In this article, we take a look at top 5 live entertainment companies in the world. For more on this, go to Top 15 Live Entertainment Companies in the World.
5. Live Nation Entertainment
Current Market Cap: $17.82 billion
Established over a decade ago, Live Nation Entertainment ranks among the top 5 live entertainment companies in the world. It manages ticket sales, operates entertainment venues, and manages various music artists.
It is a large company with over 12,000 people employed and around $16.7 billion in revenues generated in 2022. With a market cap of $17.82 billion, it ranks 939th on the list of the most valuable companies in the world by market cap.
4. Galaxy Entertainment Group
Current Market Cap: $30.69 billion
Galaxy Entertainment Group is a Chinese company that owns and runs hotels and casinos globally. With 15,911 full-time employees and a market cap of $30.69 billion. the Galaxy Entertainment Group had a TTM revenue of $15,558,797 in 2022.
The share price of Galaxy Entertainment is $6.86 as of 7th May 2023. The company ranks 581st on the list of most valuable companies in the world by market cap.
3. The Oriental Land Company
Current Market Cap: $62.31 billion
The Oriental Land Company is a Japanese leisure and tourism company with a market cap of $62.31B (May 2023). The company operates theme parks, hotels, and land development operations. It has been in business for 62 years and also runs the Tokyo Disney Resort.
Standing in the 259th position on the list of the most valuable companies in the world by market cap, the Oriental Land Company generated a revenue of $2,454 million in 2022. The company has 8,782 people employed full-time.
2. Comcast Corporation
Current Market Cap: $169.21 billion
With a $121 billion TTM revenue in 2022, Comcast Corporation is one of the leading companies in the live entertainment industry. It was essentially a cable communications company but has expanded to media, studios, theme parks, and sky segments over the years.
Comcast Corp has multiple subsidiaries through which it has made a mark in the Live Entertainment industry. These include Universal Parks & Resorts, and Comcast Spectacor — an American sports and entertainment company. The company currently has 186,000 staff members employed and a market cap of $169.42 billion.
1. The Walt Disney Company
Current Market Cap: $183.06 billion
The Walt Disney Company contributes the most to the Live Entertainment Industry. With a market cap of $183.06 billion, the company is more commonly known as Disney and has been a household name for decades. It has theme parks around the world and is ranked as the 57th most valuable company in the world by market cap.
In 2022, Disney generated more than $82.7 billion in revenue. It has employed well over 0.2 million people, with 55% of them being women. As of 2023, analysts predict that Disney’s share price could go up to $128.38 by the first quarter of 2024 and up to $250 by 2025.
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