Top Big Media Companies to Watch Out for this 2024
Last update: 21 December 2023 at 01:37 pm
The media industry is powered by creativity and justified by the consumer demand for entertainment. There are sub-industries within that range from artistic to technical. The scene is dynamic and varied.
While the term ‘media’ may cover many aspects, we generally think of it as screenplay, music, and news production. These are the prominent bastions within the industry.
From a consumer perspective, the best media companies are the biggest on the scene and are often composed of other smaller brands. These empires are segregated at production levels and usually keep their names even though they have changed ownership.
Popular opinion is that big media companies are the best to work for. The processes in large organizations are usually rigid, focusing more on dealing with more significant workforces than individuals.
Standardized protocols control career growth in a setting like this. These filter through candidates shortlisting potential. At nonmanagerial levels, it can be quite a dehumanized process.
What is a Media Company
A media company, by definition, is a provider of broadcasting, film, and internet-based services. The advent of digital user-based technology is redefining the industry. The use of traditional fixed TV scheduling and on-paper productions is decreasing. Consumer trends are veering in the direction of digitized options instead.
In its current form, the industry follows a business model based on communication, aggregation, and distribution of data in digestible formats.
Examples of these are film and entertainment made available to large audiences. The consumers of this media have access to the latter through different forms. However, the internet is always the favored access point.
The advent of smart device technology and easy internet access has empowered the individual. The availability of self-help software allows people to create their own media. Companies now focus on self-help applications and refinement services for user material to adjust to this new trend.
Traditional Media Industries
The most common forms of media can be broken down into 11 subsections:
10 Best Media Companies to Work for
Here, we review the ten biggest media companies in the market. Remember that no matter how well-known a company is, it will always have pros and cons.
TWDC Enterprises 18 Corp.
The Walt Disney Corporation is the world’s most extensive media bastion, its roots running deep. The company owns various assets, encompassing movies, publications, and theme parks. Furthermore, the Disney/ABC television group has a portfolio and a network of over ten cable TV stations. Did you know that Disney is an 80% Shareholder in ESPN?
Of the best media companies to work for, TWDC is the most expansive.
An estimated 200,000 people hold down jobs for this franchise. The ratings give mixed scores and opinions. We can tell from reviews that 50% of employees feel the work-life balance is healthy. These are positive metrics.
Walt Disney hires the services of many freelancers and has a supportive working environment, making the conditions pleasing.
TWDC offers internships for college students and graduates. These programs embrace subjects ranging from story and visual development to production management and post-production. Most of the work is limited to one area of Disney’s studio, but mentors delegate various assignments.
The latter helps both the corporation and the intern. Disney uses this mechanism as a means to scout for potential. On the other hand, the student can see what their future work environment will be like on that career path.
Twenty-First Century Fox Corporation (now divided between Disney and FOX) is the world’s most diverse and creative network. Its media interests extend to book, television, newspaper, and film publications.
Fox operates and owns a portfolio of movie cable and satellite assets. It, in turn, is owned by the panoptic Walt Disney.
The company has a workforce of 21,700 people and employs people in the US, the UK, and Australia.
Under the direction of Stacey Snider, this media company got an 80% rating from its employees. Of late, there seem to be less favorable opinions. It comes with the change of ownership in April 2019.
Warner Media LLC
Previously known as Time Warner, the corporation owns HBO, Cinemax, Turner, and Warner Bros. The news networks belonging to the group are CNN, TBS, and TNT. The conglomerate was bought over in 2018 and has since been operating under AT&T. The media company’s holdings include many big studios in broadcasting.
It fills 25,000 job positions, and the working experience rating for Warner LLC is 78%, with 94% CEO approval. The positive business outlook of the company was a dubious 51%. Speculation is that it may have been an influencing factor in selling.
NB, the new associate director at Warner, replied to reviews on Indeed on the 7th of January, Saying that Warner is no more. The latter comes in the wake of the AT&T acquisition. The director also mentioned new applicants should bear this in mind when applying.
NBCUniversal Media LLC
NBC has more than 200 affiliate stations and owns ten of them. Its portfolio comprises the following assets: Telemundo, Bravo, E! Entertainment, SYFY, Oxygen, US Network, and USNBC. Theme parks in the US, Japan, and Singapore add to their collection. As determined by its ratings, it’s one of the best media companies to work for.
The fields of opportunity here are expansive.
This company employs over 10,000 people and has a relatively good rating by its employees. CEO Jeff Shell also seems well-liked, getting 96% approval from his workers.
Directv Group Holdings LLC
Directv Group is a notably prominent American-based company, and while it’s made it to the rating systems, there is not much data to go on. The firm generated about 6.81 billion USD in 2018 and is a subsidiary of AT&T. It serves a global market and produces entertainment-based demand for the masses. In America alone, it entertains 20 million people.
The company employs almost 32,000 employees. The employee’s rating of the company is an average of 80%. Its sales department is said to have high expectations to the point where it’s unrealistic. Workers in this company division say that the work environment can be stressful.
Viacom creates entertainment for clientele across the world. It produces media through films and TV. It drives iconic brands like Paramount Pictures, CBS, Nickelodeon, MTV, BET, Comedy Central, CBS All Access, Pluto TV, and Simon and Schuster. The content provided by the company is available in more than 180 countries and competes with Netflix, NBCUniversal, and Warner Media.
Over 10,000 individuals have jobs in this broadcasting business. The company itself gets an average rating of 72% on known review platforms. From the scores, it appears that more people have good experiences here than bad and thus render positive feedback. CEO Robert Bakish seems well-liked, and general reviews give him an 86% rating.
National Amusements Inc.
This company has humble beginnings. It started as a small drive-in theatre and is now at a point where it controls over 70% of companies like CBS Corporation and Viacom. Sumner Redstone is the main shareholder and, coincidentally, was a chairman at both CBS and Viacom.
National Amusements Incorporated is among the largest, but there doesn’t seem to be much love for Sumner Redstone. The theatre company employs over 10,000 people, and the ratings from this demographic are low. Redstone only gets a 32% approval rating as the CEO. The company itself scores about 62% from general reviews.
It’s a theatre company; therefore, you will get a related job here. Unless you work in management, don’t expect beautiful things to happen. One of the perks mentioned in reviews is the complimentary movie tickets.
The name of this company in 1979 was Entertainment and Sports Programming Network. The new name (ESPN) was adopted in 1985.
A leading cable network, reaching over 100 million viewers per month. Its broadcasting is available in countries outside of the US, too. It’s headquartered in Bristol and co-owned by Disney.
It’s said that having a healthy work environment is a firm advocate of fairness in the workplace and gives particular focus to issues like disability. The brand also advocates for the LGBTQI community.
James Pitaro is relatively young as far as large companies’ CEOs go. He does seem well-liked, and reviews indicate that the network generally has a pleasant work culture. Overall, the ratings are pleasing; the CEO rating is 90%, and ESPN as an employer is rated at about 76%.
The most common vacancy is the production assistant. However, there seem to be mixed opinions from the camp. Many say it’s an excellent out-of-college job and an ideal place to kick-start your career. What would help a lot here is if the employee liked sports.
Considering its bearing on social issues and the favorable score, ESPN is one of the best media companies to work for.
News Corporation is a publicly-owned news enterprise that is one of the largest corporations in the world. Its on-paper productions are the Wall Street Journal, New York Post, Australia’s Herald Sun, and England’s The Times and The Sun.
What makes the company a monolith is its ownership of the Dow Jones. Factiva Information Services and HarperCollins, book publishers, also belong to the parent organization. Its television interests are in Australia, where it owns the Australian News Channel and most stocks in Foxtel.
What makes it unique is that it’s the first mega-corporation specializing almost solely in publishing. The company’s weak point seems to be its recruitment process. It doesn’t let you know when your application is unsuccessful. This behavior is harsh, especially if you’ve been called in for multiple interviews.
There are cases where employees are happy with the process. Some employees feel the organization has an excellent work-life balance. Robert Thompson is the CEO, and his approval score is 76%. The general rating for the company is 64%.
The invention of employer ratings is an excellent tool for the job hunter. It often seems like the organizations conduct their affairs with an air of impunity, imposing upon the underlings as they see fit. Whether or not it is the case, review companies do well to keep them in check.
When looking at reviews, it’s crucial to realize bad ratings come from personal experience within a company. The repetition of bad reviews may speak of fundamental issues within the specific organization. So, although we have lined up what we assess as the best media companies to work for in 2024, remember that each experience is unique.