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The entertainment industry includes a broad range of companies providing telecommunications services, streaming, television, music, video games, and live concerts.
As of Dec. 21, 2022, these are the 10 biggest entertainment companies ranked by revenue. This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through ADRs.
Some of the stocks below are only traded over-the-counter (OTC) in the U.S., not on exchanges. Trading OTC stocks often carry higher trading costs than trading stocks on exchanges. This can lower or even outweigh potential returns.
- Revenue: $121.2 billion
- Net Income: $5.4 billion
- Market Cap: $151.9 billion
- 1-Year Trailing Total Return: -27%
- Exchange: NASDAQ
Comcast is a global media and technology conglomerate that was originally founded as a cable company in the 1960s. In the decades since, Comcast has grown through mergers and acquisitions, buying major companies including media conglomerate NBCUniversal, and movie producer DreamWorks Animation. Comcast offers broadband, cable and network television, streaming internet, phone, and other related products, as well as television and film production.
- Revenue: $82.7 billion
- Net Income: $3.2 billion
- Market Cap: $158.7 billion
- 1-Year Trailing Total Return: -40.6%
- Exchange: New York Stock Exchange
Disney is a diversified global entertainment company that operates theme parks, resorts, cruise lines, and broadcast television networks. The company’s most recent addition is the entertainment streaming service, Disney+, which launched in 2019, and saw over 235 million subscribers in 2022.
- Revenue: $31.5 billion
- Net Income: $5 billion
- Market Cap: $128.3 billion
- 1-Year Trailing Total Return: -51.5%
- Exchange: NASDAQ
A global leader in streaming services, Netflix offers a variety of TV and movie entertainment services through a subscription-based model in 30 languages in 190 countries. The company launched the production of original movie programming, Netflix Originals, in 2015.
- Revenue: $30 billion
- Net Income: $3.1 billion
- Market Cap: $11 billion
- 1-Year Trailing Total Return: -38.8%
- Exchange: NASDAQ
Paramount delivers premium content to audiences across platforms worldwide through streaming, U.S. networks, and global content distribution. The company’s brands, which include CBS, Showtime, and BET, reach 4.3 billion subscribers across more than 180 countries.
- Revenue: $26 billion
- Net Income: -$5.2 billion
- Market Cap: $21.9 billion
- 1-Year Trailing Total Return: -64.3%
- Exchange: NASDAQ
Warner Bros. Discovery Inc. is a global media and entertainment company, offering brands and franchises across television, film, streaming, and gaming. The company combines WarnerMedia’s premium entertainment, sports, and news assets with Discovery’s leading non-fiction and international entertainment and sports businesses.
- Revenue: $15.1 billion
- Net Income: $190.4 million
- Market Cap: $15.8 billion
- 1-Year Trailing Total Return: -35.7%
- Exchange: New York Stock Exchange
Live Nation Entertainment Inc. works with artists to bring their creativity to life on stages around the world, responsible for 40,000 shows, more than 100 festivals and selling 500 million tickets per year.
- Revenue: $14.6 billion
- Net Income: $3.4 billion
- Market Cap: $45.8 billion
- 1-Year Trailing Total Return: -21.4%
- Exchange: NASDAQ
As a leading internet technology company based in China, NetEase, Inc., founded in 1997, provides premium online services centered around content creation. The company develops and operates some of China’s most popular and longest-running mobile and PC games including Knives Out, LIFEAFTER, and the Lord of the Rings series.
- Revenue: $14.3 billion
- Net Income: $4.4 billion
- Market Cap: $53.6 billion
- 1-Year Trailing Total Return: -9.4%
- Exchange: OTC Markets
Japanese entertainment company Nintendo develops and sells video game hardware and software. One of the most widely recognized and established brands in the video game industry, Nintendo has launched familiar products such as the Game Boy, Nintendo Switch, and the Super Mario Bros. game series.
- Revenue: $14.1 billion
- Net Income: $1.1 billion
- Market Cap: $16.3 billion
- 1-Year Trailing Total Return: -16.6%
- Exchange: NASDAQ
Fox Corp. develops and licenses a variety of programming including news, entertainment, sports, and other content. The company distributes its programming through broadcast and cable television, direct broadcast satellite services, and online streaming video platforms. Fox also manages production facilities including studios, sound stages, editing bays, and theaters.
- Revenue: $10.4 billion
- Net Income: $753.1 million
- Market Cap: $42.7 billion
- 1-Year Trailing Total Return: -12%
- Exchange: OTC Markets
Universal Music Group NV operates businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 territories. By developing recording artists and songwriters, Universal produces, distributes, and promotes the most popular and commercially successful music worldwide.
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