MediaTreeBig04R.qxd 8/13/04 3:18 PM Page 1 Media Family Trees TOP PROPERTIES OF THE NATION’S $4 BILLION-PLUS MEDIA ELITE

Time Warner Comcast Corp. Infinity Broadcasting Corp. Buena Vista Cox Newspapers Weekly Standard Parade Publications WGN AM $29.25 billion net media revenue 1 $17.49 billion net media revenue 2 $2.26 billion gross rev/185 stations $317 million gross ad revenue $1.40 billion net/42 newspapers $2 million gross ad revenue $613 million gross ad revenue $38 million net revenue Comcast owns 4.6% (voting power) of Cablevision Systems TOP 5 STATIONS GROSS REVENUE TOP MAGAZINES GROSS AD REVENUE NEWSPAPER GROSS REVENUE WINS AM (New York) ...... $60.0 ESPN ...... $211.4 Journal-Constitution . . . . .$443.0 Turner Broadcasting System Comcast Cable 58.6 76.7 Gemstar-TV Guide Int’l 49 Conde Nast Publications TV $16.61 billion net/21.5 million subs KROQ FM () ...... FamilyFun ...... Austin American-Statesman ...... 185.0 . $3.70 billion net revenue WCBS AM (New York) ...... 55.5 Discover ...... 14.6 Palm Beach Post, The ...... 170.0 owns 42% $680 million net revenue $1.84 billion gross ad revenue $1.32 billion net/26 U.S. stations WFAN AM (New York) ...... 52.0 Disney Adventures ...... 14.5 ...... 149.0 TOP NETWORKS NET REVENUE STATION, LOCATION, AFFILIATE REVENUE WXRK FM (New York) ...... 51.7 Disney Magazine ...... NA Waco Tribune-Herald ...... 26.0 TOP 10 MAGAZINES GROSS AD REVENUE TNT ...... $1,502.1 Cable Networks 274.9 WPIX (New York) WB ...... $250.2 Radio revenue estimates are in millions from BIA. Revenue are in millions from PIB Revenue estimates are in millions from BIA. TV Guide Channel Vogue ...... $ 858.2 209.9 KTLA (Los Angeles) WB ...... 151.0 CNN and CNN Headline News . . . . . $357 million net revenue $93 million net revenue Vanity Fair ...... TBS ...... 776.2 Glamour ...... 200.0 WGN (Chicago) WB ...... 148.0 ...... 307.8 NETWORKS NET REVENUE New Yorker ...... 175.9 KDAF (-Ft. Worth) WB ...... 60.6 Turner Classic Movies ...... 183.1 Golf Channel ...... $192.8 Viacom Outdoor Us Weekly Cox Radio Architectural Digest ...... 131.0 WATL (Atlanta) ...... 58.8 50% 62% 128.0 CNNfn ...... 66.8 Outdoor Life ...... 99.0 $1.75 billion net revenue $91 million gross ad revenue $426 million net/78 stations TV Guide GQ ...... Gross revenue estimates are in millions from BIA. 6.8 65.4 Self ...... 111.2 Boomerang ...... G4techTV ...... Wenner Media owns 50% $365 million net revenue Dollars are in millions from Kagan Dollars are in millions from Kagan Conde Nast Traveler ...... 105.3 STATION, LOCATION GROSS REVENUE 100.5 44.5 Allure ...... Walt Disney Co. NBC Universal (General Electric Co.) WSB AM (Atlanta) ...... $ Bon Appetit ...... 95.5 WGN Superstation WSB FM (Atlanta) ...... 22.3 $11.24 billion net media revenue 4 $8.18 billion net media revenue 5 Co. Revenue are in millions from PIB over 56 million homes E! Networks owns WALR FM (Atlanta) ...... 21.8 $6.33 billion net media revenue Home Box Office Disney GE owns 80% and Vivendi Universal owns 20% of 18.3 9 60.5% $376 million net/85 million homes 39.5% NBC Universal KKBQ FM (-Galveston) . . . . . WEDR FM () ...... 18.3

NETWORKS NET REVENUE ABC Inc. A&E NBC Television Network Revenue estimates are in millions from BIA. 31% NETWORKS SUBSCRIBERS of E! Entertainment Television . . . . .$319.0 $10.94 billion net revenue $5.58 billion gross ad revenue Newspapers Golf Digest Cos. $207 million net revenue HBO and Cinemax ...... 38.8 million Style...... 57.4 25% $5.61 billion net/100 U.S. dailies $157 million gross ad revenue E.W. Scripps owns 68% HBO and Cinemax offer multiple networks Dollars are in millions from Kagan NBC-TV Network: Over 200 affiliates, owns ABC Television Network 14 owned and operated NBC stations 63.4% NEWSPAPER GROSS REVENUE MAGAZINES GROSS AD REVENUE Charter Communications NBC $5.76 billion net/6.6 million subs USA Today ...... $800.0 Golf Digest ...... $121.3 $4.82 billion net media revenue $5.13 billion gross ad revenue STATION, LOCATION GROSS REVENUE Republic, The ...... 520.0 Golf World ...... 19.8 14 Viacom 16.2 WB Television Network WNBC (New York) ...... $335.8 Star, The ...... 252.0 Golf For Women ...... ABC TV Network: 226 affiliates, 10 owned $1.02 billion gross ad revenue $17.25 billion net media revenue 3 KNBC (Los Angeles) ...... 250.0 24.9% Discovery Communications 27 Courier-Journal, The ...... 233.0 Revenue are in millions from PIB 77.7% and operated ABC stations WB, with 215 affiliates is part of TW’s Warner Bros. WMAQ (Chicago) ...... 158.0 Tennessean, The ...... 206.0 Charter Cable Entertainment division $1.26 billion net/14 U.S. networks WCAU (Philadelphia) ...... 131.0 Revenue estimates are in millions from BIA. 6.5 million subscribers STATION, LOCATION GROSS REVENUE Time Inc. Tribune owns 22.3% of WB MTV Networks KXAS (Dallas-Ft. Worth) ...... 125.3 WABC (New York) ...... $286.3 NETWORK NET REVENUE Advance $3.77 billion net revenue Revenue estimates are in millions from BIA. $4.51 billion net revenue KABC (Los Angeles) ...... 247.0 Discovery ...... $540.8 Fairchild Publications WPVI (Philadelphia) ...... 178.0 TLC ...... 452.5 $485 million gross ad revenue Hearst Corp. TOP 10 NETWORKS NET REVENUE 148.8 owns USA Weekend 1,244.1 WLS (Chicago) ...... 170.0 ...... $4.05 billion net media revenue Nickelodeon ...... $ 122.3 $378 million gross ad revenue MAGAZINES GROSS AD REVENUE 15 Travel Channel ...... 24.9% Time Inc. magazines MTV ...... 998.3 KGO () ...... 114.0 Communications Group BBC America ...... 59.5 Bride's ...... $161.8 Comedy Central ...... 372.8 Revenue estimates are in millions from BIA. $3.46 billion gross ad revenue $1.55 billion gross ad revenue Discovery Health ...... 55.1 W ...... 121.7 Spike TV ...... 369.6 114.8 FitTV ...... 29.9 Modern Bride ...... Hearst Magazines* TOP 10 MAGAZINES GROSS AD REVENUE VH1 ...... 349.9 Telemundo Television Network: Gannett Broadcasting 44.1 Discovery Kids ...... 21.3 Jane ...... $1.90 billion net revenue People Weekly ...... $744.2 TV Land ...... 193.5 32 affiliates, 15 owned and operated $720 million net Details ...... 42.8 Disney ABC Cable Networks Science Channel ...... 20.9 Sports Illustrated ...... 641.9 CMT ...... 105.3 Telemundo stations, and distribution to Revenue are in millions from PIB $1.23 billion net rev/22 networks Discovery Times ...... 18.4 TOP 10 MAGAZINES GROSS AD REVENUE Time ...... 604.9 Noggin ...... 44.4 nearly 450 cable systems STATION, LOCATION, AFFILIATE REVENUE 401.9 Dollars are in millions from Kagan 92.3 Fairchild also publishes 10 business titles ...... $ In Style ...... 292.8 MTV2 ...... 42.1 KUSA () NBC ...... $ Cosmopolitan ...... 294.7 NETWORK NET REVENUE 90.5 Fortune ...... 279.2 Nick GAS ...... 18.9 STATION, LOCATION GROSS REVENUE WXIA (Atlanta) NBC ...... O-The Oprah Magazine** ...... 179.1 Disney Channel ...... $762.7 81.0 Entertainment Weekly ...... 233.6 Dollars are in millions from Kagan KVEA (Los Angeles) ...... $52.0 KPNX (Phoenix) NBC ...... ...... 154.9 ABC Family ...... 335.2 75.3 American City Business Journals Parenting ...... 156.0 WNJU (New York) ...... 40.0 WUSA () CBS ...... ...... 121.6 Toon Disney ...... 69.7 DirecTV Group 74.3 Money ...... 144.2 WSCV (Miami) ...... 37.2 KARE (-St. Paul) NBC . . . . 41 business publications ...... 117.4 SoapNet ...... 66.3 $7.70 billion net media revenue Real Simple ...... 101.8 WSNS (Chicago) ...... 16.0 7 Gross revenue estimates are in millions from BIA. Seventeen ...... 103.5 BET Holdings Dollars are in millions from Kagan 92.5 Teen People ...... 76.0 KXTX (Dallas-Ft. Worth) ...... 11.9 News Corp. owns 34% of DirecTV. Town & Country ...... 86.5 Revenue are in millions from PIB $336 million net revenue Revenue estimates are in millions from BIA 's Bazaar ...... Bright House Networks 83.3 DirecTV $1.58 billion net/2.2 million subs ...... NETWORKS NET REVENUE Clear Channel Communications Revenue are in millions from PIB

Hearst owns 20% ESPN 12.2 million U.S. subscribers BET ...... $322.8 80% ESPN Inc. $6.14 billion net media revenue 10 *Hearst Business Media operates more than 20 B-to-B properties, Southern Progress Corp. BET on Jazz ...... 13.4 $3.41 billion net rev/25 networks NBC Universal Cable including magazines. **Hearst owns 50% of O-The Oprah Magazine. Dollars are in millions from Kagan $465 million gross ad revenue NETWORK NET REVENUE $1.98 billion net revenue News Corp. EchoStar Communications Group Hearst Newspapers ESPN ...... $2,871.6 $7.53 billion net media revenue Clear Channel Television $5.41 billion net media revenue 12 $1.46 billion net/12 U.S. papers TOP MAGAZINES GROSS AD REVENUE NETWORKS NET REVENUE 8 ESPN2 ...... 358.0 $268 million net revenue Southern Living ...... $165.9 USA Network ...... $933.1 Showtime Networks ESPN Classic ...... 120.4 NEWSPAPER GROSS REVENUE Cooking Light ...... 92.5 CNBC ...... 479.0 $1.49 billion net revenue ESPNews ...... 58.1 STATION, LOCATION, AFFILIATE REVENUE ...... $591.0 Sunset ...... 85.8 Sci Fi ...... 353.8 ESPN Deportes ...... NA Fox Entertainment Group WKRC () CBS ...... $37.8 9.4 million subscribers ...... 563.0 Health ...... 73.1 Bravo ...... 199.5 82% NETWORK SUBSCRIBERS Dollars are in millions from Kagan $6.85 billion net revenue WOAI () NBC ...... 29.0 San Antonio Express-News ...... 230.0 Coastal Living ...... 26.1 18.8 Showtime, Movie Channel, Flix . . . .34.8 million Trio ...... KTVX () ABC ...... 27.8 Post-Intelligencer ...... 153.5 Southern Accents ...... 21.5 Dollars are in millions from Kagan Each has multiple networks WOKR (Rochester, N.Y.) ABC ...... 21.0 Tribune Co. Albany (N.Y.) Times-Union ...... 93.0 Revenue are in millions from PIB Revenue estimates are in millions from BIA. 50% WTEV (Jacksonville, Fla.) CBS ...... 19.3 $5.40 billion net media revenue 13 37.5% A&E Television Networks 35 Fox Broadcasting Co. Gross revenue estimates are in millions from BIA. Hearst owns 37.5% of A&E CBS Television Network $905 million net revenue MSNBC Cable 93 $4.42 billion net revenue Time4Media $5.83 billion gross ad revenue $241 million net revenue NETWORK NET REVENUE Fox TV network: $3 billion gross ad revenue, 182 Newspapers 65.2% Hearst-Argyle Television $533 million gross ad revenue 479.8 Microsoft Corp. owns 50% of MSNBC Clear Channel Radio CBS TV Network: Over 200 affiliates, 20 A&E ...... $ affiliates, 25 owned and operated Fox stations $4.02 billion net/11 U.S. papers $687 million net revenue History Channel ...... 351.3 $3.70 billion net TOP 10 MAGAZINES GROSS AD REVENUE owned and operated CBS stations Biography ...... 24.5 Paxson Communications Corp. 86 STATION, LOCATION, AFFILIATE REVENUE STATION, LOCATION, AFFILIATE REVENUE Golf Magazine ...... $156.4 50% NEWSPAPER GROSS REVENUE History International ...... 18.3 251.0 Premiere Radio Networks: Provides con- WCVB () ABC ...... $117.4 Field & Stream ...... 62.4 STATION, LOCATION GROSS REVENUE $271 million net revenue KTTV (Los Angeles) FOX ...... $ ...... $1,129.2 Dollars are in millions from Kagan 223.2 tent to more than 7,800 affiliates. 62.0 Popular Science ...... 57.9 WCBS (New York) ...... $205.0 WNYW (New York) FOX ...... ...... 798.5 WBAL (Baltimore) NBC ...... 168.0 61.2 This Old House ...... 56.7 KCBS (Los Angeles) ...... 150.0 PAX TV Network: 61 owned or operated WFLD (Chicago) FOX ...... Newsday (, N.Y.) ...... 622.1 WESH (Orlando) NBC ...... 40.2 113.5 PAX stations, plus 54 affiliates WWOR (New York) UPN ...... 130.0 STATION, LOCATION GROSS REVENUE South Sun-Sentinel ...... 350.0 KCRA (Sacramento, Stockton) NBC . .51.8 Ski ...... WBZ (Boston) ...... 69.6 Outdoor Life ...... 27.8 105.0 50% KDFW (Dallas-Ft. Worth) FOX ...... 120.8 WLTW FM (New York) ...... $ The Baltimore Sun ...... 305.0 WTAE () ABC ...... 51.4 KYW, (Philadelphia) ...... 59.8 Lifetime Entertainment Svcs Hearst owns 50% of Lifetime KIIS FM (Los Angeles) ...... Skiing ...... 27.6 KPIX (San Francisco) ...... 92.0 42 STATION, LOCATION GROSS REVENUE Gross revenue estimates are in millions from BIA. Revenue estimates are in millions from BIA. Gross revenue estimates are in millions from BIA. 24.8 $813 million net revenue 12.8 KFI AM (Los Angeles) ...... 52.0 Transworld Skateboarding ...... Revenue estimates are in millions from BIA. WPXN (New York) ...... $ Fox also owns 9 UPN stations and 1 independent station Yachting ...... 24.2 KPXN (Los Angeles) ...... 8.5 KOST FM (Los Angeles) ...... 49.8 Hearst-Argyle manages three radio stations it does not own Motorboating ...... 17.1 Viacom also owns 1 independent station NETWORK NET REVENUE WCPX (Chicago) ...... 7.3 WHTZ FM (New York) ...... 48.1 Revenue are in millions from PIB Lifetime ...... $733.8 WBPX (Boston) ...... 4.7 Fox Cable Networks Group Revenue estimates are in millions from BIA. Chicago Magazine 50% SmartMoney UPN Lifetime Movie Network ...... 63.5 WPXA (Atlanta) ...... 4.3 $2.31 billion net revenue $20 million net revenue $48 million gross ad revenue $505 million gross ad revenue Lifetime Real Women ...... 4.6 KPXD (Dallas-Ft. Worth) ...... 4.3 Dow Jones & Co. owns 50% Dollars are in millions from Kagan Revenue estimates are in millions from BIA. NETWORK NET REVENUE Networks ...... $1,189.5 Clear Channel Outdoor Time Warner Cable UPN TV Network: 183 affiliates, 18 owned 79% Comcast owns 21% FX Network ...... 441.4 $2.18 billion net HOW TO READ THE TREES $7.70 billion net/10.9 million subs and operated UPN stations 415.6 Fox News ...... The 15 “leading media companies” with U.S. media net revenue revenue shown for a company in most cases are less than total Includes Road Runner ISP with 3.2 millions subs Speed Channel ...... 158.1 ABC Radio greater than $4 billion are ranked on this poster. Diagrams show revenue (Walt Disney net revenue from media are $11.24 billion STATION, LOCATION GROSS REVENUE Fox Movie Channel ...... 48.1 America Online KTXA (Dallas-Ft. Worth) ...... $50.2 $612 million net revenue Dollars are in millions from Kagan media properties of these companies in addition to minority-held vs. $27.06 billion net in total worldwide revenue in 2003). Media $8.11 billion net media revenue 6 $5.91 billion net media revenue $8.60 billion net/30.6 millions subs WKBD () ...... 47.4 11 media units. All numbers inscribed in circles represent rankings measurement sources other than public documents are listed in 46.0 ABC Radio Networks: Provides content to in Ad Age’s 100 Leading Media Cos. report. The diagrams do not each box except for Broadcast TV networks whose gross ad rev- Includes AOL, CompuServe and Netscape WPSG (Philadelphia) ...... KBHK (San Francisco) ...... 45.0 more than 4,600 affiliates, offers 11 Radar- show all media properties (such as Web sites or magazines pub- enue come from TNS Media Intelligence/CMR. Ad Age includes 67% National Geographic Channel WSBK (Boston) ...... 35.0 monitored networks including ESPN, Radio Cox Television lished by cable networks) or include “non-media” units such as one non-100 media company, Liberty Media (bottom left), to Court TV $122 million net Advance Newspapers Revenue estimates are in millions from BIA. Disney and ABC News. $523 million net revenue/15 stations movie studios, book and directory publishing. Thus net U.S. media illustrate its multiple ownership in companies among the top 100. 50% $193 million net/79 million homes National Geographic Television owns 33% $2.13 billion net/25 dailies 50% Corp. STATION, LOCATION GROSS REVENUE STATION, LOCATION, AFFIL GROSS REVENUE Leading Media Co. Magazine Internet Cable TV network Radio News WPLJ FM (New York) ...... $40.4 NEWSPAPER GROSS REVENUE Liberty owns 4% of Time Warner of KTVU (San Francisco) FOX ...... $143.9 17% 37.0 Star-Ledger (Newark) ...... $435.0 55 KGO AM (San Francisco) ...... WSB (Atlanta) ABC ...... 135.0 owns 33.8 $240 million gross revenue The Plain Dealer () ...... 395.0 20% $539 million net revenue KLOS FM (Los Angeles) ...... WFTV (Orlando, Daytona Beach) ABC . .65.6 Major subsidiary Newspaper Broadcast TV Cable/satellite system Outdoor/other Liberty 26.5 The Oregonian (Portland) ...... 332.0 KQRS FM (Minneapolis-St. Paul) . . . . . WPXI (Pittsburgh) NBC ...... 56.5 26 -Picayune (New Orleans) . .243.0 Liberty Media Provides content to over 7,000 radio stations, WBAP AM (Dallas-Ft. Worth) ...... 0 KIRO (Seattle-Tacoma) CBS ...... 55.6 Owns less than 100% Shows less than majority ownership and ownership between 100 leading media companies Liberty owns 49.8% of Discovery Station revenue in millions from BIA. ABC owns 72 News America Marketing The Grand Rapids Press ...... 140.0 $4.03 billion net revenue and has 9 networks including CBS, CNN, NBC stations. Gross revenue estimates are in millions from BIA. This document, and information contained therein, is the copyrighted property of Crain Communications Inc. and The Ad Age Group (© Copyright $624 million net revenue Revenue estimates are in millions from BIA. 2004) and is for your personal, non-commercial use only. You may not reproduce, display on a website, distribute, sell or republish this An investor in media companies, Liberty owns QVC, Encore document, or the information contained therein, without prior written consent of The Ad Age Group. Group, 50% of GSN and 19.9% of InterActiveCorp Westwood is managed by Infinity NAM creates FSIs

2003 U.S. NET REVENUE BY MEDIA FOR THE TOP SIX Time Warner $29.25 billion Comcast Corp. $17.49 billion Viacom $17.25 billion Walt Disney Co. $11.24 billion NBC Universal $8.18 billion Cox Enterprises $8.11 billion

Magazines Cable networks Magazines Cable networks Magazines Cable networks Cable systems $4.51 billion; 15.4% $892 million; 5.1% $51 million; 0.3% Broadcast TV $5.52 billion; 49.1% $298 million; 2.7% $1.98 billion; 24.3% $5.76 billion; 71.0% Newspaper Internet $1.40 billion; 17.3% $8.60 billion; Outdoor $7.76 billion; 45.0% 29.4% $1.75 billion; Broadcast TV 10.1% Broadcast TV $660 million; 2.3% $523 million; 6.4% Broadcast TV $4.81 billion; 42.8%

Broadcast TV Radio Radio $6.19 billion; 75.7% Cable systems Cable systems Cable networks Cable networks $2.10 billion; 12.2% $612 million; $7.70 billion; 26.3% $16.60 billion; 94.9% $5.60 billion; $7.77 billion; 26.6% 5.4% Radio 32.4% $426 million; 5.3%

Figures are Ad Age estimates. American Media, Inc. Active Lifestyle Group Entertainment Group Enthusiast Group Latino Group Mini Mag Group Newsstand Group Digests DSI

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Source: Readership is from MRI Spring 2004 for measured titles and publisher’s estimates for non-measured titles.