In this article, we’ll discuss the 5 biggest streaming and TV companies in the US. If you want to read our detailed analysis of streaming and TV companies in the US, then check out the 15 Biggest Streaming and TV Companies in the US.
5. Paramount+
Estimated 2022 Revenue: $8 billion
Paramount+ stands as a streaming service within the Paramount Global family, offering subscription-based, on-demand internet streaming. Its content primarily derives from CBS Media Ventures, CBS Studios, Paramount Media Networks, and Paramount Pictures, encompassing original series, films, live sports coverage, and, within the United States, live broadcasts of local CBS stations. Although it’s a relatively recent entrant, launching in March 2021 as a rebranding of CBS All Access, Paramount+ has swiftly expanded. It gained almost 700,000 new subscribers during Q2 2023 and exceeded 61 million subscribers following its merger with Showtime. Furthermore, Paramount+ is actively investing in content creation and production, with the aim of both attracting and retaining its user base.
4. HBO Max
Estimated 2022 Revenue: $13.2 billion
HBO Max is a streaming service that combines content from HBO’s cable channel with exclusive shows and movies from Warner Bros. Discovery. It also offers original series, films, live sports coverage, and, within the U.S., live streams of local HBO stations. HBO Max is accessible in the United States, Latin America, and select parts of Europe. Additionally, it’s compatible with a wide range of platforms, including smart TVs, connected TV devices, online access, mobile devices, gaming consoles, and leading OTT providers. As of Q2 2023, HBO Max had reached a global subscriber count of 69.4 million, with a significant increase of over 10 million new subscribers during that quarter.
3. Disney+
Estimated 2022 Revenue: $13.5 billion
Disney+ is a well-known streaming platform introduced in November 2019, becoming a vital part of Disney’s expanding direct-to-consumer portfolio, which also encompasses ESPN+, Hulu, and Hotstar. While Disney+ may offer a more modest content library compared to giants like Netflix or Amazon, its forte lies in delivering high-quality content through partnerships with Pixar, Lucasfilm, and Marvel. As of March 2021, Disney+ had amassed an impressive subscriber base of over 100 million users, solidifying its position as a primary choice for consumers alongside Netflix and Amazon Prime. Furthermore, Disney+ aspires to become the world’s largest streaming service, with a target of reaching 260 million subscribers by 2024.
2. Amazon Prime Video
Estimated 2022 Revenue: $17.5 billion
Amazon Prime Video offers an extensive library of movies and TV shows, making it a preferred destination for entertainment enthusiasts. The platform has made significant investments in creating exclusive series that aren’t available on other platforms, attracting new users and retaining its existing audience. Thanks to these endeavors, Amazon Prime Video has become the dominant player in the streaming industry, holding a substantial market share and a large subscriber base.
1. Netflix
Revenue: $31.6 billion
Netflix is the largest streaming company globally, with over 232 million subscribers as of the first quarter of 2023. It’s also the most popular video streaming service in many countries, having more than 220 million customers in 78 nations. A survey commissioned by Forbes Home found that 90% of American consumers subscribe to streaming services, making them very popular. Additionally, Netflix was the first to start mainstream streaming in 2007, and it has been a leader in the industry ever since.
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