5 Largest Media Companies In The World In 2023

3. The Walt Disney Company (NYSE:DIS)

Total Revenue 2022: $82.7 billion  

The Walt Disney Company (NYSE:DIS), a global entertainment giant, plans to nearly double its investment in its parks, experiences, and products segment over the next decade. CEO Bob Iger identifies film studios, the parks business, and streaming as growth drivers. They aim to offer ESPN as a standalone option. In Q2 2023, The Walt Disney Company (NYSE:DIS) reported $1.49 billion in net income, with revenue at $21.82 billion, and their parks division saw a 17% YoY revenue increase. Disney restructured into three segments, with a focus on streaming. While they showed subscriber growth for Disney+, they also reported substantial losses.