Google – most highly valued media compan

Google has gone straight to the top of the list for the world’s mpst valuable media company. Google has only been available on the stock market for less than 10 months but has already taken command over the list with a value of 80 billion dollar. A quite neat value and those who bought the stock at the introduction price 80 dollar should be quite pleased as it is now worth 293 dollar at Nasdaq. The world’s second most valuable company Time Warner is worth approximately 78.1 billion dollar. Yahoo Inc., also a quite large Internet media company, has a market value of 53 billion dollar, which actually looks kind of tiny in comparison. Google continues to grow and the question is how far can they actually expand on the media market.

Source: Reuters