SNL Kagan's global media & entertainment heavyweights
MUMBAI: It‘s that time of the year to take a dekko at the year‘s top 25 media and entertainment companies list as provided by market and media researcher SNL Kagan. The pecking order is based on both revenues and net income in 2012.
Mouse house Disney tops the list with revenues of $42.3 billion, which was a uptick of 3.4 per cent over the previous year. Net income was placed at $6.2 billion (up 17.4 per cent). Two films affected its performances. One, The Avengers, buoyed it up, while the other John Carter tanked, dragging it down. The Avengers had a total domestic gross of $623.4 million and a total worldwide gross of $1.51 billion and was a super smash hit. John Carter led to the management writing off $200 million even as it collected some $73.1 million at the box office.
At second spot is the Rupert Murdoch run News Corp which saw revenues rise 0.9 per cent at $33.7 billion in 2012, even as its net income dropped 51 per cent to $1.4 billion to take it to the No 8 spot on the profitability ranking. What led to profit plunge was the $2.9 billion pretax impaired and restructuring charge in Q4 related to the company‘s publishing businesses, especially those in Australia. Its Q4 results were stained in red to the tune of $1.55 billion as against a net income of $683 million in the previous year’s corresponding period.
Third place has Time Warner sitting pretty even though its revenues were shaved by 0.8 per cent at $28.7 billion compared to last year. It’s profitability however saw a growth of 4.6 per cent to $3 billion, placing it at No 2 on the profitability list.
The first advertising agency group to emerge in the Top 25 is Omincom Group which is placed at fourth place with revenues of $14.2 billion. Television and entertainment company CBS is not far behind at the No 5 spot with revenues of $14.1 billion and is closely followed by Viacom at No 6 with revenues of $13.9 billion.
The first information services company in the SNL Kagan list is Thomson Reuters with revenues of $13.3 billion which placed it at No 7. Perched at No 8 is Liberty Interactive Corp with $10 billion in revenues. Interpublic Group is the second advertising agency network in the list at No 9 with revenues of $7 billion. Radio and billboard group CC Media Holdings takes up the 10th sport with revenues of $6.3 billion.
When one looks at profitability, the first company in the list after Disney and Time Warner is Thomson Reuters with a profit of 2.1 billion. Viacom is at No 4 with profits of $2.0 billion. Liberty Interactive occupies fifth position with profits of $1.59 billion followed by CBS with $1.57 billion.
Liberty Media with $1.42 billion is just marginally ahead of News Corp’s $1.407 billion eight place in terms of profits. Omnicom with profits of $1.2 billion and Discovery Communications with profits of $945 million take the ninth and tenth spots.