7. CBS
CBS is an American commercial broadcast television and radio network that is the flagship property of the CBS Entertainment Group division of Viacom CBS. CBS ranks 7th on this list of the top 10 largest media companies in the world by revenue in 2020. CBS operates in many spaces of broadcasting and media such as TV, print, radio, on-demand streaming, advertising, digital media, and more. CBS has a market cap of USD 16.45 billion as of 2020 — making it one of the top media companies in the world by market performance.
8. Viacom
Viacom has been succeeded by Viacom CBS but before it was defunct it was the 8th largest media company in the world, bringing in annual revenues of USD 12.83 billion. Viacom was an American multinational mass media conglomerate with interests primarily in film and television, which was formed as a spin-off of the first Viacom on December 31, 2005. Viacom’s entertainment business includes brand names like Paramount Pictures, MTV Films, Nickelodeon, and more. Viacom has a market cap of USD 10.65 billion.