The World’s Largest Media Companies 2022: Netflix Falls In The Ranks After Subscriber Loss, Disney Climbs To No. 2

📆 10/19/2022 2:50 AM
📰 Forbes

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The granddaddy of streaming lands at No. 240 on the Global 2000, 21 spots lower than last year’s list, as the media industry continues to look to its latest announcements as a sign of caution.

in the aftermath of its first quarter earnings report with Wall Street analysts warning that its plan to revive subscriber growth is likely to take years.

Forbes compiles our Global 2000 list using data from FactSet Research data to screen for the biggest public companies in four metrics: sales, profits, assets and market value. Our market value calculation is as of April 22 closing prices and includes all common shares outstanding.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix snaps streak of subscriber declines and beats on earnings, stock jumps 15%Netflix added more than 2 million subscribers after two consecutive quarterly declines, sending its shares more than 10% higher in after hours. $NFLX announced third-quarter earnings of $3.10 a share, down from $3.16 a share a year ago: Stranger Things seasonals? Trader_XO Send this company to 0 Up day tomorrow too then I guess. We inching back...
Source: MarketWatch - 🏆 3. / 97 Read more »