AT&T's bid to buy Time Warner for a hefty $85.4 billion has unleashed a flood of excitement on Wall Street, where analysts are now predicting a new wave of deal-making in the media industry.
The heated competition for our attention and for advertising dollars is increasingly pitting traditional media and entertainment stalwarts against Internet and telecom giants. And some media companies are once again seeking refuge in larger conglomerates.
To wade through who owns what, we decided to build a chart that outlines some of the notable holdings of big media companies.
This research, of course, will not cover everything. We stopped short of delving deep into the world of publishing, news and television broadcasting, where, for instance, News Corp., Hearst, Time and Gannett are big players. The chart also does not fully reflect the intertwined relationships within the industry: For example, Hearst is party to numerous joint ventures with Comcast, Disney and others.
But it illustrates the changing dynamics of this influential industry, and begins to paint the picture of the sprawling properties of some of its biggest players.
NPR researcher Ayda Pourasad contributed to this report.