# Inside Burbank’s $7.4 Billion Media Ecosystem: Studio Conglomerates, Prop. 13 Land Shields, Wall Street Landlords & Local News

> Burbank Ledger — Independent civic data for Burbank, California

Comprehensive financial, corporate-structure, and LA County Assessor parcel audit of Burbank's 1,000+ Dun & Bradstreet media establishments ($7.41B local establishment sales, 16,587 workers): Tier 1 conglomerates (Walt Disney Co. NYSE: DIS $3.70B local sales across 26 units; Warner Bros. Discovery NASDAQ: WBD & Warner Music Group NASDAQ: WMG $2.34B across 32 units; Comcast/NBCUniversal $448.4M; Estrella Media / MediaCo Holding Inc. NASDAQ: MDIA backed by Standard General & HPS Investment Partners $50.5M; KCET / Public Media Group of Southern California $53.5M; iHeartMedia NASDAQ: IHRT; Nickelodeon/Paramount; Netflix Animation; Sony/Insomniac Games); Tier 2 institutional landlords & Prop. 13 land disparity (Disney's 42.8-acre 1940 main lot land assessed at $11.42M or $266.7K/acre vs. Worthe Real Estate Group & Stockbridge Capital Group's reassessed 30.1-acre Warner Bros. Ranch Lot at $131.70M or $4.38M/acre — 16.4x higher per acre — plus Worthe/Stockbridge's $475M Second Century CMBS loan, $218.1M Pointe, Hudson Pacific/Blackstone's $159.9M 3300 Olive, and Douglas Emmett's $140.2M Studio Plaza); Tier 3 production/post supply chain (908 independent vendors with $643.2M sales and 4,204 workers, plus FotoKem Industries 1,000 workers/$57.2M, Technicolor 597 workers/$39.6M, Deluxe/Stereo D/Company 3 314 workers/$77.8M, Thinkwell/TAIT 115 workers/$9.8M); and Tier 4 local civic journalism (Burbank Leader 2020 Nant Capital/LA Times closure & Outlook Newspapers Group revival, myBurbank independent digital newsroom at 3000 W. Alameda Ave, and The Burbank Channel TV6 municipal PEG fee model).

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