The announcement that there’s a new Verizon CEO on the way was made by the company in a press release today. The current CEO will remain as the Executive Chairman … We then isolated the 20 companies with the most visited sites in each geography, as well as other newsworthy media companies, and identified all of the properties in their online media portfolios, as well as the name of their highest-level owners, using financial filings, corporate press announcements, and other public sources. While many of the oldest media conglomerates are as powerful as ever and still growing, the emergence of digital news has substantially altered the media landscape and allowed new companies to emerge as major players in the news industry. Select this result to view Hans E Vestberg's phone number, address, and more. In an analysis of 30 countries, researchers found that, on average, the top four media companies in each country hold 40% of that country’s media content market. In recent years, asset management firms and private investors have increasingly bought majority stakes in legacy newspapers and have come to dominate the list of the top media owners worldwide. On June 1, declaring feelings of “regret and sadness” at “events unfolding across the country that are rooted in hate,” Verizon chairman and CEO Hans Vestberg pledged $10 million to be spread evenly among seven “social justice organizations” that purportedly advance Verizon’s commitment to “diversity and inclusion.”. He is currently serving as the Executive Vice President, President of Global Networks and Chief Technology Officer for Verizon. Online news media in the U.K. is dominated by publishers of traditional print media. The next name on the list is Alex Waislitz, founder and Chairman of the Australian-based Throney Investment Group, which owns 169 outlets, including The Advertiser, The Canberra Times, and Illawarra Mercury. News Corp, through News Corp UK, and Daily Mail and General Trust plc own many of the largest national news sites in the U.K. The last step was to put a name (and a face) to each company by identifying the highest-level owners. As of this writing, William White did not hold a position in any of the aforementioned securities. Tech giants like Microsoft and Amazon owner Jeff Bezos, as well as telecommunications conglomerates such as Verizon and AT&T, now rank among the top owners of the world’s media. Our latest study shows the current state of media consolidation around the world. Nasdaq Today Hearst Communications owns dozens of newspapers and magazines throughout the country, each with a significant online presence. Come procurarsi un indirizzo IP del Regno Unito dalla Cina: 5 semplici modi, veloci e sicuri. After this, he will still hold the Non-Executive Chairman position with VZ. S&P, Dow Industrials Close Higher as Election Looms, Dollar gains as investors cautious before U.S. election, Executive Vice President & General Manager, Broadband Commission for Sustainable Development, UN Sustainable Development Solutions Network. This seems very strange, […] Who owns the news? Mr. Vestberg is also on the board of United Nations Foundation, World Childhood Foundation and Whitaker Peace & Development Initiative and Member of New Cities Foundation, Member of Broadband Commission for Sustainable Development, Member-Leadership Council at UN Sustainable Development Solutions Network and Executive Vice President & General Manager at the University of Linköping. We started off by identifying the top 50 most visited news websites in the world as of December 2019, using data from web traffic analysis company Alexa and market intelligence provider SimilarWeb. In August 2019, American investment firm KKR purchased the largest stake in Axel Springer SE, a German media group whose assets include Business Insider and Rolling Stone. They unquestionably get more than enough daily hits to qualify. With Hans Vestberg taking over as the new Verizon CEO, Lowell McAdam will be changing roles. Required fields are marked *. Hans Erik Vestberg is a businessperson who has been at the helm of 7 different companies and currently holds the position of Chairman & Chief Executive Officer for Verizon Communications, Inc. and Chairman & Chief Executive Officer of Cellco Partnership, Inc. (a subsidiary of Verizon Communications, Inc.). In April 2019, for example, private equity firm Great Hill Partners acquired the Gizmodo Media Group and The Onion, and combined their digital news assets, which include Gizmodo, Jezebel, and The A.V. We identified the owners of the top 50 news sites globally, in the United States, in the U.K., and in Australia, respectively, using financial filings, corporate press announcements, and other public sources. Ever wondered who owns your favorite news websites? While many believed the internet would bring openness and diversity to the world’s media, online news media has become increasingly consolidated over the past several decades. The Hearst name, for example, first appeared on a newspaper masthead in 1887. The news media has a powerful influence over consumer tastes, political opinions, and culture at large. Click here to explore who owns the news in Australia. In third place we have Jim Mullen, CEO of Reach PLC (known as Trinity Mirror until 2018) with 140 outlets under its control including Daily Mirror, Daily Express, Manchester Evening News and the magazine OK! This equates to a combined monthly readership of over 1 billion people. Verizon CEO Hans Vestberg gives us an update on Verizon's ultra wideband 5G and talks about taking the stage with Tim Cook at the Apple iPhone event. full access for 30 days and then you cancel for a full refund, Daily Show Prep: Wednesday, September 2 - Casey Hendrickson - Radio Talk Show Host. New Verizon CEO: 8 Things to Know About Hans Vestberg, MoneyLine Podcast: Everything You Need to Know to Prepare for Tomorrow’s Election, 8 Ways to Make Money in a Turbulent Market, Trump vs. Biden: Stocks to Buy No Matter Who Wins the White House, 8 Tech Stocks Of Tomorrow Investors Should Buy Today, 7 Strong Nasdaq Stocks to Buy Before They Keep Marching Higher, 20 Election Stocks to Buy if Joe Biden Wins in 2020, 4 Stocks to Build a Better Growth Portfolio — With Income, Pick Your Entry Into Palantir Stock With Confidence. You can follow this link to learn more about the new Verizon CEO. For news sites that are owned by investment firms with a majority stake, the CEO or director of the investment firm was listed as the highest-level owner. Learn how your comment data is processed. Your email address will not be published. 2020 InvestorPlace Media, LLC. You will need to pay for the subscription, that’s a fact, but it allows full access for 30 days and then you cancel for a full refund. Click here to explore who owns the news in America. Hans Vestberg, the CEO of Verizon, doesn’t believe in philanthropy without a strategic purpose. ExpressVPN includes a 30-day money-back guarantee. The 25 CEOs that control the world’s biggest news outlets […], Your email address will not be published. According to a recent analysis from the Columbia Institute for Tele-Information research center, the market concentration of internet media has more than doubled since 2000. He has also been working to prepare VZ for the change over to 5G networks. : Media Concentration and Ownership around the World. Click here to explore who owns the news in the UK. He then went on to lead ERIC as its CEO in 2009 and served in this role for six years. One name towers above all the rest when it comes to owning media outlets, and that name is Michael Reed and he’s the CEO of New Media Investment Group. The Guardian is owned by the Scott Trust Limited, which exists solely to control the finances of the Guardian and ensure its editorial independence. Let’s turn out focus on Hans Vestberg with a few things to know about the new Verizon CEO. Club, into a new company named G/O Media Inc. That’s enough about McAdam, though. As media moguls continue to build their empires, and emerging conglomerates begin to expand into the news media industry, it is important to remain aware of who exactly owns the news. Several names are synonymous with media domination around the world: News Corp in the United States, the U.K., and Australia, Globo in Brazil, Yomiuri Shimbun in Japan. Advance Publications, which was founded by Samuel Irving Newhouse Sr. in 1922 and is still family-owned today, has a portfolio that includes Reddit, Vanity Fair, The New Yorker, and American City Business Journals. A significant share of the world’s media is owned by national governments. National online news media in Australia is essentially controlled by two companies: News Corp, through News Corp Australia, and Nine. Copyright © 2020 InvestorPlace Media, LLC. Some of the top media owners in the U.S. have dominated the news media landscape for over a century, and continue to grow in the era of digital news. All rights reserved. State ownership of media in English-speaking countries is dwarfed, however, by the Government of China’s media holdings.[1]. From 1987 to 2006, Australia had specific legislation limiting foreign ownership of media companies on the continent, as well as restrictions on cross-ownership of media companies meant to preserve the diversity of news media. The current CEO will remain as the Executive Chairman of the Board until he retires from the company at the end of 2018. This means that publications under the direction of Verizon Communications reach an incredible 52% of the world’s population. Hans Erik Vestberg is a businessperson who has been at the helm of 7 different companies and currently holds the position of Chairman & Chief Executive Officer for Verizon Communications, Inc. and Chairman & Chief Executive Officer of Cellco Partnership, Inc. (a subsidiary of Verizon Communications, Inc.). The New York Times Company is owned by the Sulzberger family and led by Arthur Ochs Sulzberger Jr. . Their no-questions-asked cancellation policy lives up to its name. Article printed from InvestorPlace Media, Verizon Communications Inc. (NYSE:VZ) has a new CEO in Hans Vestberg. Genealogy profile for Hans Vestberg Hans Vestberg - Genealogy View Hans Vestberg 's genealogy family tree on Geni, with over 200 million profiles of ancestors and living relatives. This will have him replacing current CEO Lowell McAdam. or Google, when so many surveys show that a great number of people get ALL their news from there? Also based in the US are the Newhouse family, who have built a media empire that includes 47 titles, with a combined monthly readership of 1.5 billion. This includes being a holder of several leadership roles at the company before becoming its Chief Financial Officer in 2007. For news sites that are owned or directly (or indirectly) controlled by the government (as is the case of the BBC, who since 2017 has had its board members selected by the UK government), the head of government was listed as the highest-level owner. The New York Times itself is published by his son, ... which itself is part of Verizon Communications, which is led by Lowell McAdam and Hans Vestberg. All rights reserved. Vestberg is also one of the founding members of the International Telecommunications Union (ITU) Broadband Commission for Digital Development. Data on average visitor traffic for the past one to three months and the relative rank of each news site came from Alexa, an Amazon company, and market intelligence provider SimilarWeb. [1] Despite these restrictions, today Australia has a relatively high degree of media concentration. To determine the companies and individuals that own the top news sites in the world, we identified the top owners of the news sites with the most monthly traffic as of December 2019. We then determined the parent companies behind each of these 50 outlets and identified all of the properties in their online media portfolios.

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