Fortune 500 Companies
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In this essay, the world's five largest media companies are identified in detail, including their main subsidiaries, assets and profits. Furthermore, some of the many connections these five conglomerates have with other Fortune 500 companies are listed. Finally, the theories of Ben Bagdikian, Hamid Mowlana and Herbert Schiller regarding this media hegemony are discussed.
From the Paper:"Albert Einstein, a pacifist, once dreamed of a global government, which he hoped would ensure peace on Earth. This, of course, has never materialized, even considering the founding of the United Nations in the aftermath of the Second World War. Tragically, war and discord have continued. The world has, however, become increasingly more interconnected in the fifty years since the end of World War II. The development of the global economy has created a global culture. Teenagers in India are likely to be aware of the latest Michael Jordan headlines as their American and European counterparts."
Cite this Essay:
Fortune 500 Companies (2006, April 06) Retrieved June 20, 2019, from https://www.academon.com/essay/fortune-500-companies-64814/
"Fortune 500 Companies" 06 April 2006. Web. 20 June. 2019. <https://www.academon.com/essay/fortune-500-companies-64814/>