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LIN TV owns and operates about 30 stations serving nearly 20 markets in about a dozen states. Its portfolio of stations includes affiliates with all the major networks -- mostly CBS and FOX -- as well as stations affiliated with smaller networks The CW Network and MyNetworkTV. Many of the company's stations operate as duopolies with two stations serving a single market. In addition, LIN Media owns 20% of a joint venture with NBC Universal parent General Electric that operates NBC stations in Dallas and San Diego. Dallas-based private equity firm HM Capital Partners controls 35% of the company.

Lion Television is a leading production company that creates TV programming for broadcast in the UK and the US. The company's productions have included entertainment and drama series, as well as reality-based shows and documentaries. It has produced such shows as Hello Goodbye (for British Sky Broadcasting's SKY One), Summer of Noise (ITV), and Trading Places (BBC), as well as Cash Cab (Discovery Channel) and History Detectives (PBS). Founded in 1997, Lion Television is part of production and distribution conglomerate All3Media.

LMNO Productions is a leading producer of documentary and other non-fiction programming for television. It has created more than 600 programs and 50 different series, including Final Justice with Erin Brockovich (for Lifetime), The Little Couple (Discovery Communication's TLC), and Over Your Head (HGTV). The company's early hits included Kids Say the Darndest Things (CBS) hosted by Bill Cosby. In addition to TV productions, LMNO produces a variety of educational and commercial videos for corporate clients through LMNO Media Group. CEO Eric Schotz started the company in 1989.

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.

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