3. The Walt Disney Company
The Walt Disney Company ranks 3rd on this list of the biggest media companies in the world by revenue. Disney is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. The company was known as the leader in the American animation industry before diversifying into live-action film production, television, and theme parks. Growing as a leading media brand, Disney recently launched the very popular Disney Plus streaming service to compete with the likes of Netflix, Hulu, and others in the on-demand streaming market. The Walt Disney Company generated USD 69.57 billion in revenues last year making it one of the top media companies worldwide in 2020 by revenue. The company also has a market cap of USD 245.33 billion as of 2020, making it one of the largest media companies in the world by market cap.
4. Charter Communications
Charter Communications is an American telecommunications and mass media company that offers its services to consumers and businesses under the branding of Spectrum. Generating USD 43.63 billion in revenues last year, Charter Communications ranks 4th on this list of the top 10 largest media companies in the world by revenue in 2020. Charter Communications was founded in 1993 and acquired Time Warner Cable in 2015, boosting its media presence. As of 2020, Charter Communications has a market cap of USD 94.13 billion — making it one of the largest media conglomerates in the world.