#Comcast Corp | Explore Tumblr posts and blogs

elleven-news · 19 hours ago

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Paramount ends DEI policies, cites Trump executive order

The Paramount Global headquarters in New York on Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount said it would comply with President Donald Trump’s executive order banning the practice in…

#Amazon.com Inc #Breaking News: Politics #business news #Comcast Corp #diversity #Diversity & Equality #Donald Trump #equity and inclusion #Federal Communications Commission #Paramount Global #Politics #Target Corp #Walmart Inc #Walt Disney Co #Warner Bros Discovery Inc #Workplace diversity

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youthchronical · 4 months ago

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Comcast tops earnings estimates as Olympics propel the company

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count. Shares of Comcast gained 6% in early trading Thursday. Here is how Comcast performed, compared with estimates from analysts surveyed by LSEG: Earnings per share: $1.12 adjusted vs. $1.06 expected Revenue: $32.07 billion vs. $31.66 billion…

#Breaking News: Business #Business #business news #Comcast Corp #Earnings #Entertainment #Internet #Media #Michael Cavanagh #Paris #T-Mobile US Inc #Verizon Communications Inc

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uniqueeval · 6 months ago

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Rising NFL valuations mean massive returns for owners

Ryan Flournoy, #18 of the Dallas Cowboys, catches a touchdown pass as Matt Hankins, #23 of the Los Angeles Chargers, defends during the first half of a preseason game at AT&T Stadium in Arlington, Texas, on Aug. 24, 2024. Ron Jenkins | Getty Images Sport | Getty Images A National Football League team today is a $6.5 billion business. That is the average value of the NFL’s 32 franchises,…

#Alphabet Inc #Amazon.com Inc #Business #business news #Comcast Corp #Fox Corp. Class A #Los Angeles #National Football League #Netflix Inc #Paramount Global #Robert Kraft #Robert McNair #S&P 500 Index #Sports #Taylor Swift #Walmart Inc #Walt Disney Co

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clemprime13 · 1 year ago

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Comcast customer service just misgendered me.

I’m literally a cis man. I don’t know to applaud the woman on the other end of the line for trying to be inclusive (cause my IRL name can be used for both men and women) or shit on Comcast.

#clem speaks #men #comcast corp

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ennovance · 2 years ago

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Comcast's CEO Brian Roberts Aims to Disrupt Media: NBCU vs. Disney & Netflix

@MoritzDispatch

Philadelphia-based @Comcast has $121 billion in annual revenue (humble beginnings a buyout— 1,200-subscriber cable TV operator in Tupelo, Mississippi called American Cable Systems in 1963)

https://www.bloomberg.com/news/articles/2023-05-26/comcast-s-brian-roberts-aims-to-disrupt-media-nbcu-vs-disney-netflix?cmpid=BBBXT052623_DEALS&utm_medium=email&utm_source=newsletter&utm_term=230526&utm_campaign=deals $CMCSA #mergers #acquisitions #deals #investor

#privateequity #Comcast #comcast corp #cable #tv #media

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tuttle-did-it · 2 years ago

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PAY WRITERS.

This isn't that complicated.

Hollywood Reporter has even higher numbers- the top earner is over 300 MILLION PER YEAR.

#WGA strike #WGA strong #writer strike #WGA #support writers #support unions #Netflix #Nexstar #warner bros #discovery #comcast #paramount+#Paramount #walt disney #amc #fox corp #just pay writers #what the fuck could a Netflix CEO be doing that is worth $51MILLION what the fuck

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bettercalljuniper · 3 months ago

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Lilly: Rupert is Cooked

#fox network #fox sports #20th centery fox #los angeles #century city #rupert murdoch #news corp #nbc universal #comcast #sky news

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thescienceagriculture · 2 years ago

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THe World's Biggest Entertaintment Companies in 2022. The Data Was Obtained From Annual Report in 2022

#entertainment #entertainmentcompanies #walt disney #comcast #warner bros #news corp #thomson reuters #paramount #film industry #foxcorporation

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what-shitfuckery-is-this-ew · 1 year ago

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BOYCOTTING FOR PALESTINE

The Official BDS Boycott Targets

Consumer Boycotts - a complete boycott of these brands

Cisco

Axa

Puma

Carrefour

HP

Siemens

Chevron

Intel

Caltex

Israeli produce

Re/max

Ahava

Texaco

Sodastream

Intel

Organic Boycott Targets - boycotts not initiated by BDS but still complete boycott of these brands

Disney

Macdonald's

Dominos

Papa Johns

Burger King

Pizza Hut

Wix

Divestments and exclusion - pressure governments, institutions, investment funds, city councils, etc. to exclude from procurement contracts and investments and to divest from these

Elbit Systems

CAF

Volvo

CAT

Barclays

JCB

HD Hyundai

TKH Security

HikVision

Pressure - boycotts when reasonable alternatives exist, as well as lobbying, peaceful disruptions, and social media pressure.

Google

Amazon

AirBnb

Booking.Com

Expedia

Teva

Here are some companies that strongly support Israel (but are not Boycott targets). There is no ethical consumption under capitalism and boycotting is a political strategy - not a moral one. If you did try to boycott every supporter of Israel you would struggle to survive because every major company supports Israel (as a result of attempting to keep the US economy afloat), that being said, the ones that are being boycotted by masses and not already on the organic boycott list are coloured red.

5 Star Chocolate

7Days

7Up

Apple

Arsenal FC

ALDO

Arket

Axe

Accenture

Ariel

Adidas

ActionIQ

Aquafina

Amika

AccuWeather

Activia

Adobe

Aesop

Azrieli Group

American Eagle

Amway Corp

Axel Springer

American Airlines

American Express

Atlassian

AdeS

Aquarius

Ayataka

Audi

Barqs

Bain & Company

Bayer

Bank Leumi

Bank Hapoalim

BCG (Boston Consulting Group)

Biotherm

Bershka

Bloomberg

BMW

Boeing

Booz Allen Hamilton

Burberry

Bath & Body Works

Bosch

Bristol Myers Squibb

Capri Holdings

Costa

Carita Paris

CareTrust REIT

Caterpillar

Coach

Cappy

Caudalie

CeraVe

Check Point Software Technologies

Cerelac

Chanel

Chapman and Cutler

Channel

Cheerios

Cheetos

Chevron

Chips Ahoy!

Christina Aguilera

Citi Bank

Codral

Cosco

Canada Dry

Citi

Clal Insurance Enterprises

Clean & Clear

Clearblue

Clinique

Champion

Club Social

Coca Cola

Coffee Mate

Colgate

Comcast

Compass

Caesars

Conde Nast

Cooley LLP

Costco

Côte d’Or

Crest

CV Starr

CyberArk Software

Cytokinetics

Crayola

Cra Z Art

Daimler

Dr Pepper

Del Valle

Daim

Doctor Pepper

Dasani

Doritos

Daz

Dior

Dell

Deloitte

Delta Air Lines

Deutsche Bank

Deutsche Telekom

DHL Group

David Off

Disney

DLA Piper

Domestos

Domino’s

Douglas Elliman

Downy

Duane Morris LLP

Dreft Baby Detergent & Laundry Products

Dreyer’s Grand Ice Cream

eBay

Edelman

Eli Lilly

Evian

Empyrean

Ericsson

Endeavor

EPAM Systems

Estee Lauder

Elbit Systems

EY

Forbes

Facebook

Fairlife

Fanta

First International Bank of Israel

Fiverr

Funyuns

Fuze

Fox News

Fritos

Fox Corp

Gatorade

Gamida Cell

GE

Glamglow

General Catalyst

General Motors

Georgia

Gold Peak

Genesys

Goldman Sachs

Grandma’s Cookies

Garnier

Guess

Greenberg Traurig

Guerlain

Givenchy

H&M

Hadiklaim

Huggies

Hanes

HSBC

Head & Shoulders

Hersheys

Herbert Smith Freehills

Hewlett Packard

Hasbro

Hyundai

Henkel

Harel Insurance Investment & Financial Services

Hewlett Packard Enterprise

HubSpot

Huntsman Corp

IBM

Innocent

Insight Partners

Inditex Group

IT Cosmetics

Instacart

Intermedia

Interpublic Group

Instagram

ICL Group

Intuit

Jazwares

Jefferies

John Lewis

JP Morgan Chase

Jaguar

Johnson & Johnson

JPMorgan

Kenon Holdings

Kate Spade

Kirks’

Kinley Water

KKR

KFC

KKW Cosmetics

Kurkure

Keebler

Kolynos

Kaufland

Kevita

Knorr

KPMG

Lemonade

Lidl

Loblaws

Levi Strauss

Louis Vuitton

Life Water

Levi’s

Levi’s Strauss

Land Rover

L’Oréal

Lego

Levissima

Live Nation Entertainment

Lufthansa

La Roche-Posay

Lipton

Major League Baseball

Manpower Group

Marriott

Marsh McLennan

Maison Francis Kurkdjian

Mastercard

Mattel

Minute Maid

Monster

Monki

Mainz FC

Mellow Yellow

Mountain Dew

Migdal Insurance

Marks & Spencer

Mirinda

McDermott Will & Emery

Motorola

McKinsey

Merck

Michael Kors

Mizrahi Tefahot Bank

Merck KGaA

Micheal Kors

Milkybar

Maybelline

Mount Franklin

Meta

MeUndies

Microsoft

Milo

Morgan Lewis

Morgan Stanley

Motorola

MRC

Nasdaq

National Basketball association (NBA)

National Geographic

NeoGames

Nescafé

Nestle (and anything that stems from them)

Netflix

NFL

Nido

Nike

Nokia

Novartis

Nvidia

Okta

Omnicon Group

Oracle

Oreo

Origins Natural Resources

Palantir

Pampers (Procter & Gamble)

Paramount Global

Paul Weiss

PepsiCo

Perishing Square

Pfizer

Philips (66)

Pillsbury

Prescriptives

Progressive

Pringles

Puma

PVH

Raytheon

Regeneration Pharmaceuticals

Related Companies

Revlon

Ribbon

Riskified

Sabra Hummus

Sales Force

SAP

Sequoia Capital

Seyfarth Shaw

Siemens

Signal

Simons Property Group

Skydance

Snickers

SodaStream

Sony

SoulCycle

Sprite

StagWell

Starbucks

State Street

Stila Cosmetics

Subway

Sweet Green

Synovus

Tang

Tesla

Teva Pharmaceuticals

Thermo Fisher Scientific

Tieks by Gavreli

Tide

Toblerone

Tommy Hilfiger Toiletries

Tory Burch

Tribe Hummus

Troutman Pepper

Twin

UBS

United Airlines

Universal Music Group

UPS

UpWork

US Chamber of Commerce

Verizon

Victoria’s Secret

Vim

Volkswagon

Volvo

Vontier

Wall’s

Walmart

Warby Parker

Warner Brothers Discovery

Wells Fargo

Winston & Strawn

WiX

WWE

Zara

Zoff Davis

Zoom

#Talk moment #Free Palestine

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youthchronical · 4 months ago

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Comcast is exploring separation of cable networks business

Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday. During the company’s third-quarter earnings call with investors, Cavanagh said the company is exploring creating “a new, well-capitalized company owned by our shareholders and comprised of our strong portfolio of cable networks.” The possible separation would not include broadcast network NBC…

#Breaking News: Business #Business #business news #Comcast Corp #Entertainment #Media #Michael Cavanagh #Paramount Global #Walt Disney Co #Warner Bros Discovery Inc

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disneytva · 1 year ago

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The Walt Disney Company to Purchase Remaining Stake in Hulu from Comcast

The Walt Disney Company announced Yesterday that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.’s, following Comcast’s November 1 exercise of its right under the put/call arrangement between the two companies. The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives.

Under the terms of the put/call arrangement, by December 1, Disney expects it will pay NBCU approximately $8.61 billion, representing NBCU’s percentage of the $27.5 billion guaranteed floor value for Hulu that was set when the companies entered into their agreement in 2019 minus the anticipated outstanding capital call contributions payable by NBCU to Disney. Under the appraisal process agreed to by Disney and Comcast, Hulu’s equity fair value will be assessed as of September 30, 2023, and if the value is ultimately determined to be greater than the guaranteed floor value, Disney will pay NBCU its percentage of the difference between the equity fair value and the guaranteed floor value. While the timing of the appraisal process is uncertain, we anticipate it should be completed during the 2024 calendar year.

#Hulu #The Walt Disney Company #Comcast #20th Century Studios #20th Television Animation #Disney Television Studios #ABC Signature #20th Television #FX Networks #FX Productions #Searchlight Pictures

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dailyanarchistposts · 3 months ago

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Section I: Poverty and Waste (Modern)

Every efficient and wise government has at last the support of public opinion, whenever it opposes class egoism and class abuses. -- Gustav Schmoller [805]

Bristol-Myers Squibb engaged in anticompetitive acts to prevent generic pharmaceutical competition. [806] Fruit of the Loom has been moving its U.S. plants to cheaper areas, where sweatshop conditions flourish. [807] Eastman Chemical, General Electric Company, and Mitsubishi were named as three of the top 100 Corporate Criminals of the 1990’s for antitrust crimes, some of them being fined up to $26 million for their activities in destroying other businesses. [808] In 1997, General Electric Company, Johnson & Johnson, Kimberly-Clark Corp., Pfizer, and Whirlpool broke 89% of their promise to create jobs with the passage of NAFTA. [809] Mitsubishi was found guilty of an international price-fixing scheme, by increase the price of electrodes by more than 60 percent, from 1992 to 1997. [810] Eastman Chemical was found guilty of fixing the prices of a food additive between 1995 and June of 1997. [811] 3Com hid $160 million loss at its U.S. Robotics subsidiary from its investors in April to November of 1997. [812] In 1998, Fort James, Kimberly-Clark Corp, and four others conspired to fix prices on commercial paper between 1993 and 1998. [813] Comcast has systematically engaged in price discriminating, charging satellite services more for sports programs than cable companies do, trying to eliminate competing business. [814] In April of 1998, a class action suit against Knight-Rider claimed a price-fixing scheme. [815] In December of 1998, CVS has used unfair reimbursement policies against independent stores. [816] In 1999, the Government Accounting Office investigated companies for fraud and accounting irregularities. Over 900 companies were found guilty of irregular accounting, and had to restate earnings, including Aetna, BellSouth, Boise Cascade, Boston Scientific, Campbell South, Clorox, ConAgra, CVS, Dillard’s, JCPenny, Gateway, Inc., Kimberly-Clark Corp., Kmart, Kroger, Lands’ End, Limited Brands Inc., Lucent Technologies, McDonald’s, Monsanto, Pennzoil-Quaker State Company, Rite Aid, SBC Communications, Sony Corp., Texas Instruments, Tyson Fresh Meats (formerly IBP Fresh Meats Inc.), Unocal, and Warnaco. [817]

In 1999, a former CEO of Doman Industries was found guilty of insider trading. [818] Over 500 Jamaican workers were laid off by Fruit of the Loom in search of cheaper labor. [819] General Electric would transfer 1,400 jobs from the United States to Mexico, paying Mexican laborers $2 per hour, as opposed to the unionized rate of $24 per hour. [820] In January of 1999, Hasbro closed down its factory in Fairfax, Vermont, to move to China. [821] In May of 1999, Toys ‘R’ Us, with Hasbro, Mattel, and Little Tikes conspired to restrict the sale of certain toys. [822] In November of 1999, Hollywood Media Corp. conspired with Blockbuster Video to restrict independents’ access to videos. [823] In December of 1999, AutoNation closed 23 of its superstores, laying off 1,800 workers, with profits as high as $490 million. [824] Citigroup allowed laundering of over $800 million in Russian mob money through its banks in 2000. [825] Jefferson Smurfit Group closed part of its plant in Des Moines, laying off 190 union members. [826] In January of 2000, Danone’s offices in Europe were raided in an investigation of a price-fixing cartel in French beer market. [827] Jones Apparel settled a price-fixing lawsuit by agreeing to pay $34 million. [828] Time Warner Inc. was involved in price-fixing scheme with other large labels by increasing the price of music CDs from $10 to $15. [829] In early 2001, Hewlett-Packard announced it would cut 2% of its workforce world wide, about 1,800 employees. [830] In 2001, Tyco International executives were using company money for illegal and unauthorized payments, causing a financial nosedive, with 18,400 Tyco workers losing employment. [831]

In early 2001, Viacom forced independent video store operators out of business, 150 of them uniting in a class-action suit. [832] In January of 2001, DaimlerChrysler announced a three year plan where it will lay off 20% of its North American workforce, a loss of 26,000 jobs. [833] In February of 2001, Bausch & Lomb settled a lawsuit for $17.5 million where it conspired with American Optometric Association to force customers into buying replacement contact lenses through optometrists. [834] In March of 2001, New York Appeals Court upheld a lower court’s decision against Prudential Financial, for breach of contract, fraud, and deceit and improper interference with existing contractual relations. [835] In April of 2001, Amazon.com patented parts of its e-commerce operation, including the site’s “one-click purchase” ‘technology,’ — the most simple, important, and obvious idea for e-commerce. [836] In April of 2001, Bristol-Myers Squibb tried to stop other companies from selling low-cost generic versions of its drugs. [837] In May of 2001, Johns & Johnson paid $60 to settle an antitrust case, in which it conspired with other companies to refuse to sell contact lenses through alternative channels, which offer lower prices. [838] In May of 2001, PG&E Corp. gouged consumers in the Boston Area by increasing electricity prices during power shortages. [839] In June of 2001, Schering-Plough, Wyeth Corporation, and one other corporation conspired to keep cheap generic drugs off the market. [840] Time Warner Inc. refuses to broadcast ads on its television channels to its digital subscriber line, engaging in anti-competitive activity. [841] In July of 2001, St. Laurent Paperboard Inc. purchased Smurfit-Stone Container Company, closing five of its paper mills. [842] In August of 2001, CVS submitted false prescription claims to government health insurance programs. [843] Sony Corp. has pressured retailers to sell video games at fixed prices. [844] Wal-Mart was selling some items below cost to drive out competitors in Wisconsin. [845]

In October of 2001, Barnes & Noble and Borders secured cheaper prices and preferential treatment from publishers, an antitrust activity. [846] DaimlerChrysler was fined $65.5 million for violating competition rules by restricting sales of its Mercedes cars in Europe. [847] Wyeth Corporation maintained a monopoly by requiring health plans and pharmacy benefit managers to sign exclusive contracts. for its pharmaceutical drugs. [848] In December of 2001, Ernor laid off 25% of its staff, about 5,100 people. [849] In 2002, Hasbro was fined $7.9 million for price fixing on toys and games. [850] Kmart was named as having one of the worst corporate boards by 2002 BusinessWeek, for multiple investigations into its accounting irregularities and irregular pay practices. [851] Four ex-Rite Aid executives were indicted for inflating the company’s profits while understating losses, causing stock to soar. [852] Schering-Plough was under investigation for price fixing and criminal investigation because its ingredients were not FDA-approved. [853] In March of 2002, Disney destroyed massive amounts of documents, hundreds of boxes, that would have revealed Disney’s practices of withholding royalties from innovators. [854] In April of 2002, Du Pont cut over 2,000 jobs, mostly in the US. [855] Levi Strauss announced its intention to close six U.S. manufacturing plants, affecting 3,300 workers. [856] Monsanto said it was closing one of its plants and cutting five percent of its workforce. [857] In 2002 of May, America Online cut off access to other internet service providers from its own customers. [858]

In June of 2002, WorldCom was found to being covering up $1.22 billion in loses through improper accounting. [859] Xerox restated five years of results when it was found to be inflating results and defrauding investors. [860] In July of 2002, Viacom used improper accounting to boost income by $118 million. [861] In August of 2002, Michael Kopper of Enron was found to be withholding $12 million that was obtained through fraudulent Enron transactions. With others, it totaled $23 million. Thirty other companies had to forfeit money to investors and employees. [862] In September of 2002, Du Pont paid $44.5 million to settle allegations that it blocked competing drug manufacturers. [863] Tyco International issued a report with the Securities and Exchange Commission, detailing “illegal activity by former management that included nearly $100 million in unauthorized payments to dozens of Tyco employees at various levels.” [864] In October of 2002, Gap was awarded the title of having one of the worst corporate boards, cited for inside deals and other failures. [865] Qwest Communications would take a write-down of $40.8 billion, due to irregular accounting. [866] Time Warner was one of five record companies to pay $67.3 million for price-fixing. [867] In November of 2002, Gateway was investigated and found to using insider trading and wasteful spending on executive severance pay. [868] In June of 2000, a judge found Microsoft Corporation guilty of illegal business practices that push out competition and harm consumers. AOL Time Warner sued Microsoft Corporation for anti-competitive actions. Microsoft influenced international government officials from using open-source software, including Peru and India. In March of 2002, Sun Microsystems filed a private antitrust suit against Microsoft. In May of 2003, Microsoft paid $750 million in an antitrust case. In July of 2003, a judge approved of a $1.1 billion settlement between Microsoft and California consumers. Microsoft paid $23.5 million to the defunct software company Be Inc. in an antitrust case. Microsoft was sued in October of 2003 for predatory practices to protect its monopoly. In December of 2003, European Union held hearings in its antitrust proceedings against Microsoft. Seattle-based company RealNetworks filed a $1 billion antitrust suit against Microsoft in December of 2003. [869]

In 2000 and 2001, Qwest inflated the company’s revenues by $144 million. [870] In March of 2003, a jury found 3M guilty of using monopoly powers over big retails to destroy competition. [871] In March of 2003, Bristol-Myers announced the restatement of its previously issued financial statements between 1997 and 2001, and part of 2002, reducing their earnings by almost half. [872] In March of 20034, Halliburton was given a contract to Iraq without a bidding process. [873] In March of 2003, Lucent settled lawsuits by its shareholders for about $600 million, for misleading investors. The Export-Import Bank of the US is providing funding to Lucent Technologies for outsourcing to China, Mexico, and Vietnam. Lucent was also cited for overpaying its board. [874] In March of 2003, PepsiCo was found using unfair trading practices against competitors. [875] In April of 2003, Time Warner Inc. was sued for using “tricks, contrivances and bogus transactions” to inflate its stock and help top executives gain almost $1 billion in inside trading. [876] In May of 2003, the Securities and Exchange Commission filed charges against Enron with violating antifraud provisions and reaping more than $150 million in unlawful profits. [877] In June of 2003, two former vice presidents of Kmart were charged with securities fraud, making false statements to the SEC, and conspiracy to commit those offenses. [878] In July of 2003, the SEC announced that Citigroup and J.P. Morgan agreed to pay $236 million to settle charges that they helped Enron manipulate books to appear financially healthy. [879] In July of 2003, Kodak announced plans to cut between 4,500 and 6,000 jobs. [880]

In August of 2003, Bank of America and nine other US banks moved more than $17 billion into investment funds to shelter hundreds of millions of dollars from taxes. [881] In August of 2003, AOL Time Warner executives were found to use accounting irregularities, by overstating their revenue by at least $1.7 billion. [882] In September of 2003, Coca-Cola sought dismal of a $44.4 million lawsuit, filed by a former finance director who was fired for revealing alleged fraud and other wrongdoing in the company. Coca-Cola also made a decision to cut 1,000 jobs in North America. [883] In September of 2003, Enron’s former treasurer pleaded guilty to a federal conspiracy charge, becoming the first executive sentence to prison. [884] Levi Strauss & Co. announced that it would close its North American manufacturing plants, laying off almost 2,000 workers. [885] Coca-Cola violated a contract with Iranian soft drinks counterpart, and was levied $7.15 million against the company. [886] In October of 2003, a former manager for Tricon’s business analyst was indicted for insider trader. [887] In December of 2003, Hasbro announced plans to close a chain of stores. [888] In January of 2003, a former finance executive of Computer Associates admitted to lying to federal prosecutors, FBI agents, and members of the SEC during an investigation. He was aware of accounting irregularities. [889] An Enron former top accountant surrendered to FBI to face six federal fraud charges related to the company’s collapse. [890] Another employee of Enron, former Chief Financial Officer, pleaded guilty to two counts of fraud, that caused the company to collapse. [891] Disney is one of several media companies outsourcing jobs in information technologies and back-office operations to India. [892] In April of 2004, Gateway announced closing 188 retail stores and laying off 2,500 workers. [893]

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spotlightstory · 6 months ago

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The Big Media Conglomerates

“media” in this context does not refer just to news outlets — it refers to any medium that controls the distribution of information. So here, “media” includes 24-hour news stations, newspapers, publishing houses, Internet utilities, and even video game developers.

Globally, large media conglomerates include Bertelsmann, National Amusements(Paramount Global), Sony Group Corporation, News Corp, Comcast, The Walt Disney Company, Warner Bros. Discovery, Fox Corporation, Hearst Communications, Amazon (Amazon MGM Studios), Grupo Globo (South America), and Lagardère Group.[4][5][6]

As of 2022, the largest media conglomerates in terms of revenue are Comcast NBCUniversal, The Walt Disney Company, Warner Bros. Discovery, and Paramount Global.

The 6 Companies That Own (Almost) All Media [INFOGRAPHIC] circa 2016? Recent mergers since these infographics were created. Still, interesting.

#economics #fascisim #working poor #us healthcare #corporate media #Big 6 #media conglomerates #who owns the media #echo chamber

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samueldays · 1 year ago

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Journalism delenda est

Media Matters pretends it's not a journalism outlet, it's a "media watchdog", a kind of meta-journalist keeping other journalists honest. It's apparently been caught doing journalism (derogatory), slandering, fabricating a story, and being dishonest as usual for journalists.

This is from the lawsuit recently filed as X Corp (Twitter) vs. Media Matters for America, in which Twitter's lawyer makes some fascinating allegations of MM misbehavior. Not proven yet, so take this with a grain of salt, but the highly specific charges look to me like the sort of thing a one is unlikely to file in court unless one has already accumulated the evidence from reading user logs.

TL;DR: it is alleged that Media Matters created an account which followed (for example) IBM and Neo-Nazis, then lied to IBM "Twitter is associating your content with Neo-Nazis" when in fact Media Matters was the one creating that association.

Media Matters then exclusively followed a small subset of users consisting entirely of accounts in one of two categories: those known to produce extreme, fringe content, and accounts owned by X’s big-name advertisers. The end result was a feed precision-designed by Media Matters for a single purpose: to produce side-by-side ad/content placements that it could screenshot in an effort to alienate advertisers.

It goes on like this.

But this activity still was not enough to create the pairings of advertisements and content that Media Matters aimed to produce. Media Matters therefore resorted to endlessly scrolling and refreshing its unrepresentative, hand-selected feed, [...] until it finally received pages containing the result it wanted: controversial content next to X’s largest advertisers’ paid posts.

Community Notes on X is one of the best things to happen to fact-checking lately. How do "media watchdogs" react? By staging a lie to ruin X.

The truth bore no resemblance to Media Matters’ narrative. In fact, IBM’s, Comcast’s, and Oracle’s paid posts appeared alongside the fringe content cited by Media Matters for only one viewer (out of more than 500 million) on all of X: Media Matters. Not a single authentic user of the X platform saw IBM’s, Comcast’s, or Oracle’s ads next to that content, which Media Matters achieved only through its manipulation of X’s algorithms as described above.

Bold in original.

#all #journalism delenda est #twitter

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