Big Media Still Has Plenty Of Muscle

There may be 500 channels and almost $80 billion in advertising and subscriber revenue in the television industry, but most of that content and cash is controlled by a handful of companies. In a new report on the U.S. media industry, Sanford C. Bernstein analyst Todd Juenger notes that a handful of media giants control the advertising and subscription pies. According to Juenger, fees that pay-TV distributors pay for content is now about $40 billion while advertising is an additional $37 billion.

Study: Teens Watching More TV, Not Less

“Consumption of television by teens has stubbornly continued to grow, even as new devices have permeated their lives,” a Sanford C. Bernstein analyst says in Why the Internet Won’t Kill TV.