100 LEADING MEDIA COMPANIES

100 Leading Media Companies Rank Total media revenue Newspaper revenue Magazine revenue Broadcast revenue Cable TV revenue Other media revenue 1992 1991 Media company, headquarters 1992 1991 % chg 1992 1991 1992 1991 1992 1991 1992 1991 1992 1991 1 1 Time Warner, New York $5,559.4 $5,229.0 6.3 - - $2,024.4 $1,928.0 - - $3,535.0 $3,301.0 - - 2 2 Capital Cities/ABC, New York 4,963.9 5,043.7 -1.6 $546.2 $521.3 318.1 321.0 $3,593.6 $3,712.0 506.0 489.4 - - 3 7 CBS Inc., New York 3,503.0 3,035.0 15.4 - - - - 3,503.0 3,035.0 - - - - 4 4 Tele-Communications Inc., Denver 3,500.0 3,206.0 9.2 - - - - - - 3,500.0 3,206.0 - - 5 5 General Electric Co., Fairfield, Conn. 3,363.0 3,153.5 6.6 - - - - 3,283.0 3,086.0 80.0 67.5 - - 6 3 Gannett Co., Arlington, Va. 3,301.1 3,250.0 1.6 2,689.2 2,629.8 - - 370.6 360.1 - - 241.3 260.1 7 6 Advance Publications, Newark, N.J. 3,257.2 3,095.0 5.2 1,748.0 1,714.0 1,042.0 941.0 - - 467.2 440.0 - - 8 8 Times Mirror Co., Los Angeles 2,767.5 2,764.0 0.1 1,943.2 1,973.8 277.8 292.2 107.9 94.2 438.6 403.8 - - 9 9 News Corp., Sydney 2,455.8 2,293.6 7.1 139.8 163.4 648.0 600.0 1,026.0 946.7 - - 642.0 583.5 10 10 Knight-Ridder, Miami 2,050.0 1,953.8 4.9 2,050.0 1,953.8 - - - - - - - - 11 11 Hearst Corp., New York 1,973.5 1,888.2 4.5 701.0 680.0 1,062.1 1,002.0 210.4 206.2 - - - - 12 12 Cox Enterprises, Atlanta 1,836.4 1,716.0 7.0 765.7 709.0 1.8 2.0 425.2 409.0 643.7 596.0 - - 13 13 New York Times Co., New York 1,783.8 1,703.1 4.7 1,307.0 1,274.4 386.1 352.7 80.5 66.5 - - 10.2 9.5 14 14 Tribune Co., Chicago 1,706.8 1,645.9 3.7 1,179.8 1,150.9 - - 527.0 495.0 - - - - 15 16 Viacom International, New York 1,638.8 1,459.3 12.3 - - - - 168.9 159.1 1,469.9 1,300.2 - - 16 15 Thomson Corp., Toronto 1,529.6 1,463.4 4.5 701.0 689.0 828.6 774.4 - - - - - - 17 19 Turner Broadcasting System, Atlanta 1,386.2 1,190.7 16.4 - - - - - - 1,386.2 1,190.7 - - 18 17 Washington Post Co., Washington 1,361.0 1,292.2 5.3 677.6 642.7 347.1 326.5 162.2 163.5 174.1 159.5 - - 19 18 Reed Elsevier, London/Amsterdam 1,320.4 1,191.6 10.8 - - 1,040.4 936.3 - - - - 280.0 255.3 20 21 Continental Cablevision, Boston 1,113.0 1,039.0 7.1 - - - - - - 1,113.0 1,039.0 - - 21 20 E.W. Scripps, Cincinnati 1,079.5 1,112.9 -3.0 556.2 642.3 - - 277.3 245.4 246.0 225.2 - - 22 22 Dow Jones & Co., New York 1,008.5 963.1 4.7 1,008.5 963.1 - - - - - - - - 23 24 Advo Inc., Windsor, Conn. 787.6 697.4 12.9 - - - - - - - - 787.6 697.4 24 23 Reader's Digest Association, Pleasantville, N.Y. 760.5 729.2 4.3 - - 760.5 729.2 - - - - - - 25 25 Comcast Corp., Bala Cynwyd, Pa. 728.1 647.1 12.5 - - - - - - 728.1 647.1 - - 26 27 International Data Group, Framingham, Mass. 721.1 627.0 15.0 - - 721.1 627.0 - - - - - - 27 26 Valassis Communications, Livonia, Mich. 684.0 635.7 7.6 - - - - - - - - 684.0 635.7 28 29 Meredith Corp., Des Moines, Iowa 572.7 550.8 4.0 - - 463.2 441.7 106.0 109.1 3.5 0.0 - - 29 31 Cablevision Systems Corp., Woodbury, N.Y. 572.5 503.1 13.8 - - - - - - 572.5 503.1 - - 30 30 McGraw-Hill, New York 542.7 546.1 -0.6 - - 439.0 448.0 103.7 98.1 - - - - 31 28 Westinghouse Electric Corp., Pittsburgh 540.1 560.5 -3.6 - - - - 540.1 560.5 - - - - 32 38 Providence Journal Co., Providence, R.I. 535.0 427.4 25.2 120.0 117.9 - - 140.0 143.0 275.0 166.5 - - 33 37 A.H. Belo Corp., Dallas 515.9 431.6 19.5 314.7 249.7 - - 201.2 181.9 - - - - 34 32 Media News Group, Dallas 515.0 500.0 3.0 515.0 500.0 - - - - - - - - 35 36 Ziff Communications, New York 503.2 436.0 15.4 - - 503.2 436.0 - - - - - - 36 33 Chronicle Publishing Co., San Francisco 486.0 482.0 0.8 264.0 266.0 - - 109.0 112.0 113.0 104.0 - - 37 34 Freedom Newspapers, Irvine, Calif. 473.6 462.0 2.5 389.6 382.0 - - 84.0 80.0 - - - - 38 35 Media General, Richmond, Va. 470.6 460.4 2.2 299.0 299.2 1.7 1.6 52.5 52.3 117.4 107.3 - - 39 41 Multimedia Inc., Greenville, S.C. 447.6 415.1 7.8 132.5 129.0 - - 160.5 150.6 154.6 135.5 - - 40 43 Cablevision Industries Corp., Liberty, N.Y. 442.0 406.0 8.9 - - - - - - 442.0 406.0 - - 41 40 Central Newspapers, Indianapolis 433.6 420.4 3.1 433.6 420.4 - - - - - - - - 42 51 U.S. News & World Report, Washington 430.9 355.7 21.1 238.0 180.7 192.9 175.0 - - - - - - 43 42 McClatchy Newspapers, Sacramento, Calif. 425.9 412.1 3.3 425.9 412.1 - - - - - - - - 44 45 Affiliated Publications, Boston 414.0 392.8 5.4 414.0 392.8 - - - - - - - - 45 46 Matra Hachette, Paris 403.0 389.0 3.6 - - 403.0 389.0 - - - - - - 46 49 Landmark Communications, Norfolk, Va. 398.9 367.4 8.6 277.0 279.0 9.2 9.2 34.1 19.5 78.6 59.7 - - 47 44 Pulitzer Publishing Co., St. Louis 398.4 393.4 1.3 285.0 284.4 - - 113.4 109.0 - - - - 48 50 Gaylord Entertainment Co., Nashville, Tenn. 392.3 360.9 8.7 - - - - 137.5 138.4 254.8 222.5 - - 49 48 K-III Holdings, New York 384.4 376.4 2.1 72.2 73.6 312.2 302.8 - - - - - - 50 47 Copley Newspapers, La Jolla, Calif. 377.0 386.5 -2.5 377.0 386.5 - - - - - - - - 51 55 USA Network, New York 364.0 312.0 16.7 - - - - - - 364.0 312.0 - - 52 56 Cowles Media Co., Minneapolis 334.6 303.6 10.2 266.9 244.9 67.7 58.7 - - - - - - 53 52 Journal Register Co., Princeton, N.J. 326.0 325.0 0.3 326.0 325.0 - - - - - - - - 54 53 Donrey Media Group, Fort Smith, Ark. 322.4 319.1 1.0 239.0 237.0 - - 10.4 9.9 16.0 15.2 57.0 57.0 55 54 Harte-Hanks Communications, San Antonio, Texas 319.6 318.7 0.3 290.2 292.1 - - 29.4 26.6 - - - - 56 58 Paragon Communications, Stamford, Conn. 316.0 284.0 11.3 - - - - - - 316.0 284.0 - - 57 67 Chris-Craft Industries, New York 307.9 262.6 17.3 - - - - 307.9 262.6 - - - - 58 NR Falcon Holding Group, Los Angeles 306.1 NA NA - - - - - - 306.1 - - - 59 65 Adelphia Communications Corp., Coudersport, Pa. 305.2 273.6 11.5 - - - - - - 305.2 273.6 - - 60 57 Sammons Communications, Dallas 304.2 284.6 6.9 - - - - - - 304.2 284.6 - - 61 62 Lee Enterprises, Davenport, Iowa 292.8 277.3 5.6 213.7 207.6 - - 79.1 69.7 - - - - 62 60 Journal Communications, Milwaukee 291.3 281.6 3.4 238.4 229.5 - - 52.9 52.1 - - - - 63 59 Morris Communications, Augusta, Ga. 282.0 282.0 0.0 267.0 267.0 - - - - - - 15.0 15.0 64 69 Century Communications Corp., New Canaan, Conn. 281.0 257.3 9.2 - - - - - - 281.0 257.3 - - 65 61 National Geographic Society, Washington 275.8 279.7 -1.4 - - 275.8 279.7 - - - - - - 66 68 SCI Television, Denver 275.5 261.0 5.6 - - - - 275.5 261.0 - - - - 67 NR Crown Media, Dallas 271.2 NA NA - - - - - - 271.2 - - - 68 71 TeleCable Corp., Norfolk, Va. 268.0 249.0 7.6 - - - - - - 268.0 249.0 - - 69 64 Enquirer/Star Group, Lantana, Fla. 265.7 275.2 -3.5 - - 265.7 275.2 - - - - - - 70 70 Maclean Hunter, Toronto 262.8 251.5 4.5 - - 81.0 79.2 - - 181.8 172.3 - - 71 66 3M, St. Paul, Minn. 260.0 265.0 -1.9 - - - - - - - - 260.0 265.0 72 75 Heritage Media Corp., Dallas 250.8 222.3 12.8 - - - - 64.4 51.2 - - 186.4 171.1 73 73 Seattle Times Co., Seattle 245.0 225.0 8.9 245.0 225.0 - - - - - - - - 74 78 Paramount Communications, New York 242.2 208.7 16.1 - - - - 152.0 123.0 90.2 85.7 - - 75 74 Houston Industries, Houston 236.8 224.7 5.4 - - - - - - 236.8 224.7 - - 76 72 Chicago Sun-Times, Chicago 231.0 229.0 0.9 231.0 229.0 - - - - - - - - 77 77 Forbes Inc., New York 229.8 211.2 8.8 6.3 6.2 223.5 205.0 - - - - - - 78 76 Petersen Publishing Co., Los Angeles 221.5 220.3 0.5 - - 221.5 220.3 - - - - - - 79 86 CMP Publications, Manhasset, N.Y. 215.4 178.0 21.0 - - 215.4 178.0 - - - - - - 80 80 Dispatch Printing Co., Columbus, Ohio 213.0 205.6 3.6 148.9 145.0 2.0 1.9 62.1 58.7 - - - - 81 82 Great American Communications, Cincinnati 205.2 195.9 4.7 - - - - 205.2 195.9 - - - - 82 83 Blade Communications, Toledo, Ohio 204.9 195.4 4.9 135.0 130.0 - - 28.0 26.6 41.9 38.8 - - 83 85 Lenfest Group, Pottstown, Pa. 200.0 180.0 11.1 - - - - - - 200.0 180.0 - - 84 90 Univision Holdings, New York 195.2 165.8 17.7 - - 4.0 1.8 191.2 164.0 - - - - 85 79 Whittle Communications, Knoxville, Tenn. 195.0 207.0 -5.8 - - - - - - 157.0 135.0 38.0 72.0 86 81 Times Publishing Co., St. Petersburg, Fla. 193.0 204.0 -5.4 173.0 174.0 20.0 30.0 - - - - - - 87 NR InterMedia, San Francisco 180.0 NA NA - - - - - - 180.0 - - - 88 91 General Media International, New York 178.1 163.0 9.3 - - 178.1 163.0 - - - - - - 89 88 Patrick Media Group, Scranton, Pa. 175.0 170.0 2.9 - - - - - - - - 175.0 170.0 90 94 Discovery Communications, Bethesda, Md. 172.0 150.0 14.7 - - - - - - 172.0 150.0 - - 91 93 LIN Broadcasting Corp., Kirkland, Wash. 164.8 150.3 9.6 - - 21.9 20.8 142.9 129.5 - - - - 92 92 Howard Publications, Oceanside, Calif. 158.0 155.0 1.9 158.0 155.0 - - - - - - - - 93 100 Hollinger Inc., Toronto 157.0 141.2 11.2 157.0 141.2 - - - - - - - - 94 96 Macromedia, Hackensack, N.J. 154.3 148.5 3.9 130.9 126.5 - - 23.4 22.0 - - - - 95 NR Telemundo Group, New York 154.0 134.3 14.7 - - - - 154.0 134.3 - - - - 96 97 Crain Communications, Chicago 151.6 145.7 4.0 - - 151.1 145.2 0.5 0.5 - - - - 97 NR Infinity Broadcasting Corp., New York 150.2 118.0 27.3 - - - - 150.2 118.0 - - - - 98 95 Wenner Media, New York 149.6 148.7 0.6 - - 149.6 148.7 - - - - - - 99 NR Park Communications, Ithaca, N.Y. 148.5 139.6 6.4 79.5 79.1 - - 69.0 60.5 - - - - 100 98 Ackerley Communications, Seattle 146.5 144.9 1.1 - - - - 67.9 66.6 - - 78.6 78.3 Notes: Dollars are in millions. Figures are net revenues, AA estimates and include returns only from media properties, which may not be total revenues if some operations are non-media. Newspaper includes shoppers. Broadcast includes TV and radio. From AA, August 16, 1993.

100 LEADING MEDIA COMPANIES

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