Both of those titans launched streaming services in late 2019 to compete with the longest standing platforms including Hulu, Amazon Prime Video and the aforementioned Netflix. The old guard still ranks highly on the Forbes Global 2000 with Comcast CMCSA and Charter Communications CHTR taking the top two media slots and being the only two media companies in the top 100 at No. Rounding out the top 10 media companies are Netflix at No. “Everyone is chasing Netflix now, whether it be cable companies or programmers. The future is going to be direct-to-consumer.”Old guard media companies are pivoting and investing heavily in subscription services.

Source: Forbes May 13, 2021 09:56 UTC