In this article, we are going to read about the 5 biggest media companies in the world published by Insider Monkey recently. In 2020 the value of the global media industry exceeded $1.713 trillion, inched up by 3.8% since 2015 at a compound annual growth rate (CAGR). Additionally, the market is predicted to increase at a compound annual rate of 9.3% from $1.713 trillion in 2020 to $2.670 trillion in 2025.
And now let’s see what Insider Monkey has investigated for us. We have opted for three companies as a brief summarize. On the fourth spot we can see Walt Disney. In 2019, its total revenue was $65.39 billion, market cap was $328 billion, and the total assets were $200 billion, while the company employed 223,000 people. Walt Disney is an American, diversified global family entertainment and media company. According to its market cap, it’s among the largest companies in the world, and also one of the most lucrative one. It was launched as a cartoon studio in 1923, but now it’s involved in several sectors, such as studio entertainment, media networks, parks and resorts, and consumer products. Sony stands on the third spot on the compilation. In 2019, its total revenue was $79.2 billion, market cap was $328 billion, and the total assets were $208.3 billion, while the company employed 114,400 people. Sony is headquartered in Japan, and is involved in manufacturing PS5 and many games and software. The company also operates in the production, acquisition, and distribution of motion pictures and television programming and the operation of television and digital networks. Comcast Corporation stands on the second spot. In 2019, its total revenue was $108.7 billion, market cap was $171.7 billion, and the total assets were $262.4 billion, while the company employed 190,000 people. Comcast is headquartered in the United States. It’s among the leading media, entertainment, and communications companies in the world involved in the production of video, internet, and telephone services. For more information about the biggest media companies in the world, please click and jump to the link.
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