[Ranking] TOP 25 Online Media / Entertainment Companies Q3/2023
Intro
The online media industry has become an integral part of the global entertainment landscape, revolutionizing the way we consume and interact with content. As the digital era continues to shape the entertainment industry, online media has emerged as a critical player, connecting audiences with an array of multimedia experiences.
With its profound influence, the online media industry has created a ripple effect that extends far beyond entertainment. It has transformed advertising, marketing, and communication strategies, impacting industries such as retail, technology, and even healthcare. The ability to reach and engage millions of users worldwide has made online media an essential tool for businesses seeking to connect with their target markets.
The economic magnitude of the online media industry is staggering, with revenues projected to reach new heights in the coming years. As more people access the internet and rely on digital platforms for entertainment, the industry's upward trajectory shows no signs of slowing down. This growth is fueled by advancements in technology, the proliferation of smartphones, and the increasing demand for personalized and on-demand content.
Recent trends in the online media industry have been shaped by breakthroughs in artificial intelligence, virtual reality, and data analytics. These innovations have allowed companies to personalize user experiences, tailor content recommendations, and optimize advertising strategies. However, the industry also faces obstacles such as data privacy concerns, content piracy, and the need to adapt to changing consumer preferences.
The online media industry is characterized by its ever-changing landscape, with new players constantly entering the market and existing ones evolving to stay ahead. From streaming services to social media platforms, online media companies are continuously adapting to meet the demands of today's digital-savvy consumers. Exploring the top companies in this sub-industry provides insights into the strategies and innovations that are shaping the future of entertainment.
Ranking
#25 Eros International Plc
Employees: 1.5K
Revenue: 750M$
Website: https://www.erosplc.com
Description: Eros International Plc, headquartered in Mumbai, India, is a prominent player in the Online Media industry. Founded in 1977, the company has made significant contributions to the entertainment sector. With approximately 1.5 thousand employees, Eros International Plc operates in various segments of the online media industry, including film production, distribution, and digital over-the-top (OTT) platforms. The company's website provides a platform for users to access a wide range of entertainment content, including movies, music, and television shows. Eros International Plc has achieved substantial revenue growth, with an estimated revenue of 750 million dollars. With its strong presence in the industry, the company continues to deliver high-quality entertainment content to audiences worldwide.
#24 Hulu
Employees: 3K
Revenue: 1B$
Website: https://www.hulu.com
Description: Hulu, a leading online media company in the Entertainment industry, is headquartered in Los Angeles, United States. Founded in 2007, the company has grown to have approximately 3,000 employees. With a revenue of 1 billion dollars, Hulu offers a wide range of online streaming services, including a vast library of TV shows, movies, and original content. The platform allows users to stream their favorite shows on demand and offers both ad-supported and ad-free subscription options. Hulu has become a popular choice for entertainment enthusiasts, providing a seamless streaming experience and a diverse selection of content to cater to a global audience.
#23 TikTok
Employees: 2K
Revenue: 1.2B$
Website: https://www.tiktok.com
Description: TikTok, headquartered in Beijing, China, is a leading player in the Online Media industry, specifically in the Entertainment sector. Founded in 2016, the company has quickly gained popularity and has become one of the most downloaded apps globally. With approximately 2,000 employees, TikTok has been able to generate significant revenue, reaching 1.2 billion dollars. The platform allows users to create and share short videos, showcasing their creativity and talents. It has become a hub for viral challenges, dance routines, and comedy sketches, attracting a diverse user base. TikTok's innovative algorithm and user-friendly interface have contributed to its rapid growth and success in the Online Media industry.
#22 Liberty Media Corporation
Employees: 4.5K
Revenue: 1.2B$
Website: https://www.libertymedia.com
Description: Liberty Media Corporation, based in Englewood, United States, is a prominent player in the Online Media industry. Founded in 1994, the company has grown to employ approximately 4,500 individuals. With a revenue of 1.2 billion dollars, Liberty Media focuses on providing entertainment content through various online platforms. Their portfolio includes ownership stakes in leading companies such as SiriusXM, Live Nation Entertainment, and Formula 1. Liberty Media's strategic investments and partnerships enable them to deliver a wide range of digital media offerings, including music streaming, live events, and motorsports experiences. As a major player in the Online Media space, Liberty Media Corporation continues to shape and innovate the entertainment industry.
#21 Zee Entertainment Enterprises Limited
Employees: 20K
Revenue: 1.5B$
Website: https://www.zeeentertainment.com
Description: Zee Entertainment Enterprises Limited, headquartered in Mumbai, India, is a leading player in the Online Media industry. Founded in 1992, the company has established itself as a prominent name in the entertainment sector. With a workforce of around 20,000 employees, Zee Entertainment operates various online media platforms, including streaming services, digital content production, and distribution channels. The company's primary focus is on delivering a wide range of entertainment content to its global audience through its digital platforms. Zee Entertainment has achieved significant revenue growth, generating approximately 1.5 billion dollars in revenue. With its diverse portfolio of entertainment offerings, the company continues to captivate viewers and maintain its position as a key player in the online media industry.
#20 Discovery Inc.
Employees: 9.5K
Revenue: 3.1B$
Website: https://www.discovery.com
Description: Discovery Inc. is a leading online media company operating in the Entertainment industry. Headquartered in New York City, United States, Discovery Inc. has been providing captivating and informative content to its global audience since its founding in 1985. With a workforce of approximately 9,500 employees, Discovery Inc. offers a diverse range of online media services, including streaming platforms, digital content production, and engaging online experiences. The company has achieved significant success in generating revenue, with an estimated annual revenue of 3.1 billion dollars. Discovery Inc. continues to innovate and entertain, delivering high-quality online media content to millions of viewers worldwide.
#19 ITV Plc
Employees: 7K
Revenue: 3.2B$
Website: https://www.itvplc.com/
Description: ITV Plc, headquartered in London, United Kingdom, is a prominent player in the Online Media industry. Founded in 1955, the company has established itself as a leading entertainment provider. With a workforce of approximately 7,000 employees, ITV operates various digital platforms and streaming services that cater to a wide audience. The company generates substantial revenue, amounting to 3.2 billion dollars. ITV's online media activities encompass the production and distribution of engaging content, including television shows, films, and digital series. Through its online platforms, ITV offers a diverse range of entertainment options, keeping viewers entertained and connected in the ever-evolving digital landscape.
#18 Lions Gate Entertainment Corp.
Employees: 1.6K
Revenue: 3.6B$
Website: https://www.lionsgate.com
Description: Lions Gate Entertainment Corp. is a leading player in the Online Media industry, specifically in the Entertainment sector. Based in Santa Monica, United States, Lions Gate Entertainment operates in North America. The company was founded in 1997 and currently employs approximately 1,600 individuals. With an annual revenue of 3.6 billion US dollars, Lions Gate Entertainment has established itself as a major player in the industry. The company's website, https://www.lionsgate.com, offers a wide range of online media content, including movies, TV shows, and digital distribution services. Lions Gate Entertainment continues to innovate and provide top-quality entertainment experiences to its global audience.
#17 Sony Music Entertainment Inc.
Employees: 10K
Revenue: 4B$
Website: https://www.sonymusic.com
Description: Sony Music Entertainment Inc., headquartered in New York City, United States, is a major player in the Online Media industry. Founded in 1929, the company is known for its extensive portfolio of music labels and artists, making it one of the largest music conglomerates globally. With approximately 10,000 employees, Sony Music Entertainment operates across various segments of the entertainment industry, including recorded music, publishing, merchandise, and licensing. The company's website serves as a hub for music lovers, providing access to a vast catalog of songs, music videos, and artist information. Sony Music Entertainment generates significant revenue, with an estimated annual revenue of 4 billion dollars. As a leader in the Online Media industry, Sony Music Entertainment continues to shape the music landscape by promoting and distributing music through various online platforms and partnerships.
#16 Pearson Plc
Employees: 24K
Revenue: 4.5B$
Website: https://www.pearson.com
Description: Pearson Plc is a leading multinational company operating in the Online Media industry, specifically within the Entertainment sector. Headquartered in London, United Kingdom, Pearson is a prominent player in the global online media landscape. The company was founded in 1844 and has since grown to employ approximately 24,000 individuals worldwide. With a revenue of 4.5 billion USD, Pearson offers a wide range of online media services, including digital content, educational resources, and assessment tools. Through its innovative platforms and solutions, Pearson aims to empower learners of all ages and help them achieve their educational goals. With its strong presence in the Online Media sector, Pearson continues to shape the future of online learning and entertainment.
#15 Grupo Globo
Employees: 30K
Revenue: 10B$
Website: https://www.grupoglobo.com
Description: Grupo Globo, headquartered in Rio de Janeiro, Brazil, is a prominent player in the online media industry. Founded in 1925, the company has a workforce of approximately 30,000 employees. With a revenue of around 10 billion dollars, Grupo Globo operates various online media platforms that cater to the entertainment industry. Their online media outlets provide a wide range of content such as news, television shows, movies, sports, and music, attracting millions of users. Grupo Globo's commitment to delivering high-quality entertainment content has made it a leading force in the online media landscape, shaping the industry and capturing the attention of audiences across Brazil and beyond.
#14 News Corp
Employees: 25K
Revenue: 10B$
Website: https://www.newscorp.com/
Description: News Corp, headquartered in New York, United States, is a prominent player in the Online Media industry within the Entertainment sector. Founded in 1979, the company operates a diverse portfolio of online media platforms, catering to a global audience. With approximately 25,000 employees worldwide, News Corp generates an impressive revenue of 10 billion US dollars. Their online media offerings encompass a wide range of content, including news, entertainment, sports, and lifestyle. Through their various digital properties and platforms, News Corp aims to provide timely and engaging content to millions of users worldwide. With a strong foothold in the online media landscape, News Corp continues to innovate and adapt to the ever-evolving digital world.
#13 Twenty-First Century Fox Inc.
Employees: 30K
Revenue: 11.7B$
Website: https://www.21cf.com/
Description: Twenty-First Century Fox Inc., headquartered in Los Angeles, United States, is a prominent player in the Online Media industry. With a workforce of approximately 30,000 employees, the company has established itself as a major force in the entertainment sector. Since its founding in 2004, Twenty-First Century Fox Inc. has consistently delivered impressive financial results, with reported revenues of 11.7 billion dollars. The company's online media activities encompass a wide range of digital platforms, including news websites, online streaming services, and social media channels. Through strategic acquisitions and partnerships, Twenty-First Century Fox Inc. continues to expand its online media presence, offering diverse and engaging content to its global audience.
#12 Nintendo Co. Ltd.
Employees: 6.4K
Revenue: 12.6B$
Website: https://www.nintendo.co.jp/
Description: Nintendo Co. Ltd., headquartered in Kyoto, Japan, is a prominent player in the Online Media industry. Founded in 1889, Nintendo has a rich history in the entertainment sector. The company is known for its innovative gaming consoles and software, including iconic products like the Nintendo Switch. With a talented workforce of approximately 6,400 employees, Nintendo continues to captivate audiences worldwide with its immersive gaming experiences. In recent years, the company has embraced online media, offering online gaming services, digital content distribution, and engaging with its dedicated fanbase through various online platforms. Nintendo's commitment to delivering high-quality entertainment has earned it a significant market presence and a strong revenue of 12.6 billion dollars.
#11 ViacomCBS Inc.
Employees: 25K
Revenue: 15B$
Website: https://www.viacomcbs.com
Description: ViacomCBS Inc. is a leading media conglomerate in the Online Media industry. Headquartered in New York City, United States, the company operates a diverse portfolio of entertainment brands across various platforms. With a rich history dating back to 1952, ViacomCBS has established itself as a major player in the global entertainment landscape. The company employs approximately 25,000 people worldwide, contributing to its annual revenue of 15 billion dollars. ViacomCBS is known for producing and distributing a wide range of content, including television shows, films, and digital media, reaching audiences across the globe. Through its online media platforms, ViacomCBS continues to engage and entertain millions of viewers with its compelling content offerings.
#10 Bertelsmann SE & Co. KGaA
Employees: 100K
Revenue: 17.3B$
Website: https://www.bertelsmann.com
Description: Bertelsmann SE & Co. KGaA is a German multinational conglomerate operating in the Online Media industry. Headquartered in Gütersloh, Germany, the company has a rich history dating back to its founding in 1835. With approximately 100,000 employees worldwide, Bertelsmann is a major player in the entertainment sector, particularly in online media. The company's diverse portfolio includes various digital platforms, publishing houses, music labels, and television production companies. Bertelsmann's online media activities encompass content creation, distribution, and streaming services across multiple platforms, catering to a global audience. With a revenue of 17.3 billion dollars, Bertelsmann continues to innovate and leverage its expertise in the digital entertainment landscape.
#9 Naspers Limited
Employees: 29K
Revenue: 22B$
Website: https://www.naspers.com/
Description: Naspers Limited, headquartered in Cape Town, South Africa, is a prominent player in the Online Media industry. Founded in 1915, the company has grown to become a major global force in the entertainment sector. With a workforce of approximately 29,000 employees, Naspers operates a diverse portfolio of online media platforms, spanning digital content, e-commerce, and internet services. The company's revenue stands at an impressive 22 billion US dollars. Naspers has made significant investments in various digital ventures, including leading classified advertising platforms, online marketplaces, and streaming services. With its strong presence in the industry, Naspers continues to shape the online media landscape, delivering innovative and engaging content to audiences worldwide.
#8 Netflix Inc.
Employees: 10K
Revenue: 25B$
Website: https://www.netflix.com
Description: Netflix Inc., headquartered in Los Gatos, United States, is a leading player in the Online Media industry. Founded in 1997, the company has grown to employ approximately 10,000 employees. With a revenue of 25 billion dollars, Netflix offers a wide range of entertainment content through its online streaming platform. The company revolutionized the way people consume media by popularizing the concept of streaming movies and TV shows directly to their devices. Netflix has become synonymous with binge-watching and has disrupted the traditional television and film industry by producing its own original content. With its vast library of movies, documentaries, and TV series, Netflix has become a household name in the entertainment industry.
#7 Alibaba Group Holding Limited
Employees: 115K
Revenue: 56.2B$
Website: https://www.alibabagroup.com/
Description: Alibaba Group Holding Limited, headquartered in Hangzhou, China, is a leading player in the Online Media industry. Founded in 1999, the company has grown to employ approximately 115,000 people. With a revenue of 56.2 billion USD, Alibaba Group operates various online platforms that provide entertainment and media services to its customers. These platforms include Alibaba Pictures, Youku Tudou (a video hosting service), and Alibaba Music. Through its extensive network and strategic partnerships, Alibaba Group has become a prominent name in the online media industry, offering a wide range of digital entertainment options to consumers in China and beyond.
#6 Tencent Holdings Limited
Employees: 89K
Revenue: 65.2B$
Website: https://www.tencent.com
Description: Tencent Holdings Limited, headquartered in Shenzhen, China, is a leading player in the online media industry. Founded in 1998, the company has grown to have a workforce of approximately 89,000 employees. With a revenue of 65.2 billion dollars, Tencent operates a diverse range of online media platforms, making it a major contributor to the entertainment industry. The company's flagship social media platform, WeChat, has over a billion monthly active users and offers a wide range of entertainment features. Tencent also operates popular online gaming platforms, including League of Legends and Honor of Kings, which have millions of players worldwide. Additionally, the company has invested in various other entertainment ventures, including music streaming, film production, and online video streaming. With its significant presence and influence in the online media industry, Tencent continues to shape and redefine the entertainment landscape.
#5 Walt Disney Company
Employees: 203K
Revenue: 69.6B$
Website: https://www.disney.com
Description: The Walt Disney Company is a leading player in the Online Media industry. With its headquarters in Burbank, United States, the company operates in the Entertainment sector. Founded in 1923, Disney has grown to become a global powerhouse in the online media space. The company's website, https://www.disney.com, serves as a hub for its vast online media offerings, including movies, TV shows, and streaming services. With a workforce of approximately 203,000 employees, Disney generates impressive revenue of 69.6 billion dollars. Through its online media platforms, Disney captivates audiences worldwide with its iconic characters, beloved stories, and innovative content that continues to entertain and inspire.
#4 Time Warner Inc.
Employees: 25K
Revenue: 72B$
Website: https://www.timewarner.com
Description: Time Warner Inc., headquartered in New York City, is a leading player in the Online Media industry. Founded in 1990, the company has a workforce of approximately 25,000 employees. With a revenue of 72 billion dollars, Time Warner operates in various segments of the entertainment industry, including film production, television networks, and online media. Through its subsidiaries, such as Warner Bros. Entertainment, HBO, and CNN, the company produces and distributes content across multiple channels and platforms. Time Warner's online media activities encompass digital publishing, streaming services, and online advertising. As a major player in the industry, Time Warner continues to innovate and adapt to the evolving landscape of online media, delivering entertainment and information to audiences worldwide.
#3 Sony Corporation
Employees: 110K
Revenue: 77B$
Website: https://www.sony.net/
Description: Sony Corporation, headquartered in Tokyo, Japan, is a leading player in the Online Media industry. Founded in 1946, Sony has established itself as a global entertainment and technology conglomerate. With a workforce of approximately 110,000 employees, Sony operates a diverse portfolio of online media platforms, catering to various entertainment sectors. The company's online media services encompass music streaming, video-on-demand, gaming, and digital content creation. Sony's online media platforms, including PlayStation Network and Sony Music Entertainment, contribute significantly to the company's impressive annual revenue of 77 billion dollars. Through continuous innovation and strategic partnerships, Sony remains at the forefront of the online media industry, delivering immersive and engaging digital experiences to consumers worldwide.
#2 Comcast Corporation
Employees: 190K
Revenue: 108.9B$
Website: https://corporate.comcast.com/
Description: Comcast Corporation, headquartered in Philadelphia, United States, is a leading player in the Online Media industry. Founded in 1963, the company has grown to become a major provider of entertainment and communications products and services. With approximately 190,000 employees, Comcast operates in various segments including cable communications, broadcast television, filmed entertainment, theme parks, and online media. The company's online media activities encompass a wide range of digital platforms and content, offering streaming services, digital advertising, and online content distribution. Comcast's significant revenue of 108.9 billion dollars reflects its strong presence and success in the online media sector, making it a key player in the entertainment industry.
#1 Baidu Inc.
Employees: 37K
Revenue: 109B$
Website: https://www.baidu.com
Description: Baidu Inc. is a Chinese multinational technology company headquartered in Beijing, China. Founded in 2000, Baidu operates in the Online Media industry, specifically in the entertainment sector. With approximately 37,000 employees, the company is a leading player in the industry. Baidu's website, https://www.baidu.com, serves as a major online platform for various entertainment content, including music, videos, games, and news. The company generates significant revenue, with an estimated annual revenue of 109 billion US dollars. Baidu's strong presence in the Online Media industry has positioned it as a key player in providing entertainment services to a wide audience.
Summary
The analysis of the online media sub-industry within the entertainment sector has revealed some interesting findings. The top companies in this field have achieved remarkable success and have been recognized for their significant accomplishments.
One unexpected finding is the rapid growth of online streaming platforms. These companies have revolutionized the way people consume media and have disrupted traditional television and movie industries.
Among the premier companies in the online media sub-industry are Netflix, Amazon Prime Video, and YouTube. These companies have emerged as dominant players in the market, attracting millions of subscribers worldwide.
The success of these leading firms can be attributed to their investment in original content creation, user-friendly interfaces, and personalized recommendations. They have also capitalized on the shift towards digital media consumption and leveraged advanced technology to deliver seamless streaming experiences.
What sets these eminent companies apart from their industry rivals is their commitment to innovation. They continuously experiment with new formats, such as interactive storytelling and virtual reality, to engage their audiences. Additionally, they have prioritized global expansion, making their services accessible to users around the world.