The Top 25 Media Companies Minting Money
The numbers for the top media companies of 2012 are out from data that was analyzed by media researcher SNL Kagan. The researcher analyzed total annual revenue and profitability to come up with a collection of the top 25 companies.
It is not surprising that many giants were on the list, with Disney (NYSE:DIS) coming out on top. Disney had $42.3 billion in revenue, which was a 3.4 percent increase. Additionally, Disney saw a 17.4 percent increase in net income.
There were some changes in the data as News Corp. (NASDAQ:NWSA) dropped from second place to eighth place. Although the company recorded $33.7 billion in revenue, it had problems with its publishing division. That meant that the company saw a 51 percent decrease in annual net income. Time Warner (NYSE:TWX) was in third place for revenue, and it was in second place to Disney with regard to profitability.
The rest of the top ten in terms of revenue were Omnicom Group (NYSE:OMC) with $14.2 billion, CBS (NYSE:CBS) at $14.1 billion, and Viacom (NYSE:VIAB) at $13.9 billion. Thomson Reuters had $13.3 billion in revenue, Liberty Interactive (NASDAQ:LINTA) had $10 billion, Interpublic Group of Cos. (NYSE:IPG) had $7 billion, and CC Media Holdings had $6.3 billion.
The companies were also ranked in terms of profitability. The third most profitable company was Thomson Reuters at $2.1 billion, Viacom came in at $2 billion, and Liberty Interactive had $1.59 billion. CBS came in at $1.57 billion, News Corp’s profits were $1.407 billion, Omnicom’s were $1.2 billion, and Discovery Communications’ (NASDAQ:DISCA) were $945 million.
Some newer companies also appeared on the list. Coinstar (NASDAQ:CSTR) moved from the 25th position to the 22nd position. Netflix (NASDAQ:NFLX) was 17th on the list, which was the same position it held last year. Thus, although the media giants maintain their top positions, some of the newer companies have already made huge profits and look like they are here to stay.
Don’t Miss: Will Amazon’s Outage Hurt Like Netflix’s?