Throughout the research, ownership motivations are assumed to lie with the potential financial and political benefits of owning journalistic media. Benevolence is seldom assumed, as the problematic aspects of ownership are treated both from the management side of the research, and from the critical political economy perspective.
News and journalism are largely understood as public goods, the quality of which is often seen as threatened by commercialism and market realities, under the economic aims of owners.
However, the many forms and shapes that ownership of news media assume have different impacts on the competition between media outlets, the organization of editorial production, journalistic and professional cultures, and the intensity of corporate and profit maximizing philosophies that journalists work under. Ownership, however, assumes different forms in different media systems. You do not currently have access to this article. Please login to access the full content.
Access to the full content requires a subscription. Printed from Oxford Research Encyclopedias, Communication. Under the terms of the licence agreement, an individual user may print out a single article for personal use for details see Privacy Policy and Legal Notice. Oxford Research Encyclopedias. Oxford Research Encyclopedia of Communication. Since then, there have been reports of Adelson influencing coverage of himself at a newspaper that in the past was often critical of the billionaire.
Joe Mansueto - Inc. One month after taking Morningstar public in , Mansueto bought Inc. In a statement at the time , he wrote, " I wasn't looking to buy a magazine.
Or two, for that matter I bought them because I'm passionate about their missions. Their past, present, and future contributions. Zuckerman serves as chairman and editor-in-chief of U.
Zuckerman bought the Daily News out of bankruptcy in and unsuccessfully tried to sell the tabloid newspaper for six months in Barbey family - Village Voice. Barbey is a member of the billionaire Barbey family, which made its fortune in textiles and manufacturing. His son J. The family has also owned a local Pennsylvania paper, The Reading Eagle, for generations.
Stanley Hubbard — Hubbard Broadcasting. Media runs in Hubbard's family; his father started Minnesota's first commercial TV station in On May 23, Tribune Publishing Co. In an interview with CNBC , Soon-Shiong described his investment as an " opportunity to actually transform this newspaper world into this next generation. T ribune Co. Less than a year later, the company went bankrupt. Four years later, Tribune Co. The New York Times published an article last Friday criticizing the power that billionaires wield over media companies.
One ultra-wealthy media investor not mentioned in the story: Mexican billionaire Carlos Slim Helu, who owns the largest individual stake in the Times. Warren Buffett - regional daily papers. Warren Buffett, as CEO of Berkshire Hathaway , has invested in a number of small newspapers and owns about 70 dailies today.
Comcast Corp. But growth has slowed considerably in recent years. In , the company began missing its revenue targets. WashPost via Comscore reports Feb. It delivers weather information on television, digital platforms and TV apps. Founded in , "Pelmorex" is a portmanteau derived from the name of the company's chairman and controlling shareholder, Pierre L. Diversified shareholders. The company has 1 ranked stations in 77 of its markets and 2 ranked stations in 16 markets.
Howell 4. In , the company was rebranded as Newsweek Media Group. Pragad serves as CEO overseeing all of Newsweek's operations. Davis has no operational role at Newsweek. Davis, is married to the president of Christian College, Olivet University. The opinion section is brimming with right-wing columnists: Nigel Farage, Newt Gingrich are regulars, as is Alan Dershowitz. He is the co-founder, executive chairman and former CEO of Boston Properties, one of the largest real estate investment trusts in the US.
Mortimer Zuckerman donates to both Democrats and Republicans with more donations going to Democrats. News generates revenue through advertising. Founded in , U. News is headquartered in Washington, D. The company is privately owned by Mortimer B. Other titles include: usnews. News Live with flagship conferences on important national conversations surrounding the Healthcare of Tomorrow and Workforce of Tomorrow. Private For Profit Print and Digital A subsidiary, Advance Local, operates 12 local news and information websites affiliated more than 30 newspapers.
The owner. Marketwatch 50,, 40 McClatchy 30 major dailies see in tab below Chatham Assets Management led by Anthony Melchiorre , a Chicago-area native who has earned a reputation on Wall Street as a tough negotiator. Prior to buying McClatchy, Chatham Asset Management , acquired two-thirds of Canada's Postmedia , the publisher of The National Post, The Vancouver Sun and several other major Canadian papers, by trading a portion of the money it was owed for the majority ownership stake.
Private Hedge Fund Print and Digital 1. Currently US newsrooms are using this service. Non profit cooperative. While its own website counts on average The AP Network locations worldwide -9 regional editing hubs countries -Unrivaled state footprint with a reporter in every U.
More than half the world's population see s an AP story every day. CEO Kevin Mowbray is the owner of 1. Publicly Traded Print and Digital 1. The group is wholly owned by the Scott Trust Limited, which exists to secure the financial and editorial independence of The Guardian in perpetuity.
In her twenty-five-year career, she has overseen some of the leading academic publishing and data analytics companies in the world including CEO of Macmillan Science and Education, where she launched Digital Science and was CEO of Web of Science Group.
Reuters News employs around 2, journalists and photojournalists in about locations worldwide. It has an unsual funding structure. Reuters has also now added a paywall. Longstanding bylaws that govern Reuters make a takeover of the newsroom nearly impossible. A so-called poison pill provision prevents any one entity from owning more than 15 percent of the news operation.
Another provision gives the directors of the trust that governs Reuters the power to veto or endorse any takeover. Publicly Traded Digital Only Reuters news reported in that it reaches 1 billion people worldwide through multiple platforms. They have over TV broadcasters in countries, including prominent networks and government-sponsored broadcasters, 1, newspaper clients, including 13 of the top 15 newspapers globally, 41 million unique monthly visitors to Reuters.
Rival Univision has half as many. Through all its YouTube channels, Telemundo has a combined 35 million subscribers across its portfolio. Hispanic TV households in markets through 28 local stations, 51 affiliates and its national feed.
The Daily Beast began without advertising and has gradually introduced ads since early , founded in by former Vanity Fair and New Yorker editor Tina Bro wn that primarily aggregates content from across the web. Publicly Traded Digital Only Based in London, England, the paper has its core editorial offices across Britain, the United States, and continental Europe.
Private employee-owned, Japan's largest media company. Print and Digital 1. Founded in by John Tang, an Atlanta-based follower of the Chinese spiritual movement Falun Gong, Epoch Times is funded by Falun Gong, a religious group that has been called a doomsday cult. Epoch Media Group and Falun Gong's outreach work are done together with Shen Yun, a dance group known for its ubiquitous advertising and unusual performances.
Its leaders opposed homosexuality, feminism and popular music, and claimed to be a god who can float and walk on the wall. Non Profit Digital and Print Epoch Times sells subscriptions in dozens of countries and makes some content available free on its website.
Massive mailings have been reportedly delivered to households across the US and Canada, mostly in majority-white rural areas. Two Canadian Post workers were suspended in for refusing to deliver the paper in Saskatchewan, Canada. It gets about 5. It occasionally mails out free, unsolicited sample editions through Canada Post as advertising mail. Republican A-listers appeared on its YouTube shows, right-wing pundits in its print pages.
Its web traffic spiked. He is a member of Mr. According to Fol io in , Ruddy owned a 60 percent stake with the rest owned by Scaife. In , they launched Newsmax TV. He oversaw investments and acquisitions and the sale of The Washington Post. Barr as president. Slate has Our "support is designed for nonprofit news organizations with ambitious plans to grow their revenue and programs that support informed communities, plus targeted early stage investments in leaders and communities that present a unique opportunity to change the local news landscape where they operate.
Non Profit Digital Only They donate to digital news startups as a portfolio so not really a news site onto itself. If it's helpful, the total population served is 29M the people who benefit from the journalism of our grantees because they live in those communities. Funded by Corporation for Public Broadcasting with the bulk of funding coming from donors. Hagler Foun dation. Fisch, the Edith M. Federally funded through Corporation for Public Broadcasting and donors TV and Digital , average prime time viewers.
Harris and Jim VandeHei. In , the company endured a dramatic split with a coterie of top personnel, including Jim VandeHei, Mike Allen, and Roy Schwartz, who would go on to create a highly influential competing news start-up, Axios. Private For Profit Print and Digital , digital and , Sunday print subscribers and 25,, self reported average monthly unique visits. Marc Benioff is the founder of SalesForce who now owns Slack. It is the world's largest owner of sports teams and sports events.
Under the AEG Presents brand, it is the world's second largest presenter of live music and entertainment events after Live Nation.
The Washington Examiner is an American conservative news website and weekly magazine based in Washington, D. Famously reclusive, Philip Anschutz who also owns the Washington Examiner and AEG entertainment — he has given only two interviews in the past 30 years — the year-old has never discussed how he ended up owning two money-losing publications or what he wants to do with them, but his intentions seem clear.
Founded in , the Standard, which he absorbed into the Examiner, provided its first owner, Rupert Murdoch, with a Washington platform that bashed the White House during the Clinton years and enjoyed a privileged position during the presidency of George W.
Bush, when it became one of the most aggressive champions of the war in Iraq. Private For Profit Former newspaper and now magazine and digital site Self- reported 22 nillion monthly unique visitors, 90K print readers , Media Kit. However, 13M on average monthly visits SimilarWeb April The entitity is called Penske Media.
In , Penske Media Corporation bought Variety. Two years later, W. Now, Penske has gone in for the rest. This American conglomerate holding company once owned The Washington Post newspaper and Newsweek magazine. In his year career, Mr. Drudge has proved himself an expert aggregator, a digital journalist who links to articles plucked from the web.
And he has done it with style, packaging his links with tabloid-poetry headlines that make readers click. In , Drudge left its advertising rep of 20 years, Intermarkets, and "in favor the nascent Granite Cubed, according t o NY Post and Buzzfeed Ne ws, which said the fledgling company is owned by Margaret Otto, whose family has an association with the Drudge family going back years.
TheRighting told The NY Post that the Drudge Report had 1,, unique visitors in September, according to data supplied by comScore, down from 2,, in the same month a year ago. While SimilarWeb is showing 44M monthly uniques in March Shapiro is now moving into entertainment. The company says it reached self-fundi ng in month 14 and has powered its own growth from revenue since that time. Private For Profit Digital Only Decherd has majority control of the A. Belo Corporation, is Texas' oldest continually operating company.
In February , Robert W. With these purchases, Decherd and The Decherd Foundation own SimilarWeb, April , reports on average monthly visits of Private For Profit Print and Digital 5. Publicly Traded Print and Digital 7. Through its rapidly-growing network of Christian and conservative opinion websites—driving over million monthly page views.
It quietly rebooted in as a news site, and by mid it was reaching 4 million readers a month. It has more than doubled in size since then. Heavy rebooted in as a real-time reporting platform for the most sought-after news and information, and now generates millions of visitors per month. Heavy claims to be an independent media organization unaffiliated with any strategic or financial partner.
The site is owned by Heavy Inc. Over the past decade Heavy has experienced exponential reader growth and sustained profitability. Private For Profit Digital and Print Based in Irving, Texas, where it has studios and offices, as well as in Washington, D.
Axios repor ts. The nonprofit AAAS serves 10 million people through primary memberships and affiliations with some scientific societies and academies. Today, Science continues to publish the very best in research across the sciences, with articles that consistently rank among the most cited in the world. Non Profit Print and Digital J2 Global reaches over million people per month across its brands. Publicly traded Digital The publication was founded by Henry Luce in They reported , paid subscribers in The editor's independence is guaranteed by the existence of a board of trustees; it formally appoints the editor, who can only be removed with its permission.
It is private and none of the shares are listed. The "B" special shares are all held by Exor which holds Exor purchased the majority of its shareholding from Pearson plc in October When Bagehot gave up as editor, it stood at 3,, and by had climbed to only 6, After the second world war, it rose rapidly, but from a base of barely 18,, and when Crowther left it stood at only 55,, not reaching , until Today circulation is over 1.
The American circulation accounts for over half of the total. On average, there are The Seattle Times is an anomaly. It is one of about five among the top 50 metro dailies to be locally owned and family-run, a pattern that used to be the norm in America.
Once-mighty McClatchy chain of newspapers, has a Private For Profit Print and Digital , daily readers, , Sunday readers, 32M monthly visits self-reported , Holtzbrinck, a family-owned company based in Stuttgart, holds a majority share of 53 per cent.
HBR is published six times a year and is headquartered in Brighton, Massachusetts. Non Profit Digital and Print , paid circulation , self-reported , Investors inclu de Glade Brook Capital Partners, e. Allen is executive editor of Axios and former chief political reporter for Politico.
His goal was "to found at Washington, under the name of the Smithsonian Institution, an establishment for the increase and diffusion of knowledge among men.
The Board of Regents now has seventeen members: the Chief Justice, the Vice President, three members of the Senate, three members of the House of Representatives, and nine citizen members appointed by Joint Resolution of Congress. The Smithsonian has two sources of funding - federal appropriations and income generated from gifts, revenue-generating activities, and investments referred to as Smithsonian "trust funds". The Smithsonian also has two different categories of employees, "federal" and "trust," as determined by the source of funds used to pay an employee's salary.
However, the Smithsonian is one legal entity. Smithson was an English chemist and mineralogist. He published numerous scientific papers for the Royal Society during the late s as well as assisting in the development of calamine, which would eventually be renamed after him as "smithsonite".
Smithson and his half brother Henry Louis Dickinson inherited a considerable estate from their mother's fami ly. Non Profit Trust Print and Digital 9. Disney also owns ABC, listed above. Robert Bob A. The largest shareholder is the Laurene Powell Jobs Trust, which holds stock that she inherited from her husband Steve Jobs.
Majority voting shareholders are Robert A. Publicly Traded Digital Only 9. Herring Sr. He retired and met a woman in Russia who became his third wife. An insomniac, Herring spent much of his nights watching TV. After a while, he decided to dive into the business himself. But Robert Herring also used his channel as something of a soapbox. Private For Profit TV and digital 8.
However, they have self reported that "it is impossible to speak precisely about ratings since it does not subscribe to Nielsen Media research" , reported in the Baltimore Sun 8,, 90 The Philadelphia Inquirer Lenfest Institute was created by the late cable mogul, Gerry Lenfest in Lenfest also gifted his ownership of The Philadelphia Inquirer to the Institute. Lenfest Institute has now accepted more funds from Facebook, Knight Foundation and others. Non Profit Print and Digital , daily readers, , Sunday , source Alliance for Audited Media , 32, , print subscribers, digital subscribers , niemanlab.
SimilarWeb reports 8. Private For Profit Digital Only 8. Terms of the sale were not disclosed. They run two separate entities with separate staffs. Neil Patel is the majority owner of the for profit, Daily Caller, Inc. Minority owners are investors Foster Friess and Omeed Malik.
Patel noted in an email detailing ownership that he is a first generation Indian-American immigrant and Omeed Malik is a muslim-American. Daily Caller News Foundation is a non-profit funded by grant giving foundations and by small individual donors. For its largest donors were:. Navasky and vanden Heuvel, along with Paul Newman, E. Doctorow, Alan Sagner former Corporation for Public Broadcasting chairman , Peter Norton Norton Utilities software creator and other s purchased the year-old journal of liberal opinion from Arthur L.
Today, "The Nation Builders formerly The Nation Associates is a community of Nation reader-activists committed to supporting The Nation's one-of-a-kind journalism, promoting our message and advancing the progressive agenda. These donors are not disclosed. They also have a loyalty Visa card and an annual cruise that fund the newsroom.
Private For Profit Print and Digital 1. Its current publisher Richard J. Warren is the great-grandson of J. Norman Towle, who bought the paper in Schulz, and local real estate developer, lobbyist Darius Anderson and a prominent group of Sonoma County residents purchased the newspaper with a mission to restore local ownership. They have since paid it back. The New Republic announced that it was moving back to Washington in March , its home city for most of its year existence, and named Michael Tomasky as editor.
Tomasky, 60, will continue his role at Democracy, a quarterly publication. Tomasky was the first U. McCormack will keep his business operations for the publication in NYC. Private For Profit Digital Only 1.
Private Non Profit Digital Only 1. They do serve ads and accept donations. An American conservative political blog founded in May Its posts were originally written by three lawyers who attended Dartmouth College together, namely John H. Hinderaker, Scott W. Johnson, and Paul Mirengoff. They report they write for "Main Street conservatives who cherish local community, the liberties secured by the Founders, the civilizational foundations of faith and family.
Walter E. Hussman, Jr. Scripps and zoologist W.
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