Introduction This essay will start by giving an outline of the global media system and how it developed over time. The modern era is commonly described as one of globalization democratization, and technological revolution. In all the three areas, communication and media play an inevitable fundamental role. Both economic and civil globalization would be possibly impractical devoid of a global commercial media structure. The very essence of the technological revolution is the radical development in digital communication and computing. In the past three decades, locally owned television, radio daily industries, films, music and books characterized public media systems. The media systems were largely dominated by U.S. based firms. Today, globalization is apparent and although American media feature prominently within the global scene, other countries across the world are engaging in media heavily (Hills, 2002, p. 3). A number of firms govern the globalized media system. The six largest include; Vivendi-Universal (French), AOL, Time Warner (U.S.), Disney (U.S.), Viacom (U.S.), Rupert Murdoch’s News Corporation (Australian) and Bertelsmann (German). Other four main global firms that are also inclusive include; AT&T (U.S.), Microsoft (U.S.), General Electric/NBC (U.S.) and Sony/Columbia/ TriStar (Japanese) (Variety, 2002). The media system is growing and globalizing speedily. Time Warner and Disney created approximately 15 percent of their proceeds outside the United States in 1900, a digit that increased to 30-35 percent by the year 2002. Besides global firms is another group of media firms that earn between $1 billion and $8 billion yearly from media-related trade. These firms tend to have either nationwide or cultural linguistic monopoly, or focus on particular global places. For instance, the BBC concentrates in news. About half happen to be American (Gannet, Comcast and Advanced) while the majority of the remaining ones are from Europe (Hachette, EMI, Reuters, Havas, BBC) or Canada. A good number are found in East Asia (NHK, TVB, Fuji, Chinese, Asahi, and Central TV) and Latin America (TV Globo, Clarin/Argentina Televisa). It is thus evident that whereas previously media systems were principally national, global commercial-media market has emerged in the past few years and this has been made possible by the development of communication technologies (Hills, 2002, p. 3). Discussion Creation of Global Media Market through Development of Communication Technologies Technology is elemental for human civilization and its advancement. Historically, with the progress in technologies, civilization has had enormous impact in all spheres of life (social, political and economic fields). Advancement has occurred from agricultural based society to a developed society with key innovation in technologies. Today, human beings are in the Information age that is embarking to be the guide in the ‘post industrial-age’ (Mowlana, 2005, p. 175). However, the exchange of information and communication has occurred in the olden times, though in a traditional form. It evolved from clay tablet in Mesopotamian, Papyrus roll in prehistoric Egypt and Greece, paper in China that then moved to Europe. It is from Euro