Largest Media Companies by Market Capitalization
Just six companies accounted for an estimated 90% of all media consumption back in 2011, and the industry has only grown more concentrated since. The U.S. Telecommunications Act of 1996 eased ownership restrictions and accelerated a wave of mergers, giving rise to the sprawling media conglomerates that dominate the sector today.
The largest media companies by market capitalization span film, television, streaming, news, music, and publishing. Most trade on U.S. exchanges, though some — like Sony Group — are also listed in Tokyo. Revenue in this industry flows through a uniquely multi-stream model: subscriptions, advertising, license fees, rentals, and direct sales.
Among the leading names:
- Streaming & entertainment: Netflix (NFLX), operating in more than 190 countries, and Walt Disney (DIS), which owns Pixar, Marvel, Lucasfilm, ESPN, and the Disney+ platform.
- Broadcast & telecom: Comcast (CMCSA), the parent of NBCUniversal, Xfinity, Sky, and the Peacock streaming service.
- Film & cable: Warner Bros. Discovery (WBD), formed from WarnerMedia’s spin-off and merger with Discovery, housing HBO, DC Entertainment, and the Warner Bros. studios.
- News & sports: Fox Corporation (FOX/FOXA), which retained the FOX broadcast network, Fox News, and the Tubi streaming service after the separation of 21st Century Fox.
- Film & music: Sony Group (SONY), whose entertainment arm includes Sony Pictures, Columbia, TriStar, Crunchyroll, and Sony Music Entertainment — one of the three major record labels.
Control over popular intellectual property, production studio assets, and strong brands remains the key differentiator among the world’s largest companies. Many of the top media conglomerates combine film studios with television networks, streaming platforms, and music divisions under a single corporate umbrella.
Regulated brokerThe table below ranks the largest publicly traded media companies by market capitalization. It includes only publicly listed companies, and all data — price, market cap — is regularly updated to reflect current market conditions.
| Stock | Price | Change % | Marketcap |
|---|---|---|---|
 Comcast CMCSA | $25.17 | 1.70% | 89.32B |
 Thomson Reuters TRI | $100.15 | 1.56% | 43.72B |
 Naspers NPSNY | $10.68 | 2.02% | 40.05B |
 BCE BCE | $22.77 | 3.22% | 21.23B |
 Rogers Communication RCI | $34.54 | 1.80% | 18.66B |
 Warner Bros. Discovery WBD | $26.40 | 1.66% | 66.19B |
 Fox Corporation FOX | $55.37 | 6.07% | 23.25B |
News Corp NWS | $33.87 | 2.23% | 18.33B |
New York Times NYT | $64.77 | 1.08% | 10.48B |
 Trump Media & Technology Group DJT | $9.89 | 0.70% | 2.74B |
Nexstar Media Group NXST | $187.97 | 1.08% | 5.74B |
RTL Group RRTL.F | $37.96 | 1.55% | 5.87B |
 Quebecor QBR-B.TO | $47.97 | 5.94% | 10.81B |
Millicom TIGO | $104.31 | 13.64% | 17.48B |
 ITV plc ITV.L | $0.987 | 1.74% | 0.037B |
 Graham Holdings GHC | $1,195.16 | 1.45% | 5.06B |
 Groupe Lagardère MMB.PA | $21.70 | 0.97% | 3.10B |
Travel + Leisure TNL | $77.33 | 0.73% | 4.74B |
 Sun TV Network SUNTV.NS | $5.15 | 0.84% | 2.03B |
 Ziff Davis ZD | $50.95 | 3.36% | 1.88B |
 Kadokawa 9468.T | $22.33 | 1.76% | 3.28B |
John Wiley & Sons WLY | $53.65 | 1.49% | 2.72B |
TF1 TFI.PA | $8.11 | 0.65% | 1.71B |
MFE-Mediaforeurope MFEA.MI | $3.10 | 1.28% | 2.17B |
Televisa TV | $2.84 | 3.65% | 1.50B |
NOS NOS.LS | $5.66 | 1.70% | 2.90B |
Métropole Télévision (Groupe M6) MMT.PA | $13.94 | 1.34% | 1.75B |
 Cogeco CCA.TO | $43.34 | 1.12% | 1.82B |
 ProSiebenSat.1 Media PSM.F | $4.55 | 10.49% | 1,059.48M |
 Elang Mahkota Teknologi EMTK.JK | $0.03 | 0.00% | 0.00181T |
Zee Entertainment ZEEL.NS | $0.974 | 2.09% | 0.935B |
Peloton PTON | $5.51 | 15.57% | 2.38B |
Sanoma SANOMA.HE | $10.62 | 0.33% | 1.73B |
Future plc FUTR.L | $4.28 | 0.32% | 3.81M |
Cars.com CARS | $11.74 | 0.84% | 656.30M |
Scholastic SCHL | $39.90 | 6.07% | 752.62M |
Network18 NETWORK18.NS | $0.315 | 1.05% | 0.486B |
Gray Television GTN | $4.28 | 1.61% | 439.72M |
 AMC Networks AMCX | $11.87 | 1.33% | 489.64M |
 Gree 3632.T | $2.51 | 0.25% | 0.432B |
Reservoir Media RSVR | $10.29 | 0.34% | 678.43M |
Daily Journal DJCO | $576.85 | 3.66% | 794.76M |
fuboTV FUBO | $8.99 | 15.67% | 264.70M |
E. W. Scripps Company SSP | $2.95 | 2.79% | 270.05M |
 Viaplay Group VPLAY-B.ST | $0.148 | 1.22% | 0.671B |
Dish TV DISHTV.NS | $0.029 | 1.78% | 0.053B |
 Weathernews Inc. 4825.T | $12.44 | 0.05% | 0.553B |
Reach plc RCH.L | $0.568 | 0.36% | 1.79M |
iHeartMedia IHRT | $3.80 | 0.26% | 574.38M |
 Jagran Prakashan JAGRAN.NS | $0.66 | 0.11% | 0.144B |
GTPL Hathway GTPL.NS | $0.63 | 0.08% | 0.071B |
 Television Broadcasts (TVB) 0511.HK | $0.32 | 5.46% | 0.149B |
Townsquare Media TSQ | $6.33 | 0.47% | 113.65M |
Entravision Communications EVC | $11.41 | 1.64% | 1.05B |
 Bushiroad 7803.T | $2.38 | 0.53% | 0.323B |
Saga Communications SGA | $9.53 | 1.44% | 60.73M |
AlphaPolis 9467.T | $6.43 | 1.17% | 0.187B |
Postmedia Network Canada PNC-A.TO | $0.707 | 0.00% | 69.98M |
Gaia GAIA | $1.90 | 0.00% | 48.10M |
 Urban One UONE | $5.22 | 0.82% | 24.08M |
 Hindustan Media Ventures HMVL.NS | $1.09 | 0.23% | 0.08B |
Sýn hf. SYN.IC | $0.174 | 0.00% | 0.043B |
 Lee Enterprises LEE | $8.12 | 1.88% | 180.51M |
PLBY Group (Playboy) PLBY | $1.16 | 0.00% | 134.09M |
Radio City RADIOCITY.NS | $0.072 | 0.43% | 0.025B |
Comscore SCOR | $7.49 | 1.19% | 113.05M |
Buzzfeed BZFD | $1.13 | 1.80% | 94.05M |
Alta Global Group MMA | $0.408 | 3.09% | 10.81M |
The Arena Group AREN | $1.58 | 4.64% | 75.21M |
Beasley Broadcast Group BBGI | $23.63 | 4.43% | 42.76M |
Salem Media Group SALM | $0.96 | 1.03% | 30.42M |
VS Media VSME | $1.28 | 2.40% | 3.56M |
Grom Social Enterprises GROM | $0.0002 | 0.00% | 1.80K |