Thanks to Kannan for this. I was always confused as to who r the players in the media industry.
1) AOL TW- I think we know abt them :-))) - one point to add is that they
also own MAD magazine ;-)))). CNN, Cable biz, Time,AOL,Cartoon network.
2) Viacom - owns MTV, CBS TV, Paramount pics,
3) Sony - Columbia Pictures and Music, and also Playstation
4) Vivendi - now with NBC (which is GE) - Universal Music and Pictures,
Theme parks, StudioCanal in France - one of the largest French giants.
5) Disney - is still independent. Walt Disney pictures, Disneylands, ABC
network and lots of other film studios
6) Bertelsmann - BMG Records, Random House publ and other big publishing
houses. Dominates germany- also Napster.
7) NewsCorp - owned by Rupert Murdoch - more into press. and very big in
other regions too - UK, India, Asia. and ur question - It owns FOX. (Tv as
well as 20th century). Star stake in India!!

Cable cos in the US - Comcast(AT&T), and the rest owned by Warner, Disney and Viacom. HBO?? AT&T??.
The real battle is at the access side wherein DSL and Cable Modems are battling it out to get broadband to the consumer. Even voice is now being offered by cable companies which is coming out as a real threat to the telcos.

Latest update: (26th Sep 2003)
EMI began talks with AOL Time Warner over a $1.6 billion bid for the American media giant's music arm. AOL Time Warner had just broken off exclusive negotiations with Germany's Bertelsmann Music Group. BMG was reportedly investigating an alternative tie-up with Sony Music.