CHAPTER 15 TIMELINE

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CHAPTER 15 // TIMELINE
  • 1928 Disney Founded
 Disney begins as a small animation studio in Hollywood.
  • 1952 News Corp.
 Rupert Murdoch inherits two Australian news-papers from his father, beginning what will grow into the News Corp. media empire.
  • 1980s AT&T
 AT&T, a telephone monopoly approved and regulated by the government for more than a hundred years, is broken up.
  • 1985 GE Buys NBC
 The merger sets off a wave of media consolidation.
  • 1994 NAFTA and WTO
 NAFTA in 1994 and the WTO in 1995 further encourage trade and the export of certain jobs.
  • 1995 Disney Empire
 Disney buys ABC.
  • 1996 Time Warner
 The company buys Turner Broadcasting.
  • 1996 Media Merger
 The Telecommunications Act of 1996 unleashes a huge wave of media mergers.
  • 2001 AOL and Time Warner
 AOL, the largest Internet service provider at the time, merges with Time Warner, the largest media corporation.
  • 2009 More Cable Deregulation
 A U.S. federal court strikes down the FCC’s regulation limiting a cable company’s holdings to not more than 30 percent of the U.S. cable market.
  • 2011 Comcast Buys NBC
 Cable giant Comcast completes a deal to buy a majority share of NBC Universal.