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Management theorists have been predicting the death of conglomerates for decades.
They sell on rights to broadcast media conglomerates for extraordinary fees.
Executives at radio conglomerates, for their part, argue that their own research shows they are giving consumers exactly what they want.
He called the investigation "silly," adding that there are far worse things on cable, not to mention media conglomerates, for the government to look into.
Poets are given vast fees by international conglomerates for their latest eclogues, while screenwriters live in poverty, paid a pittance for their largely ignored outpourings.
Both of those companies were started by Internet entrepreneurs and are still independently owned, so it is hard to blame big media conglomerates for those particular trends.
Similar(44)
He sold Pacesetter in 1985 to Siemens, a German conglomerate, for about $150m.
A Stanford-educated engineer, she ably ran Temasek's defence conglomerate for a decade.
Colonel Qaddafi's regime has done business with the Italian conglomerate for decades.
In 2004, Kroll sold his company to Marsh & McLennan, an insurance conglomerate, for nearly two billion dollars in cash.
In December, HSBC agreed to sell its stake in China's Ping An Insurance to a Thai conglomerate for $9.4 billion.
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