1999 REVENUES
COMPANY   (billions)

CLT-UFA/     $3.6      Merged companies would have widest
PEARSON TV             geographical spread and most programming.
                       Public listing may spur CLT-UFA management.

CANAL        3.2       Dominant pay-TV player in France, but in
PLUS                   the red because of costly ventures outside
                       of France.

KIRCH-       3.0       Largely German-bound. Murdoch recently bought
GRUPPE                 a stake in the pay-TV unit, but whole company
                       may eventually be sold.

BSKYB        2.4       Murdoch's satellite broadcaster dominates
                       British pay-TV. Faces rising sports-rights
                       costs. Murdoch is trying to build a global
                       platform.

MEDIASET     1.9       Berlusconi's company may be looking for a
                       deal, perhaps with Murdoch or Telecom Italia.

DATA: CLT-UFA/PEARSON, BUSINESS WEEK