Top 6 Entertainment Companies with the Highest Revenue at the Start of the Pandemic
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The entertainment industry is driven by various types of companies, such as television companies, film producers, music producers, and telecommunications and technology companies.
When the Covid-19 pandemic hit the world in 2020, the entertainment industry was one of the sectors impacted, especially those relying on live audiences, such as music concerts or cinemas.
However, entertainment companies that were able to operate in the digital realm experienced a business increase during the first year of the pandemic.
According to Investopedia data, here are 6 entertainment companies with the largest global revenue at the beginning of the 2020 pandemic:
1. Comcast Corp: US$105.6 billion (Rp1,537.7 trillion)
2. The Walt Disney Co: US$69.7 billion (Rp1,014.9 trillion)
3. Charter Communications Inc: US$46.6 billion (Rp678.6 trillion)
4. ViacomCBS Inc: US$32.8 billion (Rp477.6 trillion)
5. Bolloré SA: US$27.7 billion (Rp403.35 trillion)
6. Netflix Inc: US$22.6 billion (Rp329.09 trillion)
Comcast Corp, which topped the list, is a global media and technology conglomerate.
Comcast was initially founded as a cable company in the 1960s. However, over the following decades, Comcast grew rapidly through mergers and acquisitions.
Some of the companies Comcast has acquired include the media corporation NBC Universal, film producer DreamWorks Animation, and the digital television service company XUMO.
(Also read: 5 Entertainment Websites with the Most Visitors in Indonesia, YouTube Number 1)
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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