10 Biggest Entertainment Companies

The entertainment industry includes a broad range of companies providing telecommunications services, streaming, television, music, video games, and live concerts.

These are the 10 biggest entertainment companies as measured by trailing 12-month (TTM) revenue. This list is limited to companies that are publicly traded in the U.S., either directly or through ADRs. All figures are as of December 21, 2022, courtesy of YCharts.

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.

1. Comcast Corp. (CMCSA)

• Revenue (TTM): $121.2 billion
• Net Income (TTM): $5.4 billion
• Market Cap: $151.9 billion
• 1-Year Trailing Total Return: -27%
• Exchange: NASDAQ

Comcast is a global media and technology conglomerate founded as a cable company in the 1960s. In the decades since, Comcast has grown through acquisitions such as 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 through its many platforms such as Xfinity and Sky.

2. The Walt Disney Co. (DIS)

• Revenue (TTM): $82.7 billion
• Net Income (TTM): $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.

3. Netflix Inc. (NFLX)

• Revenue (TTM): $31.5 billion
• Net Income (TTM): $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.

4. Paramount Global (PARA)

• Revenue (TTM): $30 billion
• Net Income (TTM): $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. 

5. Warner Bros. Discovery Inc. (WBD)

• Revenue (TTM): $26 billion
• Net Income (TTM): -$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.

6. Live Nation Entertainment Inc. (LYV)

• Revenue (TTM): $15.1 billion
• Net Income (TTM): $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.

7. NetEase Inc. (NTES)

• Revenue (TTM): $14.6 billion
• Net Income (TTM): $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.

8. Nintendo Co. Ltd. (NTDOY)

• Revenue (TTM): $14.3 billion
• Net Income (TTM): $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.

9. Fox Corp. (FOXA)

• Revenue (TTM): $14.1 billion
• Net Income (TTM): $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 including FOX News, FOX Sports, the FOX Network, FOX Television Stations, and leading AVOD service Tubi. 

10. Universal Music Group NV (UNVGY)

• Revenue (TTM): $10.4 billion
• Net Income (TTM): $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.