POL 128 Lecture Notes - Lecture 6: Pay Television, Netflix, Robert Rodriguez
Document Summary
Global box office is about 38-40b dollars a year. In the old days film studios were typically independently owned, a family company. Film is a global industry dominated by 6 big studios: 20th century fox (news corporation) . 7b: owned by rupert murdock also owns fox television, fox television network and fox news channel (most popular news channel in the us) Warner bros (time warner) . 7b: america online (aol) wanted to buy content for their internet service, so they purchased time warner, and it was renamed aol time warner, Aol went down the tube and the company was renamed back to time. Warner: time warner owns cnn, hbo, animation company, publishing company, etc, at&t now wants to buy time warner for 85b dollars the us government has to approve this. Paramount (viacom) . 7b: viacom owns new york rangers hockey team, cbs network these media companies not only own film studios but also own major television networks in the us.