In this article, we discuss the 5 most valuable entertainment companies in the world. If you want to read our detailed analysis of the entertainment industry, go directly to the 16 Most Valuable Entertainment Companies in the World.
5. Charter Communications, Inc. (NASDAQ: CHTR)
Market Cap: $144.4 billion
Total Revenue: $48.1 billion
Charter Communications, Inc. (NASDAQ: CHTR) is an American telecommunications and mass media company with services branded as Charter Spectrum. Charter Communications, Inc. (NASDAQ: CHTR) is the second-largest cable provider in the U.S., right after Comcast Corporation (NASDAQ: CMCSA), and it is also the third-largest pay-TV operator after Comcast Corporation (NASDAQ: CMCSA) and AT&T Inc. (NYSE: T). In 2020, Charter Communications, Inc. (NASDAQ: CHTR) generated gross profits of up to $18.2 billion. The company has over 96,000 employees and serving more than 31 million customers in 41 states through its Spectrum brand.
EvgeniiAnd/Shutterstock.com
4. AT&T Inc. (NYSE: T)
Market Cap: $201.3 billion
Total Revenue: $171.8 billion
Among the top 5 of the 16 most valuable entertainment companies in the world, we have AT&T Inc. (NYSE: T). AT&T Inc. (NYSE: T) is an American multinational conglomerate that provides telecommunication, media, and technology services across the globe. It is also the largest provider of mobile telephone services in the U.S. The company swooped into the entertainment industry after buying Time Warner for $85.4 billion in 2016 and renaming it to WarnerMedia. WarnerMedia operates cable networks, provides a video-on-demand (VOD) streaming platform under the HBO Max and HBO GO names, and multichannel pay television services under the names HBO and Cinemax. AT&T Inc. (NYSE: T) reported gross profits of $91.8 billion.
Ken Wolter / Shutterstock.com
3. Netflix, Inc. (NASDAQ: NFLX)
Market Cap: $230.9 billion
Total Revenue: $25 billion
Netflix, Inc. (NASDAQ: NFLX) ranks at number 3 of the 16 most valuable entertainment companies in the world, boasting a market capitalization of $228.3 billion. Over 209 million people have subscribed to Netflix, Inc. (NASDAQ: NFLX). In fact, people were using Netflix so much that European countries asked Netflix, Inc. (NASDAQ: NFLX) to lower its quality slightly to lower bandwidth consumption, which it did. In 2020, Netflix, Inc. (NASDAQ: NFLX) reported gross profits of $9.7 billion.
Copyright: lculig / 123RF Stock Photo
2. Comcast Corporation (NASDAQ: CMCSA)
Market Cap: $272.2 billion
Total Revenue: $103.6 billion
Comcast Corporation (NASDAQ: CMCSA) is one of the biggest entertainment companies in the world. It is the most valuable cable and TV services provider in the United States by market capitalization. It is the second-largest broadcasting and cable television company in the world by revenue right after AT&T Inc. (NYSE: T). Comcast Corporation (NASDAQ: CMCSA) has over 168,000 employees and reported about 19.35 million pay-TV subscribers in the first quarter of 2021. In 2020, Comcast Corporation (NASDAQ: CMCSA) generated gross profits that amounted to $70.4 billion.
tiziano-brignoli-aTXxr0gfQzg-unsplash
1. The Walt Disney Company (NYSE: DIS)
Market Cap: $329 billion
Total Revenue: $65.4 billion
Topping our list of the 16 most valuable entertainment companies in the world, The Walt Disney Company (NYSE: DIS) has a market cap of $329 billion. The company is the creator of some of the most famous cartoon characters in the world, such as Mickey Mouse, and Donald Duck. Despite being the most valuable entertainment company in the world, The Walt Disney Company (NYSE: DIS) suffered a net loss of $2.5 billion on revenue of $65.4 billion, mainly due to the effect of the Coronavirus pandemic on film studios.
Copyright: blanscape / 123RF Stock Photo
You can also take a peek at 10 Best Streaming Stocks to Buy Now and 10 Best Communication Stocks to Buy Now.
