Monday, December 2, 2013

Media Businesses on the Plus Side

Courtesy of SNL Data Dispatch comes a report of the top earners of media companies for the third quarter of 2013.  Some highlights:
  • Disney continued its reign of top earner, reporting revenues of $11.57 billion for the quarter, up 7% from the previous year, with a net income of $1.54 billion (up 11%)
  • 21st Century Fox moved into second on the revenues list as revenues rose nearly 18%, even though its net income dropped by 44%.  (The 2012 numbers had included Newscorp, which has since split off into a separate company
  • Completing the top 5 in revenues and income were TimeWarner, Viacom, and CBS (in that order)
  • Newscorp  retained a top 10 spot in revenues, despite nearly a 3% revenue decline
  • Discovery Communications saw revenues gain over 27%

Source -  Disney still No. 1 among media earners but 21st Century Fox making gains,   SNL Data Dispatch report.

No comments:

Post a Comment