The World's Largest Media and Press Companies in 2022: Are Any from Indonesia?

Comcast ranked as the world's largest media and press company on December 22, 2022. According to Companies Market Cap data, the company had a market capitalization of US$151.66 billion, equivalent to Rp2,363.16 trillion (using an exchange rate of Rp15,582/US$).

Previously, the US-based company was known as American Cable Systems. It was a provider of cable television products and services in the 1960s.

Comcast has grown into a global media and technology company with three main businesses: Comcast Cable (internet and communication services), NBCUniversal (news and entertainment), and Sky.

In second place is the Canadian media company, Thomson Reuters, with a market capitalization of US$53.87 billion or Rp839.4 trillion. Luxembourg-based Broadcasting Center Europe (BCE) ranks third with a market capitalization of US$40.16 billion or Rp625.77 trillion.

Next is the South African media company, Naspers, with a market capitalization of US$34.03 billion or Rp530.25 trillion.

Below are the top 10 largest media and press companies according to Companies Market Cap on December 22, 2022:

1. Comcast: US$151.66 billion / Rp2,363.16 trillion
2. Thomson Reuters: US$53.87 billion / Rp839.4 trillion
3. BCE: US$40.16 billion / Rp625.77 trillion
4. Naspers: US$34.03 billion / Rp530.25 trillion
5. Rogers Communications: US$22.66 billion / Rp353.08 trillion
6. Warner Bros Discovery: US$21.75 billion / Rp338.9 trillion
7. Fox Corporation: US$15.99 billion / Rp249.15 trillion
8. Liberty Media: US$12.04 billion / Rp187.6 trillion
9. Paramount Global: US$11.07 billion / Rp172.49 trillion

Elang Mahkota Energi is the only Indonesian company on the list of the 72 largest media and press companies in the world according to Companies Market Cap. This TV conglomerate, which owns SCTV and Indosiar, has a market capitalization of US$4.07 billion or Rp63.41 trillion.