[Ranking] TOP 25 Video On Demand / Media Companies Q3/2023
Intro
The Video On Demand (VOD) industry is a critical component of the media sector, playing a pivotal role in the worldwide economy. With the advent of high-speed internet and advancements in streaming technology, VOD has become increasingly popular, revolutionizing the way people consume video content.
The influence of the VOD industry extends far beyond its own borders, impacting diverse sectors such as entertainment, advertising, telecommunications, and technology. It has disrupted traditional business models, transforming the way content is produced, distributed, and monetized.
In recent years, the economic magnitude of the VOD industry has soared to unprecedented heights. The global market for VOD is projected to reach a staggering value of $159.62 billion by 2025, driven by the growing demand for on-demand entertainment and the proliferation of subscription-based streaming platforms.
The VOD industry is currently witnessing several notable trends and breakthroughs. The rise of original content production by streaming giants like Netflix, Amazon Prime Video, and Disney+ has reshaped the entertainment landscape, challenging traditional media players. However, the industry also faces obstacles such as piracy, content licensing complexities, and the need to adapt to rapidly evolving viewer preferences.
The VOD industry operates in an ever-changing landscape, characterized by constant innovation and competition. The emergence of new players, advancements in technology, and evolving consumer behaviors are shaping the future of the industry. Understanding the leading companies in this dynamic sector is crucial to navigating the complexities and opportunities within the VOD landscape.
Ranking
#25 CJ 4DPLEX Co Ltd
Employees: 1K
Revenue: 100M$
Website: https://www.cj4dx.com
Description: CJ 4DPLEX Co Ltd is a South Korean company based in Seoul. As a leading player in the Video On Demand industry, CJ 4DPLEX specializes in developing and operating 4D cinema technologies. Founded in 2009, the company has a team of approximately 1,000 employees. With its innovative technology, CJ 4DPLEX offers viewers a unique and immersive cinema experience by combining 3D visuals with various motion and environmental effects. Their advanced systems enable theaters to provide 4D experiences, including motion seats, wind, fog, rain, scent, and more, enhancing the overall movie-watching experience. With a revenue of around 100 million dollars, CJ 4DPLEX continues to expand its presence globally, partnering with major cinema chains and studios to bring the excitement of 4D cinema to audiences worldwide.
#24 IMAX Corporation
Employees: 1K
Revenue: 500M$
Website: https://www.imax.com
Description: IMAX Corporation, headquartered in Los Angeles, United States, is a prominent player in the Video On Demand industry. Established in 1968, IMAX is renowned for its immersive cinema experience and has expanded its operations to the digital realm. With a workforce of approximately 1,000 employees, IMAX generates an estimated revenue of 500 million dollars. The company offers a wide range of on-demand video content, including movies, documentaries, and exclusive IMAX productions, delivered through their online platform. Leveraging cutting-edge technology and partnerships with major studios, IMAX continues to provide high-quality entertainment to audiences worldwide, enhancing the way people consume media in the digital age.
#23 Starz Inc
Employees: 2K
Revenue: 800M$
Website: https://www.starz.com
Description: Starz Inc, headquartered in Englewood, United States, is a leading company in the Video On Demand industry. Founded in 1994, Starz operates as a premium cable and satellite television network, offering a wide range of movies and original programming. With a workforce of 2,000 employees, the company has established itself as a prominent player in the media industry. Starz generates an estimated annual revenue of 800 million dollars, primarily through its subscription-based services and licensing agreements. The company's website provides users with access to its vast library of content, including popular TV shows, documentaries, and blockbuster films. With its strong presence in North America, Starz continues to innovate and expand its offerings to meet the growing demand for on-demand entertainment.
#22 Toho Co Ltd
Employees: 1.4K
Revenue: 1B$
Website: https://www.toho.co.jp/
Description: Toho Co Ltd, headquartered in Tokyo, Japan, is a prominent player in the Video On Demand industry. Founded in 1932, Toho has been actively involved in the media sector, specifically focusing on providing on-demand video content. With a workforce of approximately 1.4 thousand employees, Toho operates as a leading distributor and producer of films and television programs, catering to the growing demand for digital content consumption. The company has a strong presence in the Japanese market and has expanded its reach internationally, offering a wide range of video content through its online platform. With a revenue of 1 billion dollars, Toho continues to innovate and deliver compelling video on demand experiences to its global audience.
#21 Cineplex Inc
Employees: 10K
Revenue: 1.2B$
Website: https://www.cineplex.com
Description: Cineplex Inc, headquartered in Toronto, Canada, is a leading player in the Video On Demand industry. Established in 1979, the company has grown to become a major provider of digital entertainment services. With approximately 10,000 employees, Cineplex operates an extensive network of movie theaters, providing customers with access to the latest films and immersive cinematic experiences. The company also offers Video On Demand services, allowing users to stream movies and TV shows directly to their devices. Cineplex generates significant revenue, with annual earnings reaching approximately 1.2 billion US dollars. With its commitment to innovation and customer satisfaction, Cineplex continues to thrive in the dynamic media landscape.
#20 CJ ENM Co Ltd
Employees: 1.5K
Revenue: 1.2B$
Website: https://www.cjenm.com/
Description: CJ ENM Co Ltd is a South Korean company operating in the Video On Demand industry. Headquartered in Seoul, the company was founded in 2018. With a workforce of approximately 1.5 thousand employees, CJ ENM specializes in providing a wide range of video streaming and on-demand services to its customers. The company offers diverse content including movies, TV shows, documentaries, and original productions through its online platforms. CJ ENM generates an estimated revenue of 1.2 billion US dollars, establishing itself as a key player in the Video On Demand sector in South Korea and beyond.
#19 Hulu LLC
Employees: 2.5K
Revenue: 1.5B$
Website: https://www.hulu.com
Description: Hulu LLC is a leading Video On Demand (VOD) company based in Los Angeles, United States. Since its founding in 2007, Hulu has been providing streaming services to millions of subscribers across North America. With a workforce of approximately 2,500 employees, Hulu is dedicated to delivering a wide range of popular TV shows, movies, and original content to its viewers through its user-friendly platform. The company has experienced significant growth in recent years, generating an estimated revenue of 1.5 billion dollars. As a prominent player in the media industry, Hulu continues to expand its content library and enhance its streaming capabilities to meet the evolving demands of its audience.
#18 CJ CGV Co Ltd
Employees: 16K
Revenue: 1.8B$
Website: https://www.cgv.co.kr/
Description: CJ CGV Co Ltd is a leading South Korean company operating in the Video On Demand industry. Headquartered in Seoul, the company was founded in 1996. With a workforce of approximately 16,000 employees, CJ CGV is actively involved in the distribution and exhibition of movies through its extensive network of theaters. The company also offers video on demand services, allowing users to stream and watch movies and TV shows online. CJ CGV has established itself as a major player in the media industry, generating a revenue of approximately 1.8 billion US dollars. With its commitment to providing high-quality entertainment content, CJ CGV continues to thrive in the dynamic landscape of the Video On Demand industry.
#17 Entertainment One Ltd
Employees: 1.2K
Revenue: 1.8B$
Website: https://www.entertainmentone.com
Description: Entertainment One Ltd is a leading global independent studio that specializes in the development, acquisition, production, financing, distribution, and sales of entertainment content. Headquartered in Los Angeles, United States, the company operates in the Video On Demand industry. With a rich history dating back to 1973, Entertainment One has established itself as a key player in the media landscape. The company employs approximately 1.2 thousand talented individuals who contribute to its success. Entertainment One generates impressive annual revenue of around 1.8 billion dollars, showcasing its strong presence and influence in the industry. Through its diverse portfolio of film and television content, Entertainment One continues to captivate audiences worldwide.
#16 Lions Gate Entertainment Corp
Employees: 1.5K
Revenue: 2.6B$
Website: https://www.lionsgate.com
Description: Lions Gate Entertainment Corp is a leading player in the Video On Demand industry. Headquartered in Santa Monica, United States, the company was founded in 1997. With approximately 1.5 thousand employees, Lions Gate Entertainment Corp focuses on producing and distributing a wide range of films, television series, and digital content. The company has established itself as a major player in the media industry, offering content through various platforms including video on demand services. Lions Gate Entertainment Corp has achieved significant success and generated impressive revenue, with a reported revenue of 2.6 billion dollars. Its commitment to delivering high-quality entertainment has made it a prominent name in the industry.
#15 Warner Bros Entertainment Inc
Employees: 10K
Revenue: 3.6B$
Website: https://www.warnerbros.com
Description: Warner Bros Entertainment Inc, headquartered in Burbank, United States, is a prominent player in the Video On Demand industry. The company was founded in 1923 and currently employs around 10,000 people. With annual revenue of approximately 3.6 billion dollars, Warner Bros Entertainment offers a wide range of on-demand video content to its global audience. The company operates through various platforms and channels, providing movies, TV shows, and other entertainment content to be streamed or downloaded on-demand. Warner Bros Entertainment is known for its rich catalog of popular and critically acclaimed films and television series, catering to diverse genres and audience preferences. Through its website and partnerships with streaming platforms, the company ensures easy access to its content, enhancing the overall user experience.
#14 Cinemark Holdings Inc
Employees: 4.2K
Revenue: 3.6B$
Website: https://www.cinemark.com/
Description: Cinemark Holdings Inc, headquartered in Plano, United States, is a prominent player in the Video On Demand industry. Established in 1984, the company operates a chain of movie theaters, offering a wide range of films to their customers. With a workforce of approximately 4.2 thousand employees, Cinemark is dedicated to providing high-quality cinematic experiences to audiences across North America. The company generates an impressive revenue of 3.6 billion dollars, showcasing its strong presence in the media sector. Through their website, customers can conveniently access showtimes, purchase tickets, and explore upcoming releases, ensuring a seamless movie-watching experience.
#13 IQIYI Inc
Employees: 8.5K
Revenue: 3.9B$
Website: https://www.iqiyi.com
Description: IQIYI Inc is a Video On Demand company based in Beijing, China. Founded in 2010, the company has grown to have approximately 8,500 employees. IQIYI operates in the Media industry, specifically focusing on Video On Demand services. The company provides a platform for users to stream a wide range of content, including movies, TV shows, and original programming. With its headquarters in Beijing, IQIYI has become one of the leading video streaming platforms in China, offering both free and subscription-based services. In 2019, the company reported revenue of approximately 3.9 billion dollars. IQIYI continues to expand its content library and enhance its streaming platform to meet the growing demand for online video entertainment in China and beyond.
#12 Discovery Inc
Employees: 9.5K
Revenue: 10.2B$
Website: https://www.discovery.com/
Description: Discovery Inc is a leading media company operating in the Video On Demand industry. Headquartered in New York City, United States, the company was founded in 1985. With a workforce of approximately 9.5 thousand employees, Discovery Inc generates an annual revenue of around 10.2 billion dollars. The company is primarily focused on providing high-quality content through its various television networks, including Discovery Channel, HGTV, Food Network, TLC, Animal Planet, and more. Through its Video On Demand services, Discovery Inc allows viewers to access a wide range of on-demand content, including documentaries, reality shows, lifestyle programming, and educational content. With its extensive portfolio of channels and on-demand offerings, Discovery Inc has established itself as a prominent player in the media industry, delivering engaging and informative content to viewers around the world.
#11 Rakuten Inc
Employees: 70K
Revenue: 13.7B$
Website: https://global.rakuten.com/corp/
Description: Rakuten Inc, based in Tokyo, Japan, is a leading company in the Video On Demand industry. Founded in 1997, Rakuten operates a global online marketplace platform that allows individuals and businesses to buy and sell a wide range of products and services. In the Video On Demand sector, Rakuten offers a comprehensive streaming service that includes movies, TV shows, and original content. With a diverse library of content, Rakuten aims to provide customers with a personalized and immersive viewing experience. The company has a strong presence in the Asian market and continues to expand its global reach, catering to the growing demand for convenient and on-demand video entertainment.
#10 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 Video On Demand industry. Since its foundation in 1997, Netflix has revolutionized the way people consume media by offering a vast library of movies and TV shows for instant streaming over the internet. With a workforce of approximately 10,000 employees, Netflix has become a global powerhouse in the entertainment sector. The company's revenue has soared to an impressive 25 billion dollars, making it one of the most successful players in the Media industry. Netflix's user-friendly platform and original content production have contributed to its immense popularity and dominance in the Video On Demand market.
#9 ViacomCBS Inc
Employees: 25K
Revenue: 25B$
Website: https://www.viacomcbs.com
Description: ViacomCBS Inc is a leading media company operating in the Video On Demand industry. Headquartered in New York City, United States, ViacomCBS was founded in 2019 as a result of the merger between CBS Corporation and Viacom. The company employs approximately 25,000 people and generates annual revenue of around 25 billion US dollars. ViacomCBS offers a wide range of on-demand video content, including TV shows, movies, and original programming, through its various platforms and brands. With a strong presence and extensive media library, ViacomCBS aims to provide engaging and entertaining content to its global audience, catering to different demographics and interests.
#8 Charter Communications Inc
Employees: 98K
Revenue: 45B$
Website: https://www.spectrum.com
Description: Charter Communications Inc, headquartered in Stamford, United States, is a leading company in the Video On Demand industry. Founded in 1993, they have a workforce of approximately 98,000 employees. With annual revenue of 45 billion dollars, Charter Communications offers a wide range of video on demand services to customers across North America. They provide access to a vast library of movies, TV shows, and other video content, allowing users to stream and watch their favorite programs anytime, anywhere. Charter Communications focuses on delivering high-quality streaming experiences through their advanced technology and infrastructure. With their user-friendly platform and extensive content offerings, Charter Communications has established itself as a major player in the Video On Demand industry.
#7 The Walt Disney Company
Employees: 200K
Revenue: 69.6B$
Website: https://www.disney.com
Description: The Walt Disney Company, headquartered in Burbank, California, is a leading player in the Video On Demand industry. Founded in 1923, the company has grown to become a global entertainment conglomerate. With approximately 200,000 employees, Disney operates a vast portfolio of media assets that include television networks, film studios, theme parks, and consumer products. In the Video On Demand sector, Disney offers its popular streaming platform Disney+, which provides subscribers with a wide range of content including movies, TV shows, and original programming. With its extensive library of beloved franchises and characters, Disney is a dominant force in the Video On Demand industry, attracting millions of subscribers worldwide. The company's revenue for the fiscal year 2020 reached a staggering 69.6 billion dollars.
#6 Alibaba Group Holding Limited
Employees: 115K
Revenue: 72B$
Website: https://www.alibabagroup.com
Description: Alibaba Group Holding Limited, headquartered in Hangzhou, China, is a dominant player in the Video On Demand industry. Founded in 1999, Alibaba has grown to become one of the largest e-commerce and technology conglomerates globally. With a workforce of approximately 115,000 employees, Alibaba operates various platforms that offer video streaming services, including Youku Tudou and Tmall Box Office. These platforms provide a wide range of content, including movies, TV shows, and original productions, catering to the diverse entertainment preferences of Chinese consumers. With a revenue of 72 billion USD, Alibaba continues to expand its presence in the Video On Demand industry, leveraging its extensive user base and technological capabilities to deliver high-quality content to millions of viewers.
#5 Sony Group Corporation
Employees: 110K
Revenue: 79B$
Website: https://www.sony.com
Description: Sony Group Corporation, headquartered in Tokyo, Japan, is a leading player in the Video On Demand industry. Founded in 1946, Sony has established itself as a trusted name in the media sector. With a workforce of approximately 110,000 employees, the company is dedicated to providing high-quality entertainment content to its customers. Sony's Video On Demand platform offers a vast library of movies, TV shows, and other digital content, available for streaming across various devices. The company's commitment to innovation and cutting-edge technology has made it a prominent player in the media landscape. With annual revenue of 79 billion dollars, Sony continues to expand its presence in the Video On Demand industry, offering a seamless and immersive entertainment experience to its global audience.
#4 Baidu Inc
Employees: 38K
Revenue: 107B$
Website: https://www.baidu.com
Description: Baidu Inc, headquartered in Beijing, China, is a prominent player in the Video On Demand industry. Since its founding in 2000, Baidu has grown to become one of the largest internet companies in the world. With a workforce of 38,000 employees, Baidu operates a popular video streaming platform that offers a wide range of on-demand content to users. The company generates a substantial revenue of 107 billion dollars through its Video On Demand services, making it a key player in the media industry. Baidu's dedication to providing high-quality streaming experiences and its continuous expansion in the digital media landscape have solidified its position as a leading player in the Video On Demand sector.
#3 Comcast Corporation
Employees: 190K
Revenue: 108.9B$
Website: https://corporate.comcast.com/
Description: Comcast Corporation, headquartered in Philadelphia, United States, is a major player in the Video On Demand industry. Founded in 1963, the company has become one of the leading providers of video entertainment, high-speed internet, and voice services. With approximately 190,000 employees, Comcast operates through several subsidiaries, including NBCUniversal and Sky. Offering a wide range of content through its Xfinity platform, Comcast delivers on-demand access to movies, TV shows, and other media. The company's robust infrastructure and strong market presence have contributed to its impressive revenue of 108.9 billion dollars. Comcast continues to innovate and expand its offerings, solidifying its position as a key player in the media industry.
#2 AT&T Inc
Employees: 230K
Revenue: 181B$
Website: https://www.att.com/
Description: AT&T Inc, headquartered in Dallas, United States, is a major player in the Video On Demand industry. Founded in 1983, the company has a workforce of approximately 230,000 employees. With annual revenues reaching 181 billion US dollars, AT&T Inc operates a robust and extensive Video On Demand platform. The company offers a wide range of on-demand video content, including movies, TV shows, and original programming, accessible through its online platform and various media devices. AT&T Inc's Video On Demand service provides customers with a convenient and flexible way to enjoy high-quality entertainment at their convenience. With its vast content library and strong technological infrastructure, AT&T Inc continues to be a leading force in the Video On Demand industry.
#1 Tencent Holdings Limited
Employees: 89K
Revenue: 237B$
Website: https://www.tencent.com/
Description: Tencent Holdings Limited, headquartered in Shenzhen, China, is a leading company in the Video On Demand industry. Founded in 1998, Tencent has grown to become one of the largest internet companies in the world. With approximately 89,000 employees, Tencent operates various platforms and services, including its popular video streaming platform, Tencent Video. The company offers a wide range of content, including movies, TV shows, documentaries, and original programming. Tencent's Video On Demand services have gained immense popularity in China, attracting millions of viewers and generating substantial revenue. With its strong presence in the media industry, Tencent continues to innovate and expand its offerings to cater to the growing demand for online video content.
Summary
The analysis of the top companies in the Video On Demand (VOD) sub-industry has revealed some interesting insights. The rankings of these companies are based on their significant accomplishments and market presence. The top companies in the VOD sub-industry include major players like Netflix, Amazon Prime Video, Hulu, Disney+, and HBO Max.
One unexpected finding is the rapid growth of Disney+ in a relatively short period of time. Launched in November 2019, Disney+ has quickly gained a significant subscriber base and is now a major competitor in the VOD market.
Netflix, the pioneer of the VOD industry, continues to be a dominant force with a vast library of content and a strong global presence. Amazon Prime Video, a subsidiary of Amazon, benefits from its integration with the popular e-commerce platform and offers a diverse range of content.
One shared element among these top companies is their focus on original content production. Netflix, Amazon Prime Video, Hulu, Disney+, and HBO Max all invest heavily in creating exclusive and high-quality shows and movies to attract and retain subscribers.
What sets these eminent companies apart from their rivals is their ability to cater to different audience preferences. Netflix, known for its diverse content library, appeals to a wide range of viewers. Amazon Prime Video leverages its e-commerce platform to offer additional benefits to its subscribers. Hulu focuses on providing next-day access to broadcast content, while Disney+ capitalizes on its extensive collection of beloved franchises. HBO Max differentiates itself with its premium content offerings and exclusive partnerships.