Published on 29 Apr 2024 on Insider Monkey via Yahoo Finance
25 Richest Billionaires in Media and Entertainment
In this article, we discuss the 25 richest billionaires in media and entertainment industry. To skip our detailed analysis of the media and entertainment industry, go directly to the 5 Richest Billionaires in Media and Entertainment Industry.
Media and Entertainment Industry Outlook
Media and entertainment is a vast industry with many sectors including social media, film, music, television, and advertising, among others. On January 24, Variety reported that as per Omdia’s senior research director María Rua Aguete, the media and entertainment industry is expected to surpass a $1 trillion valuation in 2024. The trillion-dollar mark is driven by diverse segments, with online video projected to be valued at $345 billion, games at $255 billion, music at $44 billion, and cinema at $41 billion. These segments from the media and entertainment industry will significantly contribute to the industry’s growth.