The Principal Global Mass Media Groups Continue to be Family Businesses
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Published
02-11-2011
Francisco Campos Freire
Abstract
Publishing companies with two centuries of history extending over six or seven generations, together with companies and organisations with barely two decades behind them, make up the framework of the global media groups in which family ownership continues to be the dominant or majority characteristic. In 2005, some fifty multimedia groups under the ownership control of one or several families accounted for a turnover of 275,000 million dollars and about 1,250,000 jobs. The principal family media groups make up about 25% of the world mass media market. The history, influence, organisation and economic impact of the family business in general has been widely studied by different schools and currents. However, this has not been the case with the organisation, meaning, evolution and transcendence of the ensemble of the family communication business.
How to Cite
Campos Freire, F. (2011). The Principal Global Mass Media Groups Continue to be Family Businesses. ZER - Journal of Communication Studies, 12(22). https://doi.org/10.1387/zer.3676
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