MEDIA FAMILY TREES Top properties of the nation’s 15 largest media companies by net revenue in 2005
Time Warner Comcast Corp. Disney ABC Cable Networks Twentieth Century Fox CBS Corp. Cox Radio Conde Nast Publications Tribune Publishing $33.73 billion net media revenue 1 $22.08 billion net media revenue 2 $2.21 billion net rev/5 networks $2.72 million net U.S. revenue $11.80 billion net media revenue 7 64% $437.9 million net/79 stations $3.40 billion net ad revenue $4.07 billion net/27 U.S. papers Includes Fox Searchlight and movies-related svcs Viacom split into two companies in first-quarter 2006, NETWORK NET REVENUE Viacom and CBS Corp., to energize Viacom stock which STATION, LOCATION GROSS REVENUE TOP 10 MAGAZINES GROSS AD REVENUE NEWSPAPER GROSS REVENUE Turner Broadcasting System Comcast Cable Disney Channel ...... $822.0 MySpace.com had been languishing since it peaked in 2000. WSB AM (Atlanta) ...... $43.6 Vogue ...... $345.5 Los Angeles Times ...... $1,195.4 ABC Family ...... 424.9 WALR FM (Atlanta) ...... 22.4 Glamour ...... 270.6 Chicago Tribune ...... 846.3 $9.61 billion net revenue $21.16 billion net/23.3 million subs $175.0 million net ad revenue Toon Disney ...... 105.2 CBS Television Network WSB FM (Atlanta) ...... 20.7 Vanity Fair ...... 258.8 Newsday (Long Island, N.Y.) ...... 545.6 SoapNet ...... 93.2 MySpace is among multiple websites operated as part KKBQ FM (Houston-Galveston) ...... 18.4 New Yorker ...... 215.4 South Florida Sun-Sentinel ...... 405.5 TOP NETWORKS NET REVENUE of Fox Interactive Media $6.67 billion gross ad revenue 166.3 Dollars are in millions from Kagan Research WEDR FM (Miami) ...... 17.0 Golf Digest ...... The Baltimore Sun ...... 320.0 TNT ...... $1,628.2 Cable Networks* 164.9 Revenue estimates are in millions from BIA. GQ ...... Revenue estimates are in millions from BIA. TBS ...... 965.9 $919.0 million net revenue News America Marketing CBS TV Network: Over 200 affiliates, 21 Architectural Digest ...... 160.7 CNN and CNN Headline News ...... 915.2 $593.0 million net revenue owned and operated CBS stations Bride's ...... 151.5 Cartoon Network ...... 481.8 NETWORKS NET REVENUE NAM’s media tally is for FSIs Self ...... 143.1 A&E Television Networks 41 142.6 Court TV* ...... 264.9 Golf Channel ...... $267.5 37.5% STATION, LOCATION GROSS REVENUE Cox owns 25% Discovery Communications 30 W ...... Chicago Magazine Turner Classic Movies ...... 190.9 135.4 $1.09 billion net revenue WCBS (New York) ...... $205.0 Revenue are in millions from PIB Outdoor Life ...... NBC owns 25% of A&E Weekly Standard $1.74 billion net/15 U.S. networks $24.3 million net revenue Boomerang ...... 16.6 G4TV ...... 83.9 KCBS (Los Angeles) ...... 173.8 Conde Nast absorbed Advance’s Fairchild NETWORK NET REVENUE $5.1 million net revenue KYW, (Philadelphia) ...... 120.0 Publications and Golf Digest Cos. in Sept. 2005. Dollars are in millions from Kagan Research Dollars are in millions from Kagan Research $538.4 NETWORK NET REVENUE A&E ...... WBZ (Boston) ...... 108.0 *Liberty sold its 50% interest to TW in May 2006 474.7 Discovery ...... $616.4 *Includes all network cable including E! History Channel ...... WBBM (Chicago) ...... 107.3 Gannett Co. WGN Superstation 40.5 TLC ...... 373.8 Biography ...... Revenue estimates are in millions from BIA. $6.40 billion net media revenue 12 over 69 million homes Home Box Office E! Networks History International ...... 29.0 Animal Planet ...... 232.7 $2.23 billion net rev/39.9 million subs 60.5% $450.3 million net/79.3 million homes Dollars are in millions from Kagan Research Travel Channel ...... 163.2 NBC Universal (General Electric Co.) Discovery Health ...... 102.4 Includes multiple HBO and Cinemax channels in the U.S. Hearst owns 37.5% of A&E 31% Food Network NETWORKS NET REVENUE $12.44 billion net media revenue 5 50% CW Television Network BBC America ...... 97.9 Newspapers 57.0 E! Entertainment Television ...... $344.9 GE owns 80% and Vivendi Universal owns 20% of launched September 2006 FitTV ...... $5.26 billion net/186 U.S. dailies $357.0 million net revenue Time Inc. Style...... 105.4 50% Lifetime Entertainment Svcs 48 NBC Universal Science Channel ...... 44.3 E.W. Scripps owns 68% 43.4 $4.01 billion net revenue Dollars are in millions from Kagan Research $926.8 million net revenue CW TV Network: 175 affiliates, 11 CBS Discovery Times* ...... NEWSPAPER GROSS REVENUE Dollars are in millions from Kagan Research $663.8 Disney owns 39.5% NBC Television Network Corp.-owned and operated CW stations USA Today ...... NETWORK NET REVENUE The Arizona Republic (Phoenix) . . . .558.3
$5.81 billion gross ad revenue owns of Advance 25% Discovery See note under Liberty at far left. *New York Times Co. owns 298.1 Charter Communications Lifetime ...... $811.4 STATION, LOCATION GROSS REVENUE 50% of Discovery Times. The Indianapolis Star ...... Time Inc. magazines Walt Disney Co. 266.9 Lifetime Movie Network ...... 107.5 NBC-TV Network: Over 200 affiliates, KBCW (San Francisco-Oakland) . . . .$45.2 The (Louisville) Courier-Journal . . . $5.25 billion net media revenue 14 $3.84 billion gross ad revenue $17.15 billion net media revenue 3 CBS Corp. owns 50% of CW 214.5 Lifetime Real Women ...... 7.9 14 owned and operated NBC stations WKBD (Detroit) ...... 40.0 Viacom The (Nashville) Tennessean ...... Dollars are in millions from Kagan Research $8.25 billion net media revenue Revenue estimates are in millions from BIA. TOP 10 MAGAZINES GROSS AD REVENUE WPSG (Philadelphia) ...... 39.4 9 People Weekly ...... $850.4 STATION, LOCATION GROSS REVENUE WTOG (Tampa) ...... 35.0 Charter Cable Walt Disney Studios, Pixar Hearst owns 50% of Lifetime $339.1 Time ...... 631.8 WNBC (New York) ...... WUPA (Atlanta) ...... 24.0 6.2 million subscribers $3.47 billion net 272.0 Sports Illustrated ...... 623.5 KNBC (Los Angeles) ...... Gross revenue estimates are in millions from BIA and MTV Networks 143.1 USA Weekend InStyle ...... 391.1 Includes Miramax, Touchstone, movies-related services News Corp. WMAQ (Chicago) ...... represent station revenue prior to the formation of the $4.37 billion net revenue 118.0 $431.4 million gross ad revenue Fortune ...... 312.7 $12.56 billion net media revenue 4 WCAU (Philadelphia) ...... CW Network, a joint venture of Time Warner and CBS 117.8 Corp. The network was formed following the dissolution Entertainment Weekly ...... 253.9 Buena Vista Magazines KXAS (Dallas-Fort Worth) ...... TOP 10 NETWORKS NET REVENUE of UPN and WB. Other media companies on this chart, $1,677.0 Clear Channel Communications Real Simple ...... 221.0 $110.3 million gross ad revenue Revenue estimates are in millions from BIA. Nickelodeon ...... including Tribune Co., own CW affiliates. 1,185.2 $5.02 billion net media revenue 15 Parenting* ...... 198.4 MTV ...... Gannett Broadcasting Fox Broadcasting Co. 617.9 Money ...... 171.5 TOP MAGAZINES GROSS AD REVENUE CBS Corp. owns 4 independent stations, including WSBK Comedy Central ...... $736.5 million net revenue 82% $4.49 billion net revenue (Boston), KTXA (Dallas), both former UPN affiliates. 501.0 Teen People ...... 66.9 FamilyFun ...... $90.7 Spike TV ...... Telemundo Communications Group VH1 ...... 492.0 Revenue are in millions from PIB Disney Adventures ...... 19.6 Fox TV network: $3.57 billion gross ad revenue, STATION, LOCATION, AFFILIATE REVENUE Clear Channel Television $886.6 million gross ad revenue Westwood One 62 TV Land ...... 256.3 Revenue are in millions from PIB 182 affiliates, 25 owned and operated by Fox 18% KUSA (Denver) NBC ...... $106.9 $2.68 billion net revenue *Parenting Group to be sold $557.8 million net revenue CMT ...... 153.3 Television Stations WXIA (Atlanta) NBC ...... 84.8 Telemundo Television Network: Managed by CBS Radio, content to over 7,000 stations and Noggin ...... 71.3 STATION, LOCATION, AFFILIATE REVENUE KARE (Minneapolis-St. Paul) NBC . . . .78.0 STATION, LOCATION, AFFILIATE REVENUE 32 affiliates, 15 owned and operated has 9 networks including CBS, CNN and NBC MTV2 ...... 59.8 $38.1 Southern Progress Corp. KTTV (Los Angeles) ...... $264.2 WUSA (Washington) CBS ...... 75.6 WKRC (Cincinnati) CBS ...... Telemundo stations, and distribution to Nick GAS ...... 28.7 28.0 $643.6 million gross ad revenue Citadel Communications* WNYW (New York) ...... 230.1 KPNX (Phoenix) NBC ...... 75.0 WOAI (San Antonio) NBC ...... nearly 450 cable systems CBS Radio* Dollars are in millions from Kagan Research 24.8 52% $638.0 million net revenue WFLD (Chicago) ...... 158.8 Gross revenue estimates are in millions from BIA. KTVX (Salt Lake City) ABC ...... $2.12 billion net rev/179 stations WHAM (Rochester, N.Y.) ABC ...... 18.4 TOP MAGAZINES GROSS AD REVENUE KDFW (Dallas-Ft. Worth) ...... 124.7 STATION, LOCATION GROSS REVENUE $218.1 WTEV (Jacksonville, Fla.) CBS ...... 18.0 Southern Living ...... ABC Radio Networks: Provides content to WAGA (Atlanta) ...... 103.1 KVEA (Los Angeles) ...... $50.1 125.9 more than 4,600 affiliates, offers 11 Radar- TOP 5 STATIONS GROSS REVENUE Gross revenue estimates are in millions from BIA. Cooking Light ...... Gross revenue estimates are in millions from BIA. WSCV (Miami) ...... 39.4 67.6 BET Holdings 101.0 monitored networks including ESPN, Radio KROQ FM (Los Angeles) ...... $ Sunset ...... WNJU (New York) ...... 34.4 60.8 $460.0 million net revenue Tribune Co. 89.3 Disney and ABC News. WINS AM (New York) ...... Health ...... WSNS (Chicago) ...... 17.5 57.2 $5.39 billion net media revenue 13 41.4 WCBS AM (New York) ...... Coastal Living ...... KXTX (Dallas-Fort Worth) ...... 7.8 54.0 NETWORKS NET REVENUE 33.7 MyNetworkTV WFAN AM (New York) ...... Clear Channel Radio Southern Accents ...... STATION, LOCATION GROSS REVENUE Revenue estimates are in millions from BIA BET ...... $440.7 $39.7 launched in 2006 WFNY FM (New York) ...... 52.5 $3.53 billion net revenue Revenue are in millions from PIB WPLJ FM (New York) ...... BETJ ...... 19.3 35.6 Radio revenue estimates are in millions from BIA. Tribune Broadcasting KGO AM (San Francisco) ...... Dollars are in millions from Kagan Research KLOS FM (Los Angeles) ...... 35.1 MyNetworkTV: 167 affiliates, 10 owned and *Formerly known as Infinity Broadcasting Corp. $1.25 billion net rev/26 U.S. stations Premiere Radio Networks: Provides WBAP AM (Dallas-Ft. Worth) ...... 31.8 operated by Fox NBC Universal Cable content to more than 7,800 affiliates Time4Media* KQRS FM (Minneapolis-St. Paul) . . . . .25.5 $2.61 billion net revenue CBS Outdoor STATION, LOCATION, AFFILIATE REVENUE $696.7 million gross ad revenue Station revenue in millions from BIA. ABC owns 72 STATION, LOCATION, AFFILIATE REVENUE $1.27 billion net revenue Paramount Studios WPIX (New York) CW ...... $220.5 STATION, LOCATION GROSS REVENUE stations. 112.1 141.1 WWOR (New York) ...... $ NETWORKS NET REVENUE *Formerly known as Viacom Outdoor $2.56 billion net revenue KTLA (Los Angeles) CW ...... WLTW FM (New York) ...... $68.3 109.2 WGN (Chicago) CW ...... 155.6 59.3 TOP 10 MAGAZINES GROSS AD REVENUE *Formerly known as ABC Radio. Citadel KCOP (Los Angeles) ...... USA Network ...... $1,071.3 Includes DreamWorks and movies-related services KFI AM (Los Angeles) ...... 44.7 59.9 Golf Magazine ...... $178.9 Communications will be the new name for ABC Radio WPWR (Chicago) ...... Sci Fi ...... 496.0 Showtime Networks KDAF (Dallas-Fort Worth) CW ...... KIIS FM (Los Angeles) ...... 52.8 34.6 50.0 Popular Science ...... 81.2 when Disney merges at the end of this year its radio WDCA (Washington) ...... CNBC ...... 483.2 $1.21 billion net revenue/45.8 subs WPHL (Philadelphia) MyTV ...... KOST FM (Los Angeles) ...... 48.8 80.3 network and 22 stations into Citadel Broadcasting, 34.2 Gross revenue estimates are in millions from BIA. Field & Stream ...... KTXH (Houston-Galveston) ...... Bravo ...... 283.3 WHTZ FM (New York) ...... 47.7 64.2 ranked No. 78 among the 100 Leading Media Cos. Includes The Movie Channel and Flix EchoStar Communications Group Yachting ...... Gross revenue estimates are in millions from BIA and MSNBC* ...... 251.4 Revenue estimates are in millions from BIA. This Old House ...... 61.0 Disney will own 52% of the merged entity. represent station revenue prior to the formation of Trio ...... 7.4 CSTV $8.05 billion net media revenue 10 Ski ...... 47.1 Fox’s MyNetworkTV network. The network was formed Dollars are in millions from Kagan Research $40.1 million net revenue WGN AM Chicago Transworld Skateboarding ...... 35.8 ABC Inc. following the dissolution of UPN and WB. Outdoor Life ...... 31.4 *Microsoft Corp. owns 18% of MSNBC College Sports TV acquired by CBS January 2006 $44.5 million net revenue Clear Channel Outdoor Skiing ...... 24.7 DISH Network $1.22 billion net revenue Motorboating ...... 23.9 Cox Enterprises 12.04 million subscribers Revenue are in millions from PIB Fox Cable Networks Group Universal Studios ABC Television Network $3.36 billion net revenue $2.60 billion net U.S. revenue $9.09 billion net media revenue 8 *Division being sold, except Golf, This Old House and Includes movies-related services their related properties $5.05 billion net revenue NETWORK NET REVENUE HOW TO READ THE TREES Fox Sports Networks ...... $1,553.1 Cox Television Advance Publications Warner Bros., New Line ABC TV Network: $5.90 billion gross ad 610.8 ION Media Networks* Fox News ...... 56% $7.54 billion net media revenue 11 $3.60 billion net U.S. revenue revenue, 226 affiliates, 10 O&O ABC stations FX Network ...... 597.0 $254.2 million net revenue $526.3 million net revenue/15 stations THE TOP 15 LEADING MEDIA COMPANIES,each rankings in Ad Age’s 100 Leading Media Includes Fine Line and movies-related services Speed Channel ...... 214.5 with U.S. media net revenue greater than $5 Cos. report. The schematics also do not 50% STATION, LOCATION GROSS REVENUE Fox Movie Channel ...... 49.5 ION Media Networks: 61 owned or billion, are shown in ranked order on this $297.0 Dollars are in millions from Kagan Research STATION, LOCATION, AFFIL GROSS REVENUE Advance Newspapers reflect all media properties (such as Web CW Television Network WABC (New York) ...... operated ION stations, plus 54 affiliates WSB (Atlanta) ABC ...... $144.0 poster. Diagrams reflect only the media sites or magazines published by cable net- KABC (Los Angeles) ...... 223.5 123.2 $2.24 billion net/25 dailies launched in 2006 184.5 KTVU (San Francisco) FOX ...... properties of these companies in addition to works). Likewise, the tabular listing by rev- WLS (Chicago) ...... STATION, LOCATION GROSS REVENUE WFTV (Orlando, Daytona Beach) ABC . . .75.0 Joint venture of Warner Bros. Entertainment and CBS Corp. 178.5 $12.4 NEWSPAPER GROSS REVENUE their minority-held media units. enue size of media properties shown in boxes WPVI (Philadelphia) ...... 67% National Geographic Channel WPXN (New York) ...... KIRO (Seattle-Tacoma) CBS ...... 58.0 KGO (San Francisco) ...... 100.9 KPXN (Los Angeles) ...... 6.1 Star-Ledger (Newark) ...... $480.6 Media in large part are defined as infor- is not meant to be definitive. News Corp. owns 38% of DirecTV. WPXI (Pittsburgh) NBC ...... 56.0 Time Warner Cable Revenue estimates are in millions from BIA. $202.2 million net revenue WCPX (Chicago) ...... 5.9 The Plain Dealer (Cleveland) ...... 415.8 Gross revenue estimates are in millions from BIA. mation and entertainment distribution sys- Media measurement sources other than 84% $9.46 billion net/10.9 million subs National Geographic Television owns 33%. Operates WBPX (Boston) ...... 3.3 The Oregonian (Portland) ...... 350.3 under Fox Cable Networks. tems in which advertising is a key element. Adelphia owns 16% WPXA (Atlanta) ...... 4.2 The Times-Picayune (New Orleans) . . .213.5 public documents are listed in each box. Ad Liberty owns 19% of News Corp. New York Post KPXD (Dallas-Fort Worth) ...... 2.9 The Grand Rapids Press ...... 150.7 Typically, non-media operations of these Age includes one non-100 media company, ESPN Inc. Revenue estimates are in millions from BIA. Cox Newspapers Revenue estimates are in millions from BIA. companies include book and music publish- America Online 80% $219.4 million net revenue Liberty Media (bottom left), to illustrate its $4.49 billion net rev/13 networks $1.40 billion net/17 dailies ing, retail, consumer products and ad rep multiple investments and possible influence $6.32 billion net/19.5 millions subs *Formerly known as Paxson Communications Corp. Includes AOL, CompuServe and Netscape. AOL in August operations among others. Non-U.S. revenue among companies in the top 100. This poster NETWORK NET REVENUE 41% NEWSPAPER GROSS REVENUE 2006 reported it was changing its business model, sup- $3,733.9 Gemstar-TV Guide Int’l 72 iVillage Parade Publications is excluded from this report. accompanies the 100 Leading Media Cos. planting declining subscription revenue with ad dollars ESPN ...... Atlanta Journal-Constitution . . . . .$462.5 related to online video and video search. It plans to ESPN2 ...... 430.9 $461.5 million net revenue $91.1 million net revenue 198.5 $626.0 million gross ad revenue All numbers inscribed in circles represent report published Oct. 2, 2006. Liberty Liberty owns less than 1% of Time Warner Austin American-Statesman ...... cease marketing its dial-up service. 136.7 ESPN Classic ...... The Palm Beach Post ...... 192.3 ESPNews ...... 67.4 see note on Liberty ownership of Discovery Dayton Daily News ...... 145.8 Leading Media Co. Magazine Internet Cable TV network Radio 6.1 ESPN Deportes ...... TV Guide Channel/Interactive DirecTV Group Waco Tribune-Herald ...... 27.5 American City Business Journals Dollars are in millions from KaganResearch Liberty Media $224.0 million net revenue $12.20 billion net media revenue Revenue estimates are in millions from BIA. 41 business publications 6 Movies & related Newspaper Broadcast TV Cable/satellite system Outdoor/other $7.96 billion net revenue (non-media) Hearst owns 20% of ESPN Cox Newspapers also owns 25 non-dailies Liberty Media, an investor in media companies, spun off its 50% Owns less than 100% Shows less than majority ownership and ownership between 100 leading media companies ownership in Discovery Communications to Discovery Holding ESPN The Magazine DirecTV Cox Communications Bright House Networks Co., controlled by John Malone, Liberty chairman. Liberty owns TV Guide This document, and information contained therein, is the copyrighted property of Crain Communications Inc. and The Ad Age Group (© Copyright QVC, Starz Encore Group, 50% of GSN and 19.9% of $275.5 million gross ad revenue $230.0 million net revenue 15.1 million U.S. subscribers $6.72 billion net/6.7 million subscribers $1.9 billion net/2.2 million subs 2006) and is for your personal, non-commercial use only. You may not reproduce, display on a website, distribute, sell or republish this InterActiveCorp. document, or the information contained therein, without prior written consent of The Ad Age Group.
NET U.S. REVENUE IN 2005 BY MEDIA FOR THE TOP FIVE TIME WARNER $33.73 BILLION COMCAST CORP. $22.08 BILLION WALT DISNEY CO. $17.15 BILLION NEWS CORP. $12.56 BILLION NBC UNIVERSAL $12.44 BILLION
Magazines Cable networks Magazines Other media Newspapers Other media $919.0 million; 4.2% $4.01 billion; 11.9% Other media $361.0 million; 2.1% $1.77 billion; 14.1% $219.0 million; 1.7% $1.19 billion; 9.6% $1.16 billion; 6.8% Broadcast TV Broadcast TV Broadcast TV $6.04 billion; 48.5% $5.05 billion; 29.5% Movies & Movies & Internet & other $715.0 million; 2.1% Movies & related services related services $10.26 billion; 30.4% $2.60 billion; 20.9% related services $2.72 billion; 21.6% Broadcast TV Cable networks $3.47 billion; 20.3% $4.49 billion; 35.8% $5.70 billion; 16.9% Movies & Radio related services $638.0 million; 3.7% $3.60 billion; 10.7% Cable networks Cable networks $3.36 billion; 26.7% $2.61 billion; 21% Cable systems Cable systems Cable networks $9.46 billion; 28.0% $21.16 billion; 95.8% $6.46 billion; 37.7%
Figures are Ad Age estimates. Percentages represent a medium’s share of the media pie, for example, in the pie above magazines at Times Warner represent 11.9% of TW’s U.S. revenue drawn from media properties.