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With American media moguls AOL Time Warner, Disney ABC, AT&T and Microsoft making the transition into the global media market in the past two decades, foreign conglomerates like Telefonica, MediaCorp-Fox, and Sony are following suit. In expanding their reach around the globe and in making globalization their main focus, these foreign companies have slowly been buying up major American media companies. Chapter 15 discusses the “Globalization of Communications media and its organizations that distribute and regulate it. While American television and other American made media are still very appealing to the internationa