast (cable TV network)

Other:
Local Telephone Service in 11.1 million homes & 1 million businesses
Long Distance Networks
cellular telephone
security monitoring networks

Cox

Factoids:
One of the seven corporations that dominate Chicago-area radio
ties into publishing, cable & radio
1995 Chicago Radio Station Revenue: .3 Million

Broadcast / Cable:
WCKG FM Chicago
WYSY FM Chicago

Evergreen

Factoids:
One of the seven corporations that dominate Chicago-area radio
specializes in radio
1995 Chicago Radio Stations Revenue (excluding WEJM): .4 Million

Broadcast / Cable:
7 Chicago radio stations:
WLUP FM Chicago
WVAZ FM Chicago
WNUA FM Chicago
WRCX FM Chicago
WMVP AM Chicago
WEJM AM / FM Chicago

Tichenor

Factoids:
(not publicly traded)
One of the seven corporations that dominate Chicago-area radio
specializes in radio
1995 Chicago Radio Stations Revenue: Million

Broadcast / Cable:
WIND Chicago
WOJO FM Chicago