Advertising Age Data Center
100 LEADING MEDIA COMPANIES
Ranked by total net U.S. media revenue in 2004
RANKTOTAL NET U.S. MEDIA REVENUENET REVENUE FROM THE U.S. BY MEDIUM IN 2004
20042003MEDIA COMPANYHEADQUARTERS2004% CHGWORLDWIDE PARENT REVENUENEWSPAPERMAGAZINETVRADIOCABLE NETWORKSCABLE SYSTEMSMOVIES, RELATED SVCSOTHER
11Time WarnerNew York$37,008 6.6$42,089 $0 $4,851 $700 $0 $8,354 $8,484 $5,927 $8,692
22ViacomNew York21,4739.322,526 0 61 8,5052,0966,69802,2331,880
33Comcast Corp.Philadelphia20,10310.920,307 0 0 0078719,31600
44Walt Disney Co.Burbank, Calif.17,4086.830,752 0 357 4,7566126,41005,2730
55NBC Universal (General Electric Co.)New York12,46314.3152,362 0 0 7,48702,11002,8660
66News Corp.New York11,4058.723,859 266 5 4,53802,49203,515590
78DirecTV GroupEl Segundo, Calif.9,76426.911,360 0 0 0009,76400
87Cox EnterprisesAtlanta8,5799.911,552 1,160 0 55543806,42500
911EchoStar Communications Corp.Englewood, Colo.6,67723.47,143 0 0 0006,67700
109Clear Channel CommunicationsSan Antonio6,4905.79,418 0 0 2893,7540002,447
1110Advance PublicationsNew York6,4649.4NA2,285 2,420 0001,75900
1213Gannett Co.McLean, Va.5,77287,381 4,951 0 82200000
1312Tribune Co.Chicago5,5252.45,726 4,109 21 1,354420000
1414Charter CommunicationsSt. Louis4,9773.34,977 0 0 0004,97700
1516Cablevision Systems Corp.Bethpage, N.Y.4,44820.44,933 0 0 001,3243,12400
1615Hearst Corp.New York4,1818.7NA1,564 1,837 78000000
1717Adelphia Comms. Corp.Greenwood Village, Colo.3,92011.23,920 0 0 0003,92000
1818Sony Corp.Tokyo3,85914.269,767 0 0 00003,8590
1919The New York Times Co.New York3,3042.43,304 3,143 0 147140000
2020Knight RidderSan Jose, Calif.3,0142.33,014 2,900 0 00000115
2127YahooSunnyvale, Calif.2,65395.83,575 0 0 000002,653
2221The Washington Post Co.Washington2,1658.23,300 938 366 3620049900
2334GoogleMountain View, Calif.2,0831073,189 0 0 000002,083
2422Meredith Corp.Des Moines1,8233.11,162 0 1,534 28900000
2524E.W. Scripps Co.Cincinnati1,77015.62,168 704 0 3430724000
2623Dow Jones & Co.New York1,6758.11,675 1,293 0 00000381
2729Univision CommunicationsLos Angeles1,65438.11,787 0 0 1,262328450018
2825Discovery CommunicationsSilver Spring, Md.1,5617.42,365 0 0 001,561000
2926BeloDallas1,5105.21,510 753 0 7060200031
3028PrimediaNew York1,2812.21,307 0 1,206 00390036
3131AdvoWindsor, Conn.1,2467.11,246 0 0 000001,246
3241MSN Network (Microsoft Corp.)Redmond, Wash.1,19743.236,835 0 0 000001,197
3332McClatchy Co.Sacramento, Calif.1,1635.81,163 1,163 0 000000
3433Lee EnterprisesDavenport, Iowa1,1405.6683 1,140 0 000000
3535Mediacom Communications Corp.Middletown, N.Y.1,0575.21,057 0 0 0001,05700
3630Metro-Goldwyn-MayerLos Angeles1,046-12.31,725 0 0 00001,0460
3739Insight Communications Co.New York1,00311.11,003 0 0 0001,00300
3838A&E Television NetworksNew York9808.3980 0 0 00980000
3936International Data GroupBoston9552.72,460 0 755 00000200
4037Reader's Digest AssociationPleasantville, N.Y.917-0.22,390 0 917 000000
4140Media GeneralRichmond, Va.9007.5900 567 0 324000010
4244Lamar Advertising Co.Baton Rouge, La.8849.1884 0 0 00000884
4345Valassis CommunicationsLivonia, Mich.88310.91,044 0 0 00000883
4449DreamWorks SKGGlendale, Calif.88228.2NA0 0 00008820
4542Freedom CommunicationsIrvine, Calif.8806.8NA760 0 12000000
4643Lifetime Entertainment ServicesNew York8413.4NA0 14 00827000
4746McGraw-Hill Cos.New York8003.55,251 0 687 11300000
4847MediaNews GroupDenver7542.1754 748 0 600000
4948Landmark CommunicationsNorfolk, Va.7375.8NA409 0 750254000
5050Sinclair Broadcast GroupBaltimore6953.2708 0 0 69500000
5190Lions Gate Entrtnmnt Corp.Santa Monica, Calif./Vancouver695129.7843 0 0 00006950
5253Emmis Communications Corp.Indianapolis6189.4618 0 78 2652760000
5352Copley PressLa Jolla, Calif.6167.5NA616 0 000000
5454Zuckerman Media PropertiesNew York59510.1NA359 236 000000
5551Reed ElsevierNew York/London594-1.19,287 0 594 000000
5655Westwood OneNew York5624.3562 0 0 05620000
5756Morris Communications Co.Augusta, Ga.5615.2NA456 25 01300067
5858Community Newspaper HoldingsBirmingham, Ala.5595.4NA559 0 000000
5957Hachette Filipacchi Media U.S. (Lagardere)New York/Paris5523.817,457 0 552 000000
6059American MediaLantana, Fla.5374.1537 0 537 000000
6160Journal CommunicationsMilwaukee5006.9821 328 0 90820000
6261Hollinger InternationalChicago4664.6NA466 0 000000
6365Journal Register Co.Trenton, N.J.45817.8476 458 0 000000
6463Block CommunicationsToledo, Ohio4383.3438 258 0 3900121020
6564Entercom Communications Corp.Bala Cynwyd, Pa.4235.6423 0 0 04230000
6671RodaleEmmaus, Pa.42118.7NA0 421 000000
6762Gemstar-TV Guide InternationalLos Angeles418-4.2732 0 321 0091006
6866Susquehanna Media Co.York, Pa.4149.9414 0 0 0231017904
6967Citadel Broadcasting Corp.Las Vegas41110.8411 0 0 04110000
7068Raycom MediaMontgomery, Ala.3918.5NA0 0 39100000
7170Harte-HanksSan Antonio3898.21,030 389 0 000000
7274LIN TV Corp.Providence, R.I.3759.5375 0 0 37500000
7372Seattle Times Co.Seattle3747.9NA374 0 000000
7475Forbes Inc.New York37016.5NA0 370 000000
7573United Business MediaLondon3542.61,517 0 354 000000
7676Dispatch Printing Co.Columbus, Ohio34911.8NA228 0 10890400
7769Catalina Marketing Corp.St. Petersburg, Fla.346-3.9NA0 0 00000346
7881Gray TelevisionAlbany, Ga.33918.1347 46 0 29300000
7980RCN Corp.Princeton, N.J.3269.9487 0 0 0002200106
8083Cumulus MediaAtlanta32013.5320 0 0 03200000
8179Radio OneLanham, Md.3205.5320 0 0 03200000
8278Dennis PublishingNew York3163.9NA0 316 000000
8377VNUNew York/Haarlem, Netherlands299-44,722 0 299 000000
8482Herald MediaBoston2973.5NA297 0 000000
8584Times Publishing Co.St. Petersburg, Fla.2965.7NA296 0 000000
8686IAC/InterActiveCorpNew York2959.66,193 0 252 0000043
8793CNET NetworksSan Francisco29118.2291 0 35 00000256
8887Wehco MediaLittle Rock, Ark.2888.2NA288 0 000000
8988American Express Publishing Corp.New York286929,100 0 286 000000
9095Schurz CommunicationsSouth Bend, Ind.28219.7NA159 0 51906200
9185Paxson Communications Corp.West Palm Beach, Fla.2772.1277 0 0 27700000
9289Ogden NewspapersWheeling, W. Va.2651.6NA265 0 000000
9396Stephens Media GroupLas Vegas26412.1NA264 0 000000
9494Entravision Communications Corp.Santa Monica, Calif.2598.9259 0 0 1369200031
9598National Geographic SocietyWashington25614NA0 256 000000
9697Crain CommunicationsDetroit2548.5254 0 252 020000
9792Playboy EnterprisesChicago2510.6329 0 113 00970040
9891MSNBCNew York248-1.3NA0 0 00248000
99100XM Satellite Radio HoldingsWashington244166.3244 0 0 02440000
10099Church of Jesus Christ of Latter-day SaintsSalt Lake City2438.3NA0 0 342090000

Notes: Dollars are in millions. Media defined as information and entertainment distribution systems in which advertising is a key element. U.S. media revenue, considered estimates, are for latest available fiscal year unless otherwise noted. Parent returns are as reported and may be smaller than total media. Media often represents corporate segment totals without eliminations and may be pro forma. An "NA" in the revenue column means the parent is privately held. "Movies, Related Svcs" includes TV production, distribution and syndication, and movie home entertainment. Cable is segmented into "Cable Networks" and "Cable/DBS," the latter including MSOs and satellite systems DirecTV and EchoStar. "Other" media category includes outdoor, Internet, free-standing inserts and direct marketing. Sources: BIA Financial Network (radio, TV, newspapers), Kagan World Media (cable), TNS Media Intelligence, Audit Bureau of Circulations, BPA International and public reports. Report staff: Kevin Brown, R. Craig Endicott, Scott MacDonald, Mark Schumann.