Media landscape

Distribution

Content

Streaming video

CIRCLES SIZED BY MARKET CAP (as of May 2021)

Peacock

42M subs

NBC, E!,

Bravo, CNBC

Disney+

100M subs

20th Century

Fox Studios

Hulu

$27.5B

42M subs

Comcast

$261B

20M video

31M broadband

subscribers

33%

STAKE

67%

STAKE

Disney/21st

Century Fox

$321B

Sky

ESPN

Universal

Studios

Warner Bros.

Studios

HBO/HBO Max

64M subs

Lucasfilm

Marvel

Studios

Fox

$21B

To spin off for

70% STAKE

DirecTV

<$16B

17M video

Fox

broadcast

AT&T/WarnerMedia

$211B market cap

15M broadband

Netflix

$223B

208M subs

Columbia

Pictures

Fox cable

(Fox News,

Fox Sports)

Turner (CNN,

TNT, TBS)

Charter

$131B

16M video

29M broadband

To spin off

WarnerMedia

to Discovery for

71% STAKE

Discovery+

17M subs

Sony

Pictures

$27B*

Discovery

$16B

Verizon

$233B

4M video

7M broadband

Sony

Pictures TV

Discovery,

Food Network,

HGTV

Altice

USA

$24B

3M video

4M broadband

RELATIVE

MARKET CAP

Apple:

$2.1T

Amazon:

$1.6T

Google:

$1.6T

Facebook:

$929B

Cheddar

Lionsgate

$3.8B

Starz

James

Bond

MGM

$6.5B

Lionsgate

Films

Lionsgate

TV

Cox

$39B**

3M video

6M broadband

Amazon

to acquire

MGM

Epix

Paramount+/

Showtime

36M subs

Dish

$23B

11M video

(includes Sling)

CBS

AMC

$2.2B

ViacomCBS

$28B

Roku

$46B

51M subs

IFC

Films

AMC, IFC,

BBC America

Paramount

MTV, Comedy

Central, BET

Note: *Assumes 3.8 revenue multiple **Assumes 3.1 revenue multiple

Source: the companies, news reports, Leichtman Research Group (cable/internet subs)

Media landscape

Distribution

Content

Streaming video

CIRCLES SIZED BY MARKET CAP (as of May 2021)

Peacock

42M subs

NBC, E!,

Bravo, CNBC

Disney+

100M subs

20th Century

Fox Studios

Hulu

$27.5B

42M subs

Comcast

$261B

20M video

31M broadband

subscribers

33%

STAKE

67%

STAKE

Disney/21st

Century Fox

$321B

Sky

ESPN

Universal

Studios

Warner Bros.

Studios

HBO/HBO Max

64M subs

Lucasfilm

Marvel

Studios

Fox

$21B

To spin off for

70% STAKE

DirecTV

<$16B

17M video

Fox

broadcast

AT&T/WarnerMedia

$211B market cap

15M broadband

Netflix

$223B

208M subs

Columbia

Pictures

Fox cable

(Fox News,

Fox Sports)

Turner (CNN,

TNT, TBS)

Charter

$131B

16M video

29M broadband

To spin off

WarnerMedia

to Discovery for

71% STAKE

Discovery+

17M subs

Sony

Pictures

$27B*

Discovery

$16B

Verizon

$233B

4M video

7M broadband

Sony

Pictures TV

Discovery,

Food Network,

HGTV

Altice

USA

$24B

3M video

4M broadband

RELATIVE

MARKET CAP

Apple:

$2.1T

Amazon:

$1.6T

Google:

$1.6T

Facebook:

$929B

Cheddar

Lionsgate

$3.8B

Starz

James

Bond

MGM

$6.5B

Lionsgate

Films

Lionsgate

TV

Cox

$39B**

3M video

6M broadband

Amazon

to acquire

MGM

Epix

Paramount+/

Showtime

36M subs

Dish

$23B

11M video

(includes Sling)

CBS

AMC

$2.2B

ViacomCBS

$28B

Roku

$46B

51M subs

IFC

Films

AMC, IFC,

BBC America

Paramount

MTV, Comedy

Central, BET

Note: *Assumes 3.8 revenue multiple **Assumes 3.1 revenue multiple

Source: the companies, news reports, Leichtman Research Group (cable/internet subs)