Table of Contents

• Executive Summary
  
• Methodology
  
  • Years Of Experience
    
  • Business Opportunities
    
  • Key Trend Identified - Industry Rationalization
    
• Worldwide Media Mega Companies
  
  • Massive Consolidation In The Media Industry
    
  • Assets Expand From "Content" To "Distribution"
    
  • Snapshot Of Assets Of Selected Media Mega Companies
    
• Four Major Influencers
  
  • The British Broadcasting Corporation
    
    • BBC Broadcast Networks Among The World's Leaders
      
    • New Media And Technology Leadership
      
    • BBC Ventures Group To Drive New Growth Opportunities
      
  • NHK - The Japan Broadcasting Corporation
    
    • Programming And Technologies Among The World's Leaders
      
  • PBS - The U. S. Public Broadcast Entity
    
    • Funded From Donations, Foundations and Underwriters
      
    • PBS Is Non-Centralized, Individual Stations Provide Initiative
      
    • Leadership Role For Digital Satellite & Digital Terrestrial TV
      
  • Microsoft As A Media Company
    
    • X-Box, Flight Simulators, Electronic Program Guides
      
    • MSN On-Line Service, MS-NBC Cable TV Channel
      
    • Windows Being Extended Beyond Personal Computers
      
    • Windows Media 9 Series Technologies Provide An "Edge"
      
• The Top Dozen Media Mega Companies
  
  • Asset Portfolio - The Hands In The Pies
    
  • How The Information Is Presented
    
  • Printed Out This Report Is A Useful Tool
    
• AOL-Time-Warner
  
  • $ 1 Billion Per Month In Recurring Revenues
    
  • Comcast Now Owns Part Of AOL Time-Warner
    
  • Strong "Content" Needs To Create Results
    
  • Synergy Is Not Apparent
    
  • Steve Case Resigns - Hunt For New Chairman Underway
    
• The Walt Disney Company
  
  • One Of The Largest "Pure Play" Media Conglomerates
    
  • Reduced Travel Affecting Theme Parks
    
  • Key Growth Opportunities Are International
    
  • Walt Disney Internet Group
    
• Viacom
  
  • Viacom Content Library & Syndication Services
    
  • Cross Advertising Possibilities Are Powerful
    
  • Blockbuster Video
    
  • International Holdings
    
• Vivendi Universal
  
  • Turning Water Into Celluloid
    
  • Thriving On Chaos - Will They Succeed?
    
  • The Current Incarnation Moves Forward
    
• Sony Corporation - Owner of Sony Pictures & Sony Music & PlayStation
  
  • Sony Broadband Entertainment
    
  • Sony Music Entertainment Inc.
    
  • Sony Pictures Entertainment, Inc.
    
  • Sony PlayStation 1 & 2
    
• News Corporation
  
  • GemStar/TV Guide
    
  • 20th Century Fox Films & Television
    
  • Sky Global Networks, Inc.
    
  • News Corporation Will Be The Innovator For The Next-Generation Of Television
    
• Cox Enterprises
  
  • An Enterprise To Watch
    
  • Newspapers, TV & Radio Stations, Cable TV - All Local
    
  • ValuPak Direct Mail Services & Classified Ad Papers
    
  • Vehicle Auctions Provide Surprising On-Line Opportunities
    
• Bertelsmann AG
  
  • Bertelsmann In The United States
    
  • Bertelsmann In Europe
    
  • Bertelsmann Worldwide "Other" Holdings
    
• Lagardère SCA
  
  • Newspaper Distribution Establishes Recurring Revenues
    
  • Print Properties Expand Overseas
    
  • TV, Radio And On-Line Expansion Opportunities
    
  • Lagardère SCA Focusing On Europe, Others Looking At Latin America
    
• General Electric And NBC
  
  • NBC - Straddling Broadcast, Cable TV, and The Internet
    
  • NBC Entertainment - The TV Studio
    
  • Key Growth Opportunity With Hispanic Viewers
    
• Grupo Televisa, S.A.
  
  • Grupo Televisa, S. A. Is An Important "Leading Indicator" For Latin American Opportunities
    
  • A True Conglomerate - Print, TV, Radio, Cable and Satellite
    
  • Sports Teams Included
    
  • Competition Coming From Cisneros & Grupo Prisa
    
• Liberty Media
  
  • Equity Stakes In News Corp. & Vivendi/Universal
    
  • United Global Com
    
  • Ascent Media Group
    
  • World's Top Cable TV Voice Telephone Provider
    
• Summary Of Top Dozen Media Mega Companies Value
  
• Appendix - An Interesting Comparison Between Media Companies And The Semiconductor Industry
  
  • Semiconductor Industry Growth May Be Leading Indicator For Media Industry
    
• Appendix - How To Use The Information In This Report
  
  • This Report Is A Tool To Be Printed On Loose Leaf Paper And Spread Out
    
  • Major Opportunities For Multimedia Broadband Service Providers Can Be Identified
    
  • Major Equipment Possibilities Can Be Identified By Sub-Groups

List of Tables

• Table 1. Worldwide Annual Revenues For Top Dozen Media Mega Companies (US$ Billions, annual growth rate in percent, Compound Annual Growth Rate in percent)
  
• Table 2. Worldwide Summary Of AOL Time Warner Holdings And Operations
  
• Table 3. Worldwide Summary Of The Walt Disney Company Holdings And Operations
  
• Table 4. Worldwide Summary Of Viacom Holdings And Operations
  
• Table 5. Worldwide Summary Of Vivendi Universal Media Holdings And Operations
  
• Table 6. Worldwide Summary Of Sony Corporation Media Holdings and Operations
  
• Table 7. Worldwide Summary Of News Corporation Holdings and Operations
  
• Table 8. Worldwide Summary Of Cox Enterprises Media Holdings And Operations
  
• Table 9. Worldwide Summary Of Bertelsmann Media Holdings and Operations
  
• Table 10. Worldwide Summary Of Lagardère SCA Media Holdings and Operations
  
• Table 11. Worldwide Summary Of GE/NBC Media Holdings And Operations
  
• Table 12. Worldwide Summary Of Grupo Televisa Media Holdings And Operations
  
• Table 13. Worldwide Summary Of Liberty Media Holdings And Operations
  
• Table 14. Worldwide Summary Of Top Dozen Media Companies Value
  
• Table 15. Comparison Between Annual Worldwide Revenues For Semiconductor Industry And Selected Media Companies (annual revenues in US$ Billions, annual growth in percent, Compound Annual Growth Rate in percent)

List of Figures

• Figure 1. Channel Line-Up Of BBC-Anchored Freeview Digital Terrestrial Service
  
• Figure 2. Map Of NHK Presence Around The Globe
  
• Figure 3. Worldwide Summary Of Top Dozen Media Mega Companies
  
• Figure 4. Comparison Between Annual Worldwide Revenues For Semiconductor Industry And Selected Media Companies (annual revenues in US$ Billions)
  
• Figure 5. An Example Showing The Four "Influencer" Entities (Major Influencers, printed out and aligned side-by-side for comparison)
  
• Figure 6. An Example Showing The First Four Major Media Mega Companies (Media mega companies, printed out and aligned side-by-side for comparison including Tables below the texts)