Heads of US Mega Media Conglomerates
The Media & Entertainment segment matters as it both mirrors and creates culture.
The Media & Entertainment landscape in the United States is shaped by just four mega-media conglomerates (aka Media Groups):
Disney (ABC, ESPN, Pixar, Marvel, purchased most of 21 st Century Fox in 2019 1 , fully controls Hulu though Comcast is a 33% silent partner)
Comcast (which purchased NBC Universal in 2013 2 , includes Telemundo, Universal)
AT&T (merged with Time Warner in 2019 3 , includes CNN and HBO)
Paramount Global (includes Paramount, Viacom and CBS) 4
These Top 4 mega media conglomerates are headed in total by six people.
Disney:
Chairman of the Board Susan Arnold
CEO Bob Chepak
Comcast:
CEO and Chairman of the Board Brian L. Roberts
AT&T:
Independent Chairman of the Board William E. Kennard
CEO and Board Member John Key Stanke
Paramount:
President and CEO Robert Bakish
Heads of US Mega Media Conglomerates
1 out of 6 = 17%
Top 4 Mega Media Conglomerates in 2020, and What They Own
Top Media Conglomerates in 2019, and What They Own
According to Business Insider:
In 1984, fifty independent media companies owned the majority of media interests within the United States. By 2011, 90% of the United States’ media was controlled by six media conglomerates:
This type of intense consolidation almost invariably reduces participation of women at the top ranks of mega-institutions.
The top global media mega corporations, which include the above US giants as well as Sony (Japan), Bertelsmann (Germany), Vivendi (France) and Liberty Global (US/UK/NZ) also show overwhelmingly male leadership at the top levels.
What will it take for women to get into the Power Percentage in The Mega Media Conglomerates?