[Ranking] TOP 25 Sports Entertainment / Entertainment Companies Q3/2023
Intro
The sports entertainment industry plays a vital role in the global economy, captivating audiences around the world with its thrilling and immersive experiences. As a sub-industry of the broader entertainment sector, sports entertainment combines the excitement of sports with the spectacle of live events and entertainment, creating an irresistible draw for millions of fans.
With its profound influence, sports entertainment extends its impact far beyond the realms of sports and entertainment alone. Its ripple effects can be felt across various sectors, including tourism, advertising, broadcasting, and merchandising. The industry has the power to transform cities into vibrant hubs of activity, attracting visitors from all corners of the globe and boosting local economies.
The economic magnitude of the sports entertainment industry is staggering, and its trajectory continues to rise. According to Forbes, the industry was valued at $471 billion in 2020, with predictions of steady growth in the coming years. This upward trend can be attributed to factors such as increasing sports fandom, technological advancements, and the growing demand for unique and immersive experiences.
Recent trends and breakthroughs have further shaped the sports entertainment industry. The emergence of streaming platforms has revolutionized how fans consume sports content, offering on-demand access to games, highlights, and behind-the-scenes footage. Additionally, the integration of virtual reality and augmented reality technologies has enhanced the fan experience, allowing them to feel more connected to their favorite teams and athletes.
The landscape of the sports entertainment industry is ever-changing, constantly adapting to new technologies, consumer preferences, and societal shifts. From the rise of e-sports to the increasing emphasis on diversity and inclusion, the industry is in a state of constant evolution. Understanding this dynamic environment is crucial when exploring the leading companies within the sports entertainment sub-industry.
Ranking
#25 MSG Networks Inc.
Employees: 1.2K
Revenue: 500M$
Website: https://www.msgnetworks.com
Description: MSG Networks Inc., headquartered in New York City, operates in the Sports Entertainment industry. Founded in 1969, the company has established itself as a prominent player in the market. With approximately 1.2K employees, MSG Networks Inc. generates an estimated revenue of 500 million dollars. The company's website, https://www.msgnetworks.com, serves as a platform for sports enthusiasts to access a wide range of sports-related content. As a leading provider of sports programming, MSG Networks Inc. offers high-quality coverage of various sports events, including basketball, hockey, and soccer. Through its engaging content, the company aims to entertain and engage sports fans across the United States.
#24 IMAX Corporation
Employees: 1.6K
Revenue: 900M$
Website: https://www.imax.com
Description: IMAX Corporation, headquartered in New York City, United States, is a prominent player in the Sports Entertainment industry. Founded in 1967, the company operates in the Entertainment sector and specializes in providing immersive cinematic experiences through its cutting-edge IMAX technology. With a workforce of approximately 1.6 thousand employees, IMAX has established itself as a leader in the industry. The company generates a revenue of around 900 million dollars, leveraging its expertise in large-format film projection and audio technologies. IMAX theaters are known for their state-of-the-art screens and sound systems, offering viewers an unparalleled visual and auditory experience in sports entertainment.
#23 Konami Holdings Corporation
Employees: 5K
Revenue: 1.2B$
Website: https://www.konami.com/
Description: Konami Holdings Corporation, headquartered in Tokyo, Japan, is a prominent player in the Sports Entertainment industry. Established in 1969, the company has grown to employ approximately 5,000 individuals worldwide. With annual revenue reaching 1.2 billion US dollars, Konami Holdings Corporation operates various ventures within the entertainment sector. Their activities in the Sports Entertainment industry include the development, production, and distribution of video games, arcade games, trading cards, and related merchandise. Konami's popular sports-themed franchises, such as Pro Evolution Soccer and the Winning Eleven series, have garnered a substantial fan base globally. Through their innovative gaming experiences, Konami continues to enrich the Sports Entertainment industry and provide immersive entertainment to millions of fans around the world.
#22 SeaWorld Entertainment Inc.
Employees: 4.2K
Revenue: 1.3B$
Website: https://seaworldentertainment.com/
Description: SeaWorld Entertainment Inc., headquartered in Orlando, United States, is a prominent player in the Sports Entertainment industry. Since its foundation in 1964, SeaWorld Entertainment has been a leading provider of marine-themed amusement parks, entertainment shows, and marine mammal parks. The company operates multiple iconic parks across the United States, including SeaWorld and Busch Gardens, offering visitors a unique experience to get up close with various marine animals and enjoy thrilling rides. With a dedicated team of approximately 4.2 thousand employees, SeaWorld Entertainment continues to attract millions of visitors annually, generating a substantial revenue of around 1.3 billion US dollars. With their commitment to conservation and education, SeaWorld Entertainment strives to provide both entertainment and awareness about marine life through their world-class attractions.
#21 Lions Gate Entertainment Corp.
Employees: 1.8K
Revenue: 1.4B$
Website: https://www.lionsgate.com
Description: Lions Gate Entertainment Corp., headquartered in Santa Monica, United States, is a leading player in the Sports Entertainment industry. Founded in 1997, the company has approximately 1.8K employees. With a revenue of 1.4B$, Lions Gate Entertainment Corp. operates in various segments of the Entertainment industry, including film production, distribution, and exhibition. The company has produced and distributed numerous successful films and television series, gaining recognition and acclaim in the industry. Through its innovative approach and strategic partnerships, Lions Gate Entertainment Corp. continues to entertain audiences worldwide with its captivating content.
#20 Bandai Namco Entertainment Inc.
Employees: 8K
Revenue: 1.5B$
Website: https://www.bandainamcoent.co.jp/
Description: Bandai Namco Entertainment Inc., headquartered in Tokyo, Japan, is a prominent player in the Sports Entertainment industry. Founded in 2005, the company has a workforce of approximately 8,000 employees. With annual revenue of 1.5 billion dollars, Bandai Namco Entertainment Inc. develops and publishes a wide range of sports-themed video games and interactive entertainment experiences. Their portfolio includes popular franchises like the 'Naruto Shippuden: Ultimate Ninja Storm' series, 'Captain Tsubasa: Rise of New Champions,' and 'Project CARS.' Through their innovative and immersive games, Bandai Namco Entertainment Inc. captivates sports enthusiasts around the world, delivering thrilling virtual experiences that simulate various sports, such as soccer, racing, and martial arts. The company continues to push boundaries in the Sports Entertainment industry, offering engaging gameplay, realistic graphics, and captivating storytelling.
#19 Cedar Fair Entertainment Company
Employees: 25K
Revenue: 1.5B$
Website: https://www.cedarfair.com/
Description: Cedar Fair Entertainment Company, headquartered in Sandusky, Ohio, is a leading player in the Sports Entertainment industry. Founded in 1983, the company operates amusement parks, water parks, and resorts across North America. With a workforce of approximately 25,000 employees, Cedar Fair provides thrilling and immersive experiences to millions of visitors each year. The company's portfolio includes renowned parks such as Cedar Point, Kings Island, and Knott's Berry Farm. Cedar Fair generates an impressive revenue of 1.5 billion dollars, solidifying its position in the market. Committed to delivering exceptional entertainment and guest satisfaction, Cedar Fair continues to innovate and expand its offerings in the Sports Entertainment sector.
#18 Six Flags Entertainment Corporation
Employees: 32K
Revenue: 1.5B$
Website: https://www.sixflags.com/
Description: Six Flags Entertainment Corporation, headquartered in Grand Prairie, Texas, is a leading sports entertainment company in North America. Founded in 1961, Six Flags operates multiple theme parks across the United States, Mexico, and Canada. With approximately 32,000 employees, the company offers a wide range of thrill rides, family-friendly attractions, and live entertainment. Six Flags parks are known for their adrenaline-pumping roller coasters, water parks, and various themed areas, catering to visitors of all ages. Annually, the company generates revenue of around 1.5 billion US dollars, making it a major player in the sports entertainment industry.
#17 Madison Square Garden Company
Employees: 2.5K
Revenue: 1.5B$
Website: https://www.msg.com
Description: The Madison Square Garden Company, headquartered in New York City, United States, is a prominent player in the Sports Entertainment industry. Established in 1879, the company has a workforce of approximately 2.5 thousand employees. With a revenue of 1.5 billion dollars, Madison Square Garden Company operates at the intersection of sports and entertainment, hosting a variety of events such as professional basketball, ice hockey, boxing matches, concerts, and live performances. The company's flagship venue, Madison Square Garden, is one of the most iconic sports and entertainment arenas in the world, attracting millions of spectators and fans. Through its various subsidiaries, the company also operates other renowned venues and entertainment properties, further solidifying its position in the industry.
#16 World Wrestling Entertainment Inc.
Employees: 1K
Revenue: 1.5B$
Website: https://www.wwe.com
Description: World Wrestling Entertainment Inc. (WWE) is a global sports entertainment company headquartered in Stamford, United States. Founded in 1952, WWE is one of the largest professional wrestling promotions in the world. With a roster of talented wrestlers, WWE produces and broadcasts live events, television shows, and pay-per-view events globally. The company also operates a streaming service, WWE Network, offering on-demand access to their extensive library of wrestling content. WWE has a dedicated fan base and organizes tours and live shows in various cities around the world. With approximately 1,000 employees, WWE generates an estimated revenue of 1.5 billion dollars annually.
#15 Ubisoft Entertainment SA
Employees: 18K
Revenue: 2.2B$
Website: https://www.ubisoft.com/
Description: Ubisoft Entertainment SA is a leading player in the Sports Entertainment industry. Headquartered in Montreuil, France, Ubisoft has established itself as a major developer and publisher of interactive entertainment globally. Founded in 1986, the company has grown exponentially, employing approximately 18,000 individuals worldwide. Ubisoft's portfolio includes a wide range of popular sports video games, including franchises like Just Dance, Steep, and The Crew. With a strong focus on innovation and creativity, Ubisoft continues to create immersive and engaging sports experiences for gamers across various platforms. In 2020, the company reported a revenue of 2.2 billion USD, solidifying its position as a key player in the Sports Entertainment industry.
#14 Cinemark Holdings Inc.
Employees: 30K
Revenue: 3B$
Website: https://www.cinemark.com/
Description: Cinemark Holdings Inc. is a leading player in the Sports Entertainment industry, specializing in movie exhibition, theater operations, and related real estate investments. Headquartered in Plano, United States, Cinemark operates a vast network of movie theaters across North America, providing audiences with a diverse range of cinematic experiences. With a history dating back to 1984, Cinemark has established itself as a prominent entertainment destination, offering state-of-the-art auditoriums, immersive audiovisual technologies, and a wide selection of movies from various genres. The company boasts a workforce of approximately 30,000 employees who are dedicated to delivering exceptional movie experiences to millions of patrons. Cinemark generates substantial annual revenue of around 3 billion dollars, showcasing its strong position within the Sports Entertainment industry.
#13 Take-Two Interactive Software Inc.
Employees: 5.5K
Revenue: 3.1B$
Website: https://www.take2games.com/
Description: Take-Two Interactive Software Inc. is a leading player in the Sports Entertainment industry. Headquartered in New York City, United States, the company was founded in 1993. With a workforce of approximately 5,500 employees, Take-Two Interactive Software operates globally. The company focuses on developing and publishing interactive entertainment products and services, primarily in the sports genre. Take-Two Interactive Software is known for its popular franchises, including NBA 2K, WWE 2K, and PGA Tour 2K. The company's revenue reached 3.1 billion USD, solidifying its position as a major player in the Sports Entertainment industry.
#12 Mattel Inc.
Employees: 26K
Revenue: 4.5B$
Website: https://www.mattel.com/
Description: Mattel Inc., headquartered in El Segundo, United States, is a leading company in the Sports Entertainment industry. Founded in 1945, the company has grown to employ approximately 26,000 employees worldwide. With a revenue of 4.5 billion dollars, Mattel Inc. is known for its wide range of sports entertainment products, including action figures, playsets, and collectibles. The company has established itself as a market leader by consistently delivering innovative and high-quality products that cater to various sports and entertainment franchises. Mattel Inc. continues to expand its portfolio and collaborate with renowned sports brands and entertainment properties to offer engaging and immersive experiences to its customers.
#11 Hasbro Inc.
Employees: 5.5K
Revenue: 4.7B$
Website: https://www.hasbro.com
Description: Hasbro Inc. is a leading global toy and entertainment company headquartered in Pawtucket, Rhode Island, United States. Founded in 1923, the company operates in the Sports Entertainment industry, a subsidiary of the larger Entertainment industry. Hasbro is known for its iconic brands and franchises, including Transformers, My Little Pony, Monopoly, Play-Doh, and Nerf. The company designs, develops, and markets a wide range of toys, games, and entertainment products, catering to audiences of all ages. With a workforce of approximately 5,500 employees, Hasbro generates an annual revenue of around 4.7 billion US dollars. Through its Sports Entertainment division, Hasbro continues to innovate and create immersive experiences that bring joy and entertainment to millions of consumers worldwide.
#10 AMC Entertainment Holdings Inc.
Employees: 10K
Revenue: 5B$
Website: https://www.amctheatres.com/
Description: AMC Entertainment Holdings Inc. is a leading company in the sports entertainment industry. Headquartered in Leawood, United States, AMC operates a vast network of movie theaters across North America. Founded in 1920, the company has a rich history and has become a household name in the entertainment sector. With approximately 10,000 employees, AMC is dedicated to providing exceptional movie experiences to its customers. The company generates an impressive revenue of 5 billion dollars, highlighting its strong presence and success in the industry.
#9 Electronic Arts Inc.
Employees: 9.5K
Revenue: 5.6B$
Website: https://www.ea.com
Description: Electronic Arts Inc. is a leading player in the Sports Entertainment industry. Headquartered in Redwood City, United States, the company was founded in 1982. With a workforce of approximately 9.5 thousand employees, Electronic Arts operates in various segments of the entertainment sector, including video games, online gaming platforms, and interactive entertainment software. The company's revenue stands at around 5.6 billion dollars, making it a major player in the industry. Electronic Arts is known for its popular sports simulation games like FIFA, Madden NFL, and NHL, which have a huge fan base and generate substantial revenue for the company. With a strong presence in North America and globally, Electronic Arts continues to innovate and captivate gamers with its cutting-edge technology and immersive gaming experiences.
#8 Activision Blizzard Inc.
Employees: 10K
Revenue: 8.1B$
Website: https://www.activisionblizzard.com
Description: Activision Blizzard Inc., headquartered in Santa Monica, United States, is a major player in the Sports Entertainment industry. The company was founded in 1979 and currently employs around 10,000 individuals. With annual revenue of 8.1 billion dollars, Activision Blizzard Inc. has established itself as a leading force in the industry. The company is known for developing and publishing popular video games, including franchises like Call of Duty, World of Warcraft, and Overwatch. With a strong focus on interactive entertainment and esports, Activision Blizzard Inc. continues to captivate millions of gamers worldwide and remains at the forefront of the Sports Entertainment sector.
#7 Discovery Inc.
Employees: 9K
Revenue: 10B$
Website: https://corporate.discovery.com/
Description: Discovery Inc., headquartered in New York City, is a leading global media company in the Sports Entertainment industry. Founded in 1985, the company operates a vast portfolio of television networks, including Discovery Channel, Animal Planet, TLC, and Eurosport. With approximately 9,000 employees worldwide, Discovery Inc. is dedicated to creating engaging and informative content that entertains audiences across the globe. The company's revenue stands at an impressive 10 billion dollars, reflecting its strong presence in the industry. Through its various networks and partnerships, Discovery Inc. offers a wide range of sports entertainment programming, including coverage of major sporting events, documentaries, and reality shows. With its commitment to innovation and quality content, Discovery Inc. continues to be a prominent player in the Sports Entertainment industry.
#6 Live Nation Entertainment
Employees: 38K
Revenue: 11B$
Website: https://www.livenationentertainment.com/
Description: Live Nation Entertainment is a leading company in the sports entertainment industry. Headquartered in Beverly Hills, United States, the company has been operating since 2005. With a workforce of approximately 38,000 employees, Live Nation Entertainment specializes in organizing live sports events, concerts, and other entertainment experiences. The company's portfolio includes a wide range of sporting events, from professional leagues to individual competitions, attracting millions of fans worldwide. Live Nation Entertainment's revenue stands at a staggering 11 billion dollars, making it one of the major players in the industry. Their website offers comprehensive information about upcoming events, ticket sales, and behind-the-scenes content, catering to the diverse interests of sports enthusiasts and entertainment lovers alike.
#5 ViacomCBS Inc.
Employees: 15K
Revenue: 29B$
Website: https://www.viacomcbs.com/
Description: ViacomCBS Inc., headquartered in New York City, United States, is a leading player in the Sports Entertainment industry. Founded in 2006, the company has grown to employ approximately 15,000 individuals worldwide. With a revenue of 29 billion USD, ViacomCBS operates a vast range of sports entertainment platforms, including television networks, streaming services, and live events. The company offers a diverse portfolio of sports content, covering a wide range of popular sports such as football, basketball, baseball, soccer, and more. Through its various channels and platforms, ViacomCBS delivers engaging sports programming, including live games, analysis, highlights, and original sports-related content, catering to the interests of sports enthusiasts around the globe.
#4 WarnerMedia
Employees: 40K
Revenue: 30B$
Website: https://www.warnermedia.com
Description: WarnerMedia, headquartered in New York City, United States, is a leading company in the Sports Entertainment industry. Founded in 1923, WarnerMedia has established itself as a prominent player in the entertainment sector. With approximately 40,000 employees, the company operates a diverse portfolio of sports entertainment assets, including cable networks, streaming services, and production studios. WarnerMedia's sports entertainment offerings cover a wide range of content, including live sports broadcasts, sports news, documentaries, and original programming. The company's extensive network of channels and digital platforms ensures widespread access to its sports content, engaging millions of viewers worldwide. With an impressive revenue of 30 billion dollars, WarnerMedia continues to innovate and entertain audiences with its compelling sports entertainment content.
#3 Walt Disney Company
Employees: 203K
Revenue: 69.6B$
Website: https://www.disney.com
Description: The Walt Disney Company, headquartered in Burbank, United States, is a major player in the Sports Entertainment industry. Founded in 1923, the company has grown to employ approximately 203,000 individuals. With a revenue of 69.6 billion dollars, Disney dominates the market with its diverse portfolio of sports entertainment properties. Their offerings include ESPN, one of the most prominent sports networks in the world, providing coverage of various sporting events, news, and analysis. In addition to traditional sports, Disney also owns and operates the National Basketball Association (NBA) team, the Orlando Magic. Through its sports entertainment ventures, Disney continues to captivate audiences worldwide.
#2 Sony Corporation
Employees: 110K
Revenue: 77.1B$
Website: https://www.sony.com
Description: Sony Corporation, headquartered in Tokyo, Japan, is a leading player in the Sports Entertainment industry. Founded in 1946, Sony has established itself as a global brand known for its high-quality products and innovative technologies. With a workforce of approximately 110,000 employees, Sony operates across various segments of the entertainment industry, including sports broadcasting, content production, and live events. The company's revenue stands at an impressive 77.1 billion dollars, reflecting its strong presence and success in the market. Sony's commitment to delivering exceptional sports entertainment experiences has made it a trusted and sought-after partner in the industry, offering cutting-edge technology solutions and engaging content to sports fans worldwide.
#1 Comcast Corporation
Employees: 190K
Revenue: 108B$
Website: https://corporate.comcast.com/
Description: Comcast Corporation, headquartered in Philadelphia, United States, is a prominent player in the Sports Entertainment industry. Founded in 1963, the company has grown to employ approximately 190,000 individuals. With a revenue of around 108 billion dollars, Comcast operates various entities within the entertainment sector, including NBCUniversal, Sky, and Spectacor. Their diverse portfolio includes sports teams, sports channels, and sports events. Comcast's subsidiaries engage in the production, broadcasting, and distribution of sports content, catering to millions of viewers globally. Through strategic partnerships and acquisitions, the company continues to establish its presence and expand its offerings in the dynamic world of Sports Entertainment.
Summary
The sports entertainment industry has witnessed significant growth in recent years, with several companies emerging as leaders in this sub-industry. Forbes has analyzed the market and identified the top companies based on their rankings and notable achievements.
One unexpected finding from the analysis is the increasing influence of technology in sports entertainment. Companies that successfully integrate technology into their offerings have gained a competitive edge in the market.
Among the premier companies in the sports entertainment sub-industry are Live Nation Entertainment, WWE, and Red Bull Media House. These companies have consistently demonstrated their ability to captivate audiences and generate substantial revenue.
A key element driving the prosperity of these leading firms is their focus on creating immersive experiences for fans. By leveraging various mediums such as live events, broadcasting, and digital platforms, these companies engage fans on multiple levels.
What sets these eminent companies apart from their industry rivals is their commitment to innovation and creativity. They constantly push boundaries and explore new ways to deliver unique and memorable sports entertainment experiences.