Companies in this industry comprise of establishments primarily engaged in production and/or distribution of motion pictures, videos, television programs, commercials or the postproduction and related services. Major US companies include Disney, NBCUniversal (owned by Comcast), Paramount, and Warner Bros Discovery. Major companies outside the US include Bertelsmann and ProSiebenSat1 Media (both based in Germany) and Vivendi (France).
COMPETITIVE LANDSCAPE
Demand is driven by consumer spending and leisure time. The profitability of individual companies depends on creativity, marketing, and distribution. Large companies have advantages in financing, wide distribution networks, and marketing expertise. Small companies can compete successfully by focusing on special topics, niche audiences, or non-mainstream TV channels. The US industry is concentrated: the top 50 companies account for about 70% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services include licensing of audiovisual works (about 40% of industry revenue), audiovisual performances production (about 10%), and admission to film exhibitions (about 10%). Other services and products include sales of intellectual property, meals snacks, and support services for production.