According to the Ad Age report, ‚Äú100 Leading Media Companies,‚ÄĚ the top 100 U.S. media companies had revenue of $299.1 billion in 2007, including money from advertising, subscriptions and fees.
Time Warner topped the list, with net U.S. media revenue of $35.6 billion last year.
In terms of media categories, digital was the growth leader, with revenue up 10.8% over 2006. Cable network growth was close behind, at 10.6%, while newspapers were down 6.8%.
Cable systems and satellite services accounted for a record 31% of 2007 U.S. media revenue, according to the report.
The full report is available at www.adage.com.