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Google is biggest media company in the world

Well, according to its stock price it certainly is. Google has now overtaken Time Warner, delegating it to 2nd spot on the ladder. As the BBC this news story states:
After its shares hit an all-time high on the New York markets on Tuesday, Google is now worth $80bn (£44bn). This takes it ahead of media leviathan Time Warner, which is valued at $78bn.

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