The B&C 25 Media Groups
Compiled by Kim McAvoy -- Broadcasting & Cable, 5/12/2003
Economic uncertainty, corporate scandals, and the large issues of war and peace may have wreaked havoc on Wall Street, but it did little to alter the B&C 25 (formerly the Top 25 Media Groups).
Still firmly at the top is AOL Time Warner, despite its on-going financial struggles. Its $41 million in Revenue dwarfs even that of notable media players Disney ($25.3 billion) and Viacom ($24.6 billion).
News Corp., which is trying to convince Washington that it is not too big to acquire control of No. 9 Hughes Electronics and its DirecTV, landed at No. 7.
The B&C 25 includes only companies with significant TV or radio interests in the U.S. and ranks them by their media and entertainment Revenue in fiscal 2002, which, for most, ended with the calendar year.
The biggest mover of the list was Vivendi Universal. It dropped from No. 2 last year to No. 6. But that was because we are reporting only its media and entertainment Revenue this year. Last year, we included returns from its telecommunications and utility holdings. (Vivendi Universal may drop from the ranking entirely next year. It wants to divest its media holdings.)
| Rank | |||
| '03 | '02 | Company | '02 Rev ($b) |
| 1 | 1 | AOL Time Warner | 41.0 |
| 2 | 3 | Walt Disney | 25.3 |
| 3 | 4 | Viacom | 24.6 |
| 4 | 5 | Comcast | 21.1 |
| 5 | 6 | Sony | 20.0 |
| 6 | 2 | Vivendi Universal | 19.7 |
| 7 | 7 | News Corp. | 15.2 |
| 8 | 9 | Cox Enterprises | 9.9 |
| 9 | 8 | Hughes Electronics | 8.9 |
| 10 | 10 | Clear Channel | 8.4 |
| 11 | 12 | NBC | 7.1 |
| 12 | 1 | Gannett | 6.4 |
| 13 | 13 | Tribune | 5.4 |
| 14 | 16 | Hearst | 5.2 |
| 15 | 18 | EchoStar | 4.8 |
| 16 | 14 | McGraw-Hill | 4.7 |
| 17 | NR | USA Interactive | 4.6 |
| 18 | 16 | Charter | 4.5 |
| 19 | 15 | Cablevision | 4.0 |
| 20 | 19 | Adelphia | 3.4 |
| 21 | 20 | New York Times | 3.1 |
| 22 | 21 | Washington Post | 2.6 |
| 23 | NR | Liberty Media | 2.1 |
| 24 | 22 | Discovery | 1.7 |
| 25 | 23 | E.W. Scripps | 1.5 |
| NR=Not ranked last year |
|||
1 AOL Time Warner
New York
(NYSE: AOL)
Rank last year: 1
Top Executive: Richard D. Parsons, CEO/chairman-elect
Revenue: $41.0 billion
Operating cash flow: $8.7 billion
Operating income: –$40 billion
52-week high: $20.70
52-week low: $8.70
Broadcasting: The WB Television Network (Tribune owns 22%); Warner Bros. Television; Telepictures Productions
Cable Systems: Time Warner Cable serves roughly10.8 million subscribers
Cable Programming: HBO and Cinemax (including HBO2, HBO Signature, HBO Family, HBO Comedy, HBO Zone, HBO Latino, MoreMAX, ActionMAX, ThrillerMAX, WMAX), HBO Independent Productions, HBO Downtown Productions, HBO joint ventures in more than 50 countries; Comedy Central (AOLTW is selling its 50% stake to Viacom); Court TV; Turner Broadcasting System: TBS Superstation, Turner Network Television, Cartoon Network, Turner Classic Movies, Turner South, Boomerang, TCM Europe, Cartoon Network Europe, TNT Latin America, Cartoon Network Latin America, TCM & Cartoon Network Asia Pacific, CNN/U.S., CNN Headline News, CNNRadio Notocias, CNN Newsource, CNN.com, CNNMoney.com, CNN Student News, CNNSI.com; CNN International, CNNfn, CNN en Español, CNN Airport Network, CNNRadio; joint ventures: Cartoon Network Japan, CETV, NBCTurner NASCAR RACES, CNN+, Viva+
Internet: America Online (AOL): AOL Service; AOL Anywhere; AOL International (including AOL Latin America, AOL Germany, AOL France, AOL Canada); Compuserve; ICQ; MapQuest; Moviefone; Netscape; AOL Music; AOL Local; AOL Instant Messenger; AOL Broadband
Filmed Entertainment: Warner Bros. Pictures; New Line Cinema (including New Line Features, New Line Home Entertainment, New Line New Media, New Line Television, New Line Distribution, New Line Merchandising/Licensing, New Line Music); Castle Rock Entertainment; Warner Bros. International Theatres; Warner Bros. Online; Warner Bros. Animation (Looney Tunes); Hanna-Barbera; D.C. Comics; MAD magazine
Video: Warner Home Video
Music: Warner Music Group: The Atlantic Recording Corp.; Elektra Entertainment Group; Warner Bros. Records; Warner/Chappell Music Inc.; Warner Bros. Publications; Alternative Distribution Alliance; Giant Merchandising; Warner Music International; Warner Music Latina; Warner Strategic Marketing Inc.; Rhino Entertainment; Warner Commercial Marketing; Warner Special Products; WMG Soundtracks; WEA Manufacturing
Publishing: AOL Time Warner Book Group: Little, Brown & Co., Adult Trade Books, Warner Books, Little, Brown & Co. Children's Publishing, Bulfinch Press, Warner Faith, Time Warner Audio Books, Time Warner Books UK; Time Inc. publishes roughly 140 magazines including Time, People, Sports Illustrated and Fortune; IPC (British magazine publisher); Synapse (magazine subscription agent)
Sports Franchises: Atlanta Braves; Atlanta Hawks; Atlanta Thrashers; Turner Field; Philips Arena (AOLTW plans to sell teams.)
Retail and Consumer Products: Warner Bros. Consumer Products
2 The Walt Disney Co.
Burbank, Calif.
(NYSE: DIS)
Rank last year: 3
Top Executives: Michael Eisner, chairman/CEO; Robert Iger, president/COO
Revenue: $25.3 billion
Operating cash flow: $2.3 billion
Operating income: $2.8 billion
52-week high: $24.98
52-week low: $13.48
Broadcasting: ABC Television Network, ABC Radio, Radio Disney and ESPN Radio Networks; 10 ABC owned-and-operated TV stations; 70 radio stations; Touchstone Television (the network's television production group); Buena Vista Productions (first-run syndication); Walt Disney Television Animation
Cable Programming: Disney Channel, Disney Channel International, Toon Disney, ABC Family, SOAPnet, Fox Kids International; 80% of ESPN, 50% of Lifetime Television (joint partner with Hearst Corp.), 39.5% of E! Entertainment Television and A&E Television Networks (joint venture with NBC and Hearst).
Internet: ABC Internet Operations and Walt Disney Internet Group, including Disney.com, ABC.com, ABCNews.com, ESPN.com, and DisneyStore.com
Filmed entertainment: Walt Disney Pictures, Touchstone Pictures, Hollywood Pictures, Miramax; Dimension Films; production studios: Buena Vista Motion Picture Group, Buena Vista International; Buena Vista Theatrical Group
Video: Buena Vista Home Entertainment
Music: Buena Vista Music Group
Theme Parks and Resorts: Walt Disney World Resort in Florida and Walt Disney World Resort in California; Disney Cruise Line; company receives royalties generated on Revenue from Tokyo Disneyland Resort and royalties and management fees from Disneyland Resort Paris; it markets interest in Disney Vacation Club and operates eight ESPN Zone sports-themed restaurants and entertainment operations.
Sports franchises: Anaheim Angels; Mighty Ducks; (Disney has agreed to sell Angels for an estimated $180 million to Phoenix businessman Arturo Moreno)
Retail and Consumer Products: Disney Stores; Disney Catalog
3 Viacom
New York
(NYSE: VIA)
Rank last year: 4
Top Executives: Sumner M. Redstone, chairman/CEO; Mel Karmazin, president/COO
Revenue: $24.6 billion
Operating cash flow: $5.5 billion
Operating income: $4.6 billion
52-week high: $50.90
52-week low: $29.79
Broadcasting: CBS Television Network and United Paramount Network (UPN); Viacom Television Stations Group: 39 stations (16 owned-and-operated CBS stations, four CBS satellite stations, 18 UPN-affiliated stations and one independent); CBS Enterprises (King World Productions and CBS Broadcast International); Infinity Broadcasting (operates more than 180 radio stations); equity position in Westwood One (radio syndicator); Viacom Outdoor (outdoor advertising unit and part of Infinity); Paramount Television (provides programming for broadcast, first-run syndication and cable markets) including Big Ticket Television, Paramount Domestic Television, Paramount International Television, Paramount Network Television, Spelling Television and Viacom Productions
Cable Programming: MTV Networks (MTV: Music Television, Nickelodeon, VH1, The New TNN, MTV2, Nick at Nite, TV Land, CMT, The Digital Suite from MTV Networks); Showtime Networks Inc. (including Showtime, The Movie Channel and FLIX; also operates and manages Sundance Channel, which it co-owns with Robert Redford and Universal Studios); BET (including BET on Jazz, BET Books, BET Pictures [produces made-for-TV movies and documentaries] and BET.com; Comedy Central (Viacom has 50% interest and is spending $1.2 billion to purchase AOL Time Warner's 50% stake in network)
Internet: MTV.com; CBS.com and CBSNews.com; Nickelodeon.com (Nick.com, Nickjr.com. nick-at-nite.com, tvland.com, teachers.nick.com and gas.nick.com); VH1.com
Filmed entertainment: Paramount Home Entertainment; United International Pictures (Viacom has 33% interest in company, which handles film distribution outside U.S. and Canada); Famous Players (Toronto-based theatrical exhibitor); United Cinemas International
Video: Blockbuster
Music: Famous Music Publishing
Publishing: Simon & Schuster
Theme Parks and Resorts: Paramount Parks
4 Comcast
Philadelphia
(NASDAQ: CMCSA, CMCSK
Rank last year: 5
Top Executive: Brian L. Roberts, president/CEO
Revenue: $21.1 billion
Operating cash flow: $5.8 billion
Operating income: $583 million
52-week high: $31.14
52-week low: $16.40
Cable Systems: Comcast Cable Communications serves 21.3 million subscribers (includes completed acquisition of AT&T Broadband systems); Comcast Digital Cable; Comcast High-Speed Internet Service
Cable Programming: QVC; Comcast SportsNet; E! Entertainment Television and Style; The Golf Channel; Outdoor Life Network; G4; New England Cable News
Internet: E! Online
Sports Franchises: Comcast-Spectacor (majority ownership of Philadelphia Flyers and 76ers)
5 Sony Corp.
Tokyo
(NYSE: SNE)
Rank last year: 6
Top Executives: Nobuyuki Idei, chairman/group CEO, Sony Corp.; Howard Stringer, vice chairman, Sony Corp., and chairman/CEO, Sony Corp. of America Media/Entertainment
Revenue: $20.0 billion
Operating cash flow: Not available
Operating income: $1.43 billion
52-week high: $59.95
52-week low: $31.42
Television Programming: Sony Pictures Television; Sony Pictures Television International; Game Show Network (partnership with Liberty Media)
Filmed Entertainment: Columbia Pictures; Screen Gems; TriStar; Sony Pictures Classics; Sony Pictures Animation; Sony Pictures Imageworks
Internet: Sony Online Entertainment; Sony Pictures Digital Networks: SoapCity, Screenblast and SPIN; Movielink; pressplay
Video: Columbia TriStar Home Entertainment
Music: Sony Music: Columbia Records, Epic Records, Crescent Moon Records, Sony Wonder, Legacy Recordings; Sony Music International; Sony Classical; Sony/ATV Music Publishing; Sony Disc Manufacturing
6 Vivendi Universal
Paris
(NYSE: V)
Rank last year: 2
Top Executives: Jean-René Fourtou, chairman/CEO; Edgar Bronfman Jr., executive vice chairman
Revenue: $19.7 billion
Operating cash flow: $1.89 billion
Operating income: $1.37 billion
52-week high: $33.20
52-week low: $8.90
Broadcasting: Universal Television
Cable Programming: USA Networks; Sci Fi Channel; Newsworld International; Trio
Internet: Vivendi Universal Net (MP3.com, Emusic, RollingStones.com, Education.com)
Filmed entertainment: Universal Studios; Universal Pictures
Video: Universal Studios Home Video; Vivendi Universal Games
Music: Universal Music Group
Theme Parks and Resorts: Universal Studios Recreation Group (with theme parks in U.S., Europe and Japan)
7 News Corp.
Sydney, Australia
(NYSE: NWS, FOX)
Rank last year: 7
Top Executives: Rupert Murdoch, chairman/CEO; Mitchell Stern, chairman, Fox TV Stations
Revenue: $15.2 billion
Operating cash flow: $2.24 billion
Operating income: $1.9 billion
52-week high: $30.89
52-week low: $17.60
Broadcasting: 37 TV stations (26 Fox affiliates, 10 UPN affiliates and one independent); Fox Television Network; Fox Entertainment Group (80.6% owned by News Corp., includes Fox Television Studios, 20th Century Fox Television, Twentieth Television)
Cable Programming: Fox Movie Channel; Fox News Channel; FX; majority ownership of Speed Channel; FoxSports Networks; National Geographic Channel
Satellite: Hughes Electronics: DirecTV, DirecTV Latin America; Hughes Network Systems and PanAmSat (News Corp. agreed last month to pay $6.6 billion for 34% of Hughes stock); various other satellite operations in Europe, Asia, Australia and Latin America
Internet: Fox.com
Filmed entertainment: 20th Century Fox; 20th Century Fox Español; 20th Century Fox International; Fox Searchlight Pictures; Fox Studios Australia; Fox Studios Baja; Fox Studios LA
Video: 20th Century Fox Home Entertainment; Fox Interactive
Music: Fox Music and Music Publishing; Festival Records; Mushroom Records
Publishing: HarperCollins Publishers; Gemstar-TV Guide; more than 175 newspapers, including New York Post, Weekly Standard, The Sun, The Sunday Times
Sports Franchises: Los Angeles Dodgers; 40% of Madison Square Garden Entertainment Complex (Radio City Music Hall, New York Knicks and New York Rangers)
8 Cox Enterprises
Atlanta
(Privately held)
Rank last year: 9
Top Executives: James C. Kennedy, chairman; Jim Robbins, president/CEO, Cox Communications; Andrew Fisher, Cox Television
Revenue: $9.9 billion
Operating cash flow: $2.8 million
Operating income: $1.2 million
Broadcasting: Cox Television: 15 stations (three NBC, three ABC, three Fox, one UPN and two CBS affiliates, three independents); Cox Radio: 78 stations; iBlast
Cable Systems: Cox Communications provides cable service to 6.3 million subscribers; Cox Digital Cable; Cox Digital Telephone; Cox High Speed Internet
Cable Programming: Discovery Communications (24.9%), Music Choice (13.6%), In Demand (11.1%)
Publishing: Cox Newspapers: 17 dailies including Atlanta Journal-Constitution; 25 non-dailies
9 Hughes Electronics
Subsidiary of General Motors Corp.
El Segundo, Calif.
(NYSE: GMH)
Rank last year: 8
Top Executive: Eddy W. Hartenstein, senior executive VP, Hughes; chairman, DirecTV (once deal with News Corp. closes, Hartenstein becomes vice chairman of Hughes)
Revenue: $8.9 billion
Operating cash flow: $672.4 million
Operating income: $394.7 million
52-week high: $15.30
52-week low: $8.00
Satellite: DirecTV (11.2 million subscribers ); PanAmSat; DirecTV Latin America; Hughes Network Systems; (News Corp., is spending $6.6 billion for a 34% stake in Hughes, Fox Entertainment will run DirecTV)
10 Clear Channel
San Antonio
(NYSE: CCU)
Rank last year: 10
Top Executives: Lowry Mays, chairman/CEO; Mark Mays, president/COO
Revenue: $8.4 billion
Operating cash flow: $2.2 billion
Operating income: $1.6 billion
52-week high: $53.97
52-week low: $20.00
Broadcasting: Television: 36 stations (seven NBC, seven ABC, seven CBS, eight Fox, five UPN affiliates and two independents); Clear Channel Communications News Networks; radio: 1,224 stations; Premiere Radio Networks (syndication); Clear Channel Radio Sales; Katz Media Group
Programming: Clear Channel Entertainment Television
Publishing: The Network Magazine Group; Inside Radio
Other: Clear Channel Outdoor; Clear Channel Entertainment (produces and markets live entertainment events); SFX Sports (talent-management and -marketing agency)
11 NBC
Subsidiary of General Electric
New York
(NYSE: GE)
Rank last year: 12
Top Executives: Bob Wright, chairman/CEO; Randy Falco, group president, NBC Television Network; Jay Ireland, president, NBC TV Stations
Revenue: $7.1 billion
Operating cash flow: Not available
Operating income: $1.7 billion
52-week high: $33.45
52-week low: $21.30
Broadcasting: 29 TV stations (14 NBC affiliates, 14 Telemundo stations and one independent); 32.5% of Paxson Communications; NBC TV Network; Spanish-language Telemundo network; NBC Enterprises(syndicated programming); NBC Entertainment, NBC Studios (produces programming for NBC Network)
Cable Programming: Bravo; CNBC; CNBC World; MSNBC (with Microsoft Inc.); mun2 and Telemundo; 15% of ShopNBC; interests in A&E TV Networks (joint venture with ABC and Hearst-Argyle), History Channel and National Geographic Channels International
Internet: NBC.com; MSNBC.com
12 Gannett
Arlington, Va.
(NYSE: GCI)
Rank last year: 11
Top Executives: Douglas H. McCorkindale, chairman, president/CEO; Craig Dubow, president/CEO, Gannett Broadcasting
Revenue: $6.4 billion
Operating cash flow: $2.1 billion
Operating income: $1.9 billion
52-week high: $62.76
52-week low: $79.35
Broadcasting: 22 TV stations (six CBS, three ABC, and 13 NBC affiliates)
Internet: usatoday.com and more than 100 Web sites linked to TV and newspapers
Publishing: 94 daily U.S. newspapers, including USA Today; more than 400 non-daily publications; USAWeekend; Newsquest
13 Tribune Co.
Chicago
(NYSE: TRB)
Rank last year: 13
Top Executives: John Madigan, chairman; Dennis FitzSimons, president/CEO
Revenue: $5.4 billion
Operating cash flow: $1.5 billion
Operating income: $1.3 billion
52-week high: $49.98
52-week low: $35.66
Broadcasting: Television: 27 stations (one ABC, 20 WB and six Fox affiliates); WB Television Network (22%); Tribune Entertainment (first-run and syndicated television business); radio: WGN(AM) Chicago; iBlast(25%)
Cable Programming: Superstation WGN; TV Food Network (31%); Golf Channel (9%); all-news Chicagoland TV
Internet: Tribune Interactive manages Web sites for daily newspapers and TV stations; Legacy.com (40%); CareerBuilder (37%); Apartments.com; Cars. com; Zap2It.com; BrassRing.com (27%)
Publishing: 12 major newspapers, including Chicago Tribune, Los Angeles Times, Baltimore Sun, The Hartford Courant, Orlando Sentinel and Newsday; various Spanish-language newspapers (including Hoy [New York]) and !Exito! [Chicago]); Chicago magazine; Williamsburg magazine.
Sports Franchises: Chicago Cubs and Wrigley Field
14 The Hearst Corp.
New York
(Privately held)
Rank last year: 16
Top Executives: Victor Ganzi, president/CEO; David J. Barrett, president/CEO, Hearst-Argyle Television
Revenue: $5.2 billion
Operating cash flow: Not available
Operating income: Not available
Broadcasting: Hearst-Argyle Television (66% owner): 34 stations (one UPN, two WB, one CBS, 11 NBC, 18 ABC affiliates and one independent); radio: WBAL(AM) and WIYY-FM Baltimore; syndication partner with NBC Enterprises; Hearst Entertainment
Cable Programming: 50% of Lifetime Entertainment Services, including Lifetime Television, Lifetime Movie Network, Lifetime Real Women (joint partner with Walt Disney); New England Cable News (partnership with Comcast); 20% of ESPN; A&E Television Networks, including A&E Network, History Channel, Biography Channel and History Channel International (joint venture with NBC and ABC)
Publishing: 12 dailies, including San Francisco Chronicle, Houston Chronicle, Seattle Post-Intelligencer; monthly consumer magazines, including Esquire, Town & Country, Good Housekeeping, Oprah, Cosmopolitan; King Features Syndicate
15 EchoStar
Littleton, Colo.
(Nasdaq: DISH)
Rank last year: 18
Top Executive: Charles Ergen, chairman/CEO
Revenue: $4.8 billion
Operating cash flow: $806 million
Operating income: $421.3 million
52-week high: $32.15
52-week low: $13.41
Satellite: DISH Network (8.18 million subscribers); EchoStar Technologies Corp.
16 McGraw-Hill
New York
(NYSE: MHP)
Rank last year: 14
Top Executive: Harold McGraw III, chairman/president/CEO
Revenue: $4.7 billion
Operating cash flow: $1.1 billion
Operating income: $1 billion
52-week high: $68.00
52-week low: $50.71
Broadcasting: four ABC-affiliated TV stations: KMGH-TV Denver, KGTV (TV) San Diego, KERO-TV Bakersfield, Calif., and WRTV(TV) Indianapolis
Internet: Business Week Online
Publishing: McGraw-Hill Education; Aviation Week, BusinessWeek
17 USA Interactive
New York
(Nasdaq: USAI)
Rank last year: NR
Top Executive: Barry Diller, chairman/CEO
Revenue: $4.6 billion
Operating cash flow: $545.2 million
Operating income: $150 million
52-week high: $35.00
52-week low: $15.31
Television Progamming: Home Shopping Network, America's Store, Home Shopping en Español (HSE)— carried on cable, broadcast TV or satellite; Home Shopping Europe; TV Travel Group
Internet: HSN.com; citysearch.com; Match.com; Ticketmaster.com; Expedia; Hotels.com; evite.com; Styleclick
Other: Ticketmaster; Expedia; Precision Response Corp.; Electronic Commerce Solutions
18 Charter
St. Louis
(NASDAQ: CHTR)
Rank last year: 16
Top Executives: Paul Allen, chairman; Carl Vogel, president/CEO
Revenue: $4.5 billion
Operating cash flow: $1.8 billion
Operating income: –$4.28 billion
52-week high: $9.03
52-week low: $0.76
Cable Systems: Charter Communications has 7 million subscribers (services include digital cable, high-speed internet, pay-per-view, interactive TV and telephony)
Other: Charter Business Networks (offers high-speed data, voice and internet services)
19 Cablevision
Bethpage, N.Y.
(NYSE: CVC, RMG)
Rank last year: 15
Top Executives: Charles Dolan, chairman; James Dolan, president/CEO
Revenue: $4.0 billion
Operating cash flow: $1.04 billion
Operating income: $68 million
52-week high: $27.17
52-week low: $4.67
Cable Systems: Cablevision Systems serves 3 million subscribers; iO: Interactive Optimum (digital products and services); Optimum Online (high-speed Internet access)
Cable Programming: Rainbow Media Holdings: AMC; The Independent Film Channel; WE: Women's Entertainment; MuchMusic USA; Fox Sports Net (50%); MSG Network and Fox Sports Net New York; MetroChannels; News 12 Networks; five regional sports networks outside New York market; MagRack (video-on-demand service offering original programming)
Sports Franchises: New York Knicks; New York Rangers; WNBA Liberty
20 Adelphia
Denver
(OTC: ADELQ.PK)
Rank last year: 19
Top Executives: William T Schleyer, chairman/CEO; Ron Cooper, president/COO
Revenue: $3.4 billion
Operating cash flow: $1.1 billion
Operating income: $871.4 million
52-week high: 80 cents
52-week low: 15 cents
Cable Systems: serves 5.8 million subscribers; Adelphia Digital Cable; Adelphia Power Link (high-speed internet access)
21 New York Times
New York
NYSE: NYT
Rank last year: 20
Top Executives: Russell T. Lewis, president/CEO, The New York Times Co.; Cynthia Augustine, president, The New York Times Co. Broadcast Group
Revenue: $3.1 billion
Operating cash flow: $685 million
Operating income: $545 million
52-week high: $53.00
52-week low: $38.60
Broadcasting: Television: eight stations (four CBS, two NBC and two ABC affiliates); radio stations: WQXR(FM) and WQEW(AM) both New York
Cable Programming: Discovery Times Channel (joint venture with Discovery Communications)
Internet: more than 40 Web sites, including NYTimes.com and Boston.com
Publishing: Newspapers: New York Times, Boston Globe, International Herald Tribune and 16 others
Sports Franchises: Minority investor in New England Sports Ventures (owner of Boston Red Sox, Fenway Park and 80% of New England Sports Network)
22 The Washington Post
Washington
(NYSE: WPO)
Rank last year: 21
Top Executives: Donald Graham, chairman/CEO; Alan Frank, president, Post-Newsweek Stations; Thomas O. Might, president/CEO, Cable One
Revenue: $2.6 billion
Operating cash flow: $497.5 million
Operating income: $377.6 million
52-week high: $764.00
52-week low: $516.00
Broadcasting: Post-Newsweek Stations: six TV stations (one CBS, two ABC, two NBC affiliates and one independent); iBlast
Cable: Cable One has more than 700 subscribers
Internet: Washingtonpost.Newsweek Interactive: washingtonpost.com; Newsweek.mmsnbc.com; stake in BrassRing
Publishing: The Washington Post; Newsweek; Teen Newsweek; The Herald; The Gazette; The Washington Post National Weekly Edition; The Washington Post Writers Group; Post Newsweek Tech Media Group; several community and military newspapers; Arthur Frommer's Budget Travel
23 Liberty Media
Englewood, Colo.
(NYSE: L)
Rank last year: Not ranked
Top Executives: John Malone, chairman; Robert Bennett, president/CEO
Revenue: $2.1 billion
Operating cash flow: $200 million
Operating income: –$184 million
52-week high: $12.52
52-week low: $6.16
Programming: AOL Time Warner (4%); News Corp. (18%); Vivendi Universal (3%); USA Interactive (20%); Viacom (1%); Starz Encore (100%); Discovery Communications (50%); Court TV (50%); E! Entertainment Television (10%); stake in ABC Family; Game Show Network (50%); QVC (42%); QVC–The Shopping Channel (UK) (34%); International Channel (90%); MacNeil/Lehrer Productions (67%); Jupiter Programming (50%); Corus Entertainment (18%); Crown Media (13%); Pramer S.C.A. (Argentina) (100%); Premium Movie Partnership (Australia) (20%)
Satellite: Liberty Satellite & Technology (87%); Hughes Electronics (1%); Sky Latin America (9%); XM Satellite Radio (1%); Wildblue Communications (13%); On Command Corp. (70%); Astrolink International (27%); Aerocast.com (39%)
Internet: ACTV (16%); Ascent Media Group (94%); OpenTV Corp. (46%); priceline.com (1%)
24 Discovery
Silver Spring, Md.
(Privately held)
Rank last year: 22
Top Executives: John S. Hendricks, chairman/CEO; Judith A. McHale, president/CEO (Liberty Media controls 49% of Discovery, with Cox Communications, Advance/Newhouse and John Hendricks holding stakes)
Revenue: $1.7 billion
Operating cash flow: $379 million
Operating income: NA
Cable Programming: Discovery Channel; TLC; Animal Planet; Travel Channel; Health Channel, Discovery Kids; BBC America; Discovery's digital networks: The Science Channel, Discovery Times Channel (partnership with New York Times Co.), Discovery Home & Leisure Channel, Discovery Wings Channel and Discovery en Español; Discovery Networks International
Internet: Discovery.com; Discoveryschool.com
Other: Discovery HD Theater; Discovery on Demand; Discovery School Video Library; Discovery Satellite Radio
25 E.W. Scripps Co.
Cincinnati
(NYSE: SSP)
Rank last year: 23
Top Executives: William Burleigh, chairman; Ken Lowe, president/CEO-COO; John F. Lansing, senior vice president, broadcast
Revenue: $1.5 billion
Operating cash flow: $480.8 million
Operating income: $418 million
52-week high: $83.64
52-week low: $65.13
Broadcasting: 10 TV stations (six ABC and three NBC affiliates, one independent)
Cable Programming: Home & Garden Television (HGTV); Food Network; Fine Living; DIY (Do It Yourself Network); Fox Sports Net South (12%); Shop At Home Network (70%)
Internet: foodtv.com; hgtv.com; diynet.com; shopathometv.com
Publishing: 21 daily newspapers, including Rocky Mountain News, The Knoxville News-Sentinel, Cincinnati Post and Albuquerque Tribune
Other: Scripps Howard News Service and United Media (licensing and syndication)
