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Local TV is a leading television station operator with more than 15 broadcast outlets serving mostly small- and mid-sized markets. About half the company's portfolio is made up of FOX network affiliates; it also operates stations affiliated with ABC, CBS, and NBC. Local TV's stations are located in more than a dozen states, mostly in the Midwest and Southeast. The company was formed in 2007 by private equity firm Oak Hill Capital Partners.

MacNeil/Lehrer Productions is a leading producer of documentary films and news programs, including its flagship show PBS NewsHour, which has aired on PBS since 1975 (when it was called The MacNeil/Lehrer Report). In addition to its nightly newscast, MacNeil/Lehrer Productions produces documentary films, provides multimedia production services, and produces community outreach forums for special interest groups. Journalists Robert MacNeil (who retired from the show in 1995) and Jim Lehrer formed the company in 1981; Liberty Media owns two-thirds of the business through its Liberty Capital tracking stock.

Modern Times Group MTG is one of Europe's leading diversified media conglomerates with operations in television, film, and the Internet. Its Viasat Broadcasting, the company's largest division, broadcasts more than 50 branded free-TV and satellite premium pay-TV channels in 30 countries, and has a total of some 125 million viewers. MTG also produces films and television shows through Modern Studios, and is the largest commercial radio operator in the Nordic region and the Baltic countries. In addition, MTG has Internet holdings that include online gaming operations and e-commerce sites.

NASCAR Media Group is an entertainment production and marketing company that holds exclusive rights to use and license footage from NASCAR racing events. It works with sponsors and other clients to incorporate NASCAR properties into corporate marketing efforts; it also provides post-production and other media services. On the entertainment side, NASCAR Media Group works helps create original films and TV programming. Its productions have included the feature film DALE (about the life of driver Dale Earnhardt) and the TV series Driven to Win (which aired on A&E's Bio channel).

Nelvana Limited is a leading producer and distributor of children's animated television programs, films, and home video. Its library of more than 3,000 half-hour episodes includes such characters as Babar, Berenstain Bears, and Franklin. The company supplies shows to broadcasters in more than 190 countries, including such TV outlets as the Disney Channel, Nickelodeon, and the UK's ITV. In addition to television programming, Nelvana manages consumer product licensing agreements associated with its properties, and produces children's books through Kids Can Press.

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