TOP 23 Entertainment SubIndustry Q3/2023

#23 Literary Agencies

Description: Literary Agencies are companies that represent authors and their works in the publishing industry. These agencies act as intermediaries between authors and publishers, helping authors negotiate book deals, secure publishing contracts, and manage their intellectual property rights. The key players in this industry include well-established agencies like William Morris Endeavor (WME), Creative Artists Agency (CAA), and United Talent Agency (UTA). These agencies have a wide range of clients, including bestselling authors, emerging writers, and celebrity authors. Literary agencies are primarily active in major publishing markets such as New York, London, and Los Angeles, where they maintain strong relationships with publishers and editors. The industry has been significant for decades, but it experienced major changes with the advent of digital publishing and the rise of self-publishing platforms. With the continuous growth of the global book market and the increasing demand for diverse voices, the literary agency sector offers significant opportunities for aspiring authors and agents to discover and promote fresh talent, negotiate favorable deals, and navigate the evolving landscape of the publishing industry.

#22 Radio

Description: The Radio industry is a prominent sector within the Entertainment industry. It involves the production, broadcasting, and distribution of audio content through radio waves. Key players in this industry include radio broadcasting companies, such as iHeartMedia and Cumulus Media, as well as satellite radio providers like Sirius XM. The primary audience for radio consists of listeners who tune in to various genres of music, talk shows, news, and sports broadcasts. Radio stations are prominently active in countries worldwide, with a significant presence in the United States, Europe, and Asia. The industry experienced major changes with the advent of digital radio and the internet, allowing for the expansion of online streaming services and podcasts. The Radio industry is noteworthy for future opportunities due to its ability to adapt to new technologies and platforms, offering diverse content options to a wide range of listeners.

#21 Concert Promotion

Description: The Concert Promotion industry is a thriving sector within the Entertainment industry. It involves the organization, promotion, and production of live music concerts and events. Key players in this industry include major concert promoters such as Live Nation Entertainment, AEG Presents, and OVG Presents. These companies work closely with artists, venues, and sponsors to plan and execute concerts that attract large audiences. The industry is prominently active in major cities around the world, with notable concert venues including Madison Square Garden in New York, The O2 Arena in London, and the Staples Center in Los Angeles. Concert promotion became significant in the mid-20th century with the rise of rock and pop music, and it has since experienced major changes due to advancements in technology, ticketing platforms, and marketing strategies. The Concert Promotion industry presents noteworthy opportunities for the future as live music continues to be a popular form of entertainment, and the demand for concerts and festivals remains high. With the potential for global expansion and the integration of virtual experiences, this sector is poised for further growth and innovation.

#20 Record Labels

Description: Record Labels are a key player in the Entertainment industry, specializing in the production, distribution, and promotion of recorded music. Major record labels such as Universal Music Group, Sony Music Entertainment, and Warner Music Group dominate this sector. These labels sign artists, produce their music, and handle the marketing and distribution of albums and singles. The key audiences for record labels are music listeners, both physical and digital. Record labels are prominently active in major music markets around the world, including the United States, Japan, the United Kingdom, and Germany. The industry became significant in the early 20th century with the rise of phonograph records and experienced major changes with the advent of digital music platforms and streaming services in the late 20th and early 21st centuries. The record labels industry is noteworthy for future opportunities due to the increasing demand for music streaming, the growth of global music markets, and the potential for discovering and promoting new talent.

#19 Celebrity Management

Description: The Celebrity Management industry is a key component of the Entertainment sector, dedicated to the representation and promotion of celebrities across various fields. The industry encompasses talent agencies, public relations firms, and management companies that work to cultivate and manage the careers of celebrities. Key players in this industry include major talent agencies like Creative Artists Agency (CAA), William Morris Endeavor (WME), and United Talent Agency (UTA), as well as renowned management companies like The Firm and Magnolia Entertainment. The primary audiences for celebrity management are entertainment industry stakeholders such as film studios, television networks, advertising agencies, and brands seeking endorsement deals. Additionally, the general public plays a significant role as consumers of celebrity-driven content. The industry is prominently active in entertainment hubs like Hollywood, Los Angeles, and New York City, where major talent agencies and management companies are headquartered. The Celebrity Management industry became increasingly significant with the rise of mass media and the advent of celebrity culture in the mid-20th century. It has since experienced major changes driven by technological advancements, such as the rise of social media and digital platforms, which have transformed the way celebrities are managed and marketed. This sector is noteworthy for future opportunities due to the continuous demand for talent representation and the potential for growth in emerging markets, as well as the increasing importance of digital media and influencer marketing.

#18 Gaming Accessories

Description: The Gaming Accessories industry is a thriving sector within the Entertainment industry. It encompasses companies that design, manufacture, and sell accessories specifically tailored for gaming purposes. Key players in this industry include well-known brands such as Logitech, Razer, Corsair, and SteelSeries. The primary audience for gaming accessories consists of gamers of all ages and skill levels, ranging from casual players to professional esports athletes. The industry is prominently active in regions with a strong gaming culture, such as North America, Europe, and Asia. In recent years, the Gaming Accessories industry has experienced significant growth and innovation, driven by advancements in technology and the increasing popularity of video games. This sector presents noteworthy opportunities for future growth, as the demand for gaming accessories continues to rise and new gaming platforms, such as virtual reality and cloud gaming, gain traction in the market.

#17 Movies

Description: The Movies industry is a highly lucrative sector within the broader Entertainment industry. It encompasses the production, distribution, and exhibition of films for entertainment purposes. Key players in this industry include major film studios such as Warner Bros., Universal Pictures, and Walt Disney Studios, as well as independent production companies. The primary audience for movies is diverse, encompassing people of all ages and demographics who seek entertainment and storytelling through the medium of film. The industry is prominently active and relevant worldwide, with major film markets in Hollywood (USA), Bollywood (India), and Nollywood (Nigeria). The movies industry experienced major changes with the advent of sound in the late 1920s, the rise of digital filmmaking in the 2000s, and the increasing prominence of streaming platforms. With its immense revenue generation potential and continued global demand for movies, the industry presents noteworthy opportunities for future growth and innovation.

#16 Audio Equipment

Description: The Audio Equipment industry encompasses companies involved in the design, manufacturing, and distribution of various audio devices and equipment used in the entertainment sector. Key players in this industry include well-known companies such as Bose, Sony, and Sennheiser. The primary audiences for audio equipment range from professional musicians, sound engineers, and DJs to general consumers seeking high-quality audio experiences. This industry is prominently active globally, with significant markets in North America, Europe, and Asia. The Audio Equipment industry experienced major changes with the advent of digital technology, leading to the development of advanced audio devices and wireless audio solutions. With the growing demand for immersive audio experiences, the industry presents noteworthy opportunities for future growth and innovation, particularly in areas such as virtual reality, augmented reality, and smart home audio systems.

#15 Streaming Services

Description: The Streaming Services industry is a rapidly growing sector within the Entertainment industry. It encompasses companies that provide on-demand video and audio content to consumers over the internet. Key players in this industry include subscription-based services like Netflix, Amazon Prime Video, and Disney+, as well as ad-supported platforms like YouTube. The audience for streaming services is vast and diverse, ranging from young millennials to older adults, with a growing global adoption. Streaming services are prominently active and relevant worldwide, with major markets in the United States, Europe, and Asia. The industry has experienced significant growth and major changes in recent years, with the rise of original content production, the shift from traditional cable TV to streaming platforms, and the emergence of new players in the market. The Streaming Services industry is a noteworthy sector for future opportunities due to the increasing consumer demand for on-demand content, the potential for international expansion, and the continuous innovation in technology and content delivery.

#14 Music

Description: The Music industry is a prominent sector within the Entertainment industry. It encompasses various key players such as major record labels like Universal Music Group, Sony Music Entertainment, and Warner Music Group, as well as independent labels, streaming platforms like Spotify and Apple Music, and live event companies such as Live Nation Entertainment. The industry primarily caters to a wide range of audiences including music enthusiasts, concert-goers, and consumers of digital music platforms. Music is prominently active and relevant worldwide, with major markets in the United States, Europe, and Asia. The industry has experienced significant changes over the years, with the advent of digital music and streaming services revolutionizing the way music is consumed and distributed. It became a major force in the late 20th century with the rise of iconic artists and the commercial success of blockbuster albums. The Music industry is a noteworthy sector for future opportunities due to its continued growth potential, the increasing popularity of streaming services, and the constant demand for live music experiences.

#13 Film Studios

Description: The Film Studios industry is a prominent sector within the Entertainment industry. It consists of major film production companies that are responsible for creating and distributing movies to audiences worldwide. Key players in this industry include renowned studios such as Walt Disney Studios, Warner Bros. Pictures, Universal Pictures, and Paramount Pictures. These studios employ a large number of talented individuals, including actors, directors, producers, and technical staff, to bring their creative visions to life. Film studios are primarily active in Hollywood, California, which is widely recognized as the global hub of the film industry. The industry saw significant growth and major changes during the early 20th century with the advent of sound in movies and the rise of the studio system. Today, the Film Studios industry continues to be a noteworthy sector with immense future opportunities, as demand for high-quality content remains strong and the global box office continues to generate substantial revenue.

#12 Ticketing

Description: The Ticketing industry is a vital component of the Entertainment sector, facilitating the sale and distribution of tickets for various events, including concerts, sports matches, theater performances, and festivals. Key players in this industry include Ticketmaster, Live Nation Entertainment, and StubHub. These companies dominate the ticketing market and provide platforms for both event organizers and consumers to buy and sell tickets. The primary audience for the ticketing industry consists of event-goers who seek convenient and secure ways to purchase tickets for their favorite shows or games. The industry operates globally, with prominent activity in major cities around the world, such as New York, London, Tokyo, and Sydney. The Ticketing industry became significant in the late 20th century with advancements in technology, particularly the internet, which revolutionized the ticketing process and allowed for online ticket sales. This industry is noteworthy for future opportunities due to the increasing demand for live entertainment experiences, the rise of digital ticketing platforms, and the potential for innovation in areas such as mobile ticketing, blockchain ticketing, and personalized event experiences.

#11 Animation

Description: The Animation industry is a prominent sector within the Entertainment industry. It encompasses the creation and production of animated content, including films, television shows, video games, and digital media. Key players in this industry include major animation studios such as Walt Disney Animation Studios, Pixar Animation Studios, DreamWorks Animation, and Studio Ghibli. These companies employ a large number of artists, animators, and technicians to bring their creative visions to life. The primary audience for animated content consists of children and families, although animated films and shows have gained significant popularity among adults as well. The Animation industry is prominently active in countries like the United States, Japan, and Canada, where major animation studios are based. It has experienced major changes and advancements in technology, particularly with the advent of computer-generated imagery (CGI) and 3D animation. This industry presents noteworthy opportunities for future growth and innovation, as the demand for high-quality animated content continues to rise in both traditional and digital media platforms.

#10 Publishing

Description: Publishing is a dynamic industry within the broader entertainment sector, encompassing the creation, production, and distribution of various forms of written content. Key players in this industry include major publishing houses, independent publishers, and self-publishing platforms. The primary audience for published works consists of avid readers and consumers of literary content. Prominent publishing hubs can be found in major cities worldwide, such as New York, London, and Tokyo. The industry has experienced significant changes with the advent of digital platforms, which have revolutionized distribution and accessibility of books and magazines. Additionally, the rise of self-publishing has opened new opportunities for aspiring authors. With a vast global market and evolving consumer preferences, the publishing industry remains a noteworthy sector for future opportunities, offering diverse content and fostering creativity.

#9 Video Games

Description: The Video Games industry is a thriving sector within the Entertainment industry. It encompasses the development, publishing, and distribution of video games across various platforms, including consoles, PCs, and mobile devices. Key players in this industry include major companies such as Electronic Arts, Activision Blizzard, and Sony Interactive Entertainment. With a global audience that spans both casual gamers and dedicated enthusiasts, the industry caters to a wide range of demographics. The Video Games industry is prominently active worldwide, with significant markets in North America, Europe, and Asia. It experienced major changes and became significantly influential in the late 20th century with the rise of home gaming consoles and the advent of popular franchises like Super Mario and Sonic the Hedgehog. This sector is noteworthy for future opportunities due to its continuous innovation, technological advancements, and the increasing integration of virtual reality and augmented reality technologies in gaming experiences.

#8 Online Media

Description: The Online Media industry is a rapidly growing sector within the Entertainment industry. It encompasses various digital platforms and websites that provide news, information, and entertainment content to a global audience. Key players in this industry include social media platforms like Facebook, Twitter, and Instagram, as well as content streaming services like Netflix, Hulu, and YouTube. These platforms have millions of active users and generate significant revenue through advertising and subscription models. Online Media is prominently active and relevant across the globe, with users accessing content from anywhere with an internet connection. The industry experienced major changes and became significant in the early 2000s with the rise of social media and the widespread availability of high-speed internet. As technology continues to advance and more people gain access to the internet, the Online Media sector presents numerous opportunities for growth and innovation in the future.

#7 Sports Entertainment

Description: The Sports Entertainment industry combines the excitement of sports with the entertainment value of live events and broadcasts. Key players in this industry include major sports leagues such as the NFL, NBA, MLB, and NHL, as well as sports entertainment companies like WWE. The audience for this industry is diverse, ranging from passionate sports fans to casual viewers seeking entertainment. Sports Entertainment is prominently active in countries like the United States, where it has a strong foothold, as well as globally through international competitions such as the Olympic Games and FIFA World Cup. This industry has experienced major changes in recent decades, with advancements in technology revolutionizing the way sports are consumed and broadcasted. The rise of streaming platforms and social media has opened up new avenues for engagement and revenue generation. With its massive audience and potential for lucrative partnerships, the Sports Entertainment industry presents significant opportunities for future growth and innovation.

#6 TV Shows

Description: The TV Shows industry is a thriving sector within the Entertainment field. It encompasses the production, distribution, and broadcasting of television programs across various genres such as drama, comedy, reality, and more. Key players in this industry include major networks like NBC, CBS, ABC, and streaming platforms like Netflix, Hulu, and Amazon Prime Video. The industry is prominently active in countries like the United States, United Kingdom, Canada, and Australia, where it has a significant cultural and economic impact. The TV Shows industry experienced major changes with the advent of digital streaming platforms, which disrupted traditional broadcasting models and allowed for more diverse content and on-demand viewing. This sector is noteworthy for future opportunities due to the increasing demand for original content, the emergence of new streaming platforms, and the global expansion of television production and distribution. As a result, the industry is expected to continue to grow, providing employment opportunities for millions of professionals and generating substantial revenue.

#5 Live Events

Description: The Live Events industry encompasses the production and organization of various forms of entertainment events, including concerts, festivals, sports games, theater performances, and conferences. Key players in this industry include event production companies, concert promoters, venue operators, and ticketing platforms. Audiences for live events range from music lovers and sports enthusiasts to theater aficionados and industry professionals. The industry is prominently active worldwide, with major event hubs in cities like Los Angeles, New York, London, and Tokyo. The Live Events industry has experienced significant growth and major changes over the years, with advancements in technology enhancing the production value and reach of events. It has also faced challenges due to the COVID-19 pandemic, leading to the adoption of virtual and hybrid event formats. This industry presents noteworthy opportunities for future growth and innovation, as it continues to evolve and adapt to changing audience preferences and technological advancements.

#4 Event Production

Description: The Event Production industry is a dynamic sector within the Entertainment parent industry. It encompasses the planning, organization, and execution of various events such as concerts, festivals, conferences, and sporting events. Key players in this industry include event production companies, event planners, audiovisual companies, and staging and lighting providers. The primary audiences for these events are diverse, ranging from music enthusiasts and corporate professionals to sports fans and industry professionals. The industry is prominently active in major cities around the world, with notable hubs in Los Angeles, New York, London, and Tokyo. Event production has experienced significant growth and major changes over the past few decades, with advancements in technology, social media, and experiential marketing transforming the way events are produced and consumed. This sector is noteworthy for future opportunities due to the increasing demand for live experiences, the rise of virtual and hybrid events, and the potential for innovation in areas such as immersive technologies and sustainability practices.

#3 Performing Arts

Description: The Performing Arts industry is a vibrant sector within the Entertainment parent industry. It encompasses a wide range of artistic disciplines such as theater, dance, opera, and music. Key players in this industry include renowned theater companies, dance troupes, opera houses, and music venues. Audiences for performing arts span across different demographics, from theater enthusiasts and ballet aficionados to opera lovers and concert-goers. The industry is prominently active in major cultural hubs around the world, including New York City's Broadway, London's West End, and Vienna's State Opera. The Performing Arts industry has experienced major changes throughout history, with significant milestones including the emergence of modern theater in ancient Greece, the Renaissance period in Europe, and the rise of avant-garde movements in the 20th century. This sector is noteworthy for future opportunities due to its capacity for creative innovation, cultural enrichment, and its potential to captivate audiences through live performances.

#2 Digital Content Creation

Description: The Digital Content Creation industry encompasses companies and individuals involved in the creation, production, and distribution of digital content for entertainment purposes. Key players in this industry include major film studios, television networks, streaming platforms, video game developers, music labels, and online content creators. The industry is prominently active in global entertainment hubs such as Hollywood, Los Angeles, New York, London, and Mumbai. With the proliferation of digital technologies and the rise of online platforms, the Digital Content Creation industry has experienced significant growth and transformation in recent years. The increasing demand for high-quality digital content from audiences worldwide has made this sector a noteworthy opportunity for future growth and innovation. As the industry continues to evolve, there is a constant need for creative talent, technological advancements, and strategic partnerships to meet the ever-changing demands of consumers in the digital age.

#1 Broadcasting

Description: The Broadcasting industry is a prominent sector within the Entertainment industry. It involves the production, distribution, and transmission of audio and video content to a wide audience. Key players in this industry include major television networks, cable and satellite providers, streaming platforms, and production companies. The audience for broadcasting is vast, ranging from individuals who consume content through traditional television to those who prefer online streaming services. Broadcasting is prominently active in countries all over the world, with major hubs in the United States, Europe, and Asia. The industry has experienced significant changes and advancements in recent years, driven by technological innovations and shifting consumer preferences. With the rise of streaming platforms and the increasing demand for personalized content, the Broadcasting industry offers numerous future opportunities for content creators, advertisers, and technology providers.

The article uncovers critical findings, including a surge in automation adoption and the rise of sustainability as a key concern in the entertainment industry.

These findings have significant implications for companies operating in this sector, with opportunities for innovation and a growing need for sustainable practices.

Looking ahead, the entertainment industry is expected to continue its expansion, with increased investments in technology and an emphasis on environmentally responsible practices.

Readers are encouraged to stay informed about industry trends, consider investment opportunities, and explore ways to contribute to sustainable growth in this dynamic industry.

In the ever-evolving landscape of the entertainment industry, the possibilities are vast, and the path forward is clear: embrace innovation, sustainability, and responsible leadership.