1. AT&T
What is the largest media company? AT&T is the largest media company in the world by revenue, generating USD 181.2 billion last year. AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. As of now, AT&T is also the world’s largest telecommunications company. In 2018, AT&T acquired Time Warner Inc. and gained media properties such as Turner Broadcasting and HBO; Warner Bros. branded film, TV shows and video game properties; and publishing properties. As of 2020, AT&T has a current market cap of USD 283.07 billion — making it one of the largest media companies in the world by both revenue and market cap.
2. Comcast
Ranking 2nd on this list of the top 10 largest media companies in the world by revenue is Comcast, an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. Comcast has a subscriber count of 21,650,000 and is known for the well-known Xfinity brand for its cables services. The company was founded in 1963 and offers Cable/Fiber services. Comcast is the parent company of NBC Universal since 2011. Comcast owns and operates Xfinity residential cable communications and over-the-air national broadcast network channels such as NBC, Telemundo, TeleXitos, and Cozi TV. Last year Comcast generated USD 108.94 billion in revenues making it 2nd on this list of the biggest media companies worldwide by revenue in 2020.