15 Richest Media Owners in the World
The richest media owners are behind some of the major media conglomerates that deliver media and entertainment services to billions of people worldwide. The media and entertainment industry includes all types of broadcasting, including newspapers, magazines, television, radio, and mainstream forms of entertainment like film, music, games, the internet, streaming services, and books.
Media Industry During COVID-19 Pandemic
The media sector is one of the most heavily impacted industries by the pandemic. Productions and advertising activities were put to a halt which directly caused a significant revenue decline. But the worldwide lockdown led to a shift in media consumption. People are spending more time at home, which means there are more entertainment hours to fill, and in times of uncertainty, the public turns to trusted news sources and their streaming services for answers. People are also hungry for top-quality entertainment content like TV shows, movies and sitcoms.