Ever wonder who controls the media you consume? The TV you see? The news your read? The website Best Communications Degrees has taken a look at the top 10 media companies according to profit and influence around the world and come up with these results:
Hat Tip: Bitten and Bound
One thing I’ve read is that most of the big media companies like Walt Disney derive their profits from selling toys. Seriously. Walt Disney’s biggest source of revenue is selling toys from their movies. Not their movies themselves. In fact, movies are very risky and low profit margin.
TV companies also make a lot of their money on DVD sales and merchandise. Less than you’d expect from their ad revenue. Most ad revenue for the bigger shows gets eaten up by the high payrolls.
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