- Chicago Tribune: 1847
- New York Times: 1851
- Washington Post: 1877
- Wall Street Journal: 1889
- Warner Bros.: 1903
- Paramount: 1912
- Universal: 1912
- Fox: 1915
- MGM: 1915
- Columbia Pictures: 1919
- Disney: 1923
- Time Magazine: 1923
- NBC: 1926
- CBS: 1927
- ABC: 1927 (was originally NBC's Blue Network)
- Turner Broadcasting: 1970
There are certainly other successful media companies out there, but they tend to focus on market niches. Discovery Communications, for example, focuses on science and nature, although it will expand into children's programming with The Hub, its joint venture with Hasbro, which launches later this month, and OWN, the Oprah Winfrey Network, which launches January 1, 2011. The National Geographic Society has published its namesake magazine since 1888, but formed its cable network as a joint venture with News Corporation (Fox).
Perhaps the formula for success as a new media company is to avoid what the old media companies are doing. Don't try to be a movie studio, a television network, a newspaper or magazine. It also means being independent of old media. If your business model depends on getting permission to distribute old media companies' content, or getting old media companies to distribute your content, your fate isn't in your own hands. In other words, don't play in the big guys' sandbox. Build your own.
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