The UK media and entertainment sector in numbers The UK media and entertainment industry is a diverse and dynamic place. There is no official definition of what constitutes a ‘media’ company; our definition encompasses creative content (including music, TV, film, news, magazines, books, video gaming, social media and advertising content) and the platforms and distribution networks that deliver it to audiences and customers (such as TV networks, cinema distributors, B2B data exchanges and music publishers). Media and entertainment by revenue Based on this definition, the largest 100 media and entertainment companies in the UK have a combined revenue of £87bn. Revenue generation in the industry is concentrated in the hands of a few companies that dominate their respective markets. The top ten largest companies in our ranking have combined revenues of £59bn, or 68 per cent of the total. Television, advertising and information publishing dominate our ranking, both in terms of the number of companies represented and total revenue generated. These three sub-sectors account for over half of the companies in the top 100 and 80 per cent of total revenue. News publishing and film production and distribution are also well represented, but are much smaller than the leaders in terms of size. The average annual revenue of a newspaper publisher in our list is £483m, compared with £1.8bn for television companies. Figure 1. Top 100 revenue concentration (% of total) Companies 51-100 Companies 11-50 8% Top 10 companies account for over two thirds of all revenue in the 24% Top 100 68% Source: Company data, Deloitte analysis 4
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