Top 10 Media & Broadcasting Companies in the World 2016
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3. Time Warner Inc
With leading film & television brands such as HBO, Warner Bros and Turner, Time Warner is third largest Media and Entertainment Company in the world.
Image: company website
Headquartered in New York, Time Warner was formed after a merger of Time Inc and Warner Bros in the 1990. With a strategy to become the world’s leading video content company and after a series of further M&A and consolidation activities, Time Warner now consists of three divisions - Home Box Office Inc (HBO), Turner Broadcasting System, Inc, and Warner Bros.
These divisions together encompass a range of businesses in Television networks & broadcasting, feature films and television entertainment, worldwide distribution to home video, digital distribution, animation, comic books, videogames, licensing and international cinemas. The company’s full-year revenues and Adjusted Operating Income increased 3% and 19% from 2014 to $28.1 billion and $6.9 billion as on 31st Dec 2015, respectively, due to growth across all operating divisions.
Through their "Content Everywhere" initiatives, Time Warner looks to capitalize on the shift to on-demand viewing and growing worldwide demand for the very best video content and gives consumers access to its high-quality content across platforms and devices and on demand. Among Time Warner's digital products and services are: HBO and Cinemax services that offer the pay-television industry's leading SVOD services, as well as live streaming of content on mobile devices through its various apps, digital sites, bestselling online games and home video distribution through various formats such as VOD and EST.
The company invests in all forms of entertainment ranging from films, TV, sports, Video on Demand, video games, comics etc. Each of its 3 brands churn out hits year after year and propel the growth of the company. 2015 has been the best year ever in video games for Warner Bros and it also remained the number one supplier of broadcast television programming, including the biggest new hit of the TV season in Blindspot. Mad Max: Fury Road and Creed received a combined 11 nominations for the 88th Academy Awards.” CNN was the fastest-growing top 40 cable network in its key demographic in the U.S. for the year.