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The 16 Most Profitable Media Companies

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With third quarter reports looming in under a month, we decided to take a look at the entertainment companies to watch.

We turned to SNL Financial, a corporate and market data collector, who revealed its list of the top 25 media companies last week based on net income from Q2 of 2012.

We've focused on the top 18, removing any group related with advertising, marketing, and publishing from the original list to provide a specific focus on entertainment based companies.

We then compared SNL's results to reported Q2 earnings and made abbreviated changes.  

The list includes theater chains, theme park owners, and television companies including heavy Emmy nominated AMC networks.

You can see the entire original report here

16. Regal Entertainment Group: $37.2 million

The largest theater chain just makes the list with a 6.9 percent rise in net income from last year. 

However, Regal's attendance was down 8.5 percent from last year. 

Source: SNL



15. AMC Networks Inc.: $41.5 million

The company responsible for hit shows "Mad Men," "Breaking Bad," and "The Walking Dead" saw domestic ad sale growth of 13.4 percent in addition to its 52.9 percent gain over the last year. 

AMC saw declining revenues with its IFC Films channels and tech unit and is still in a heated battle with Dish over a canceled deal.

Source: SNL



14. Radio One Inc.: $46.5 million

The urban media company is the largest radio broadcaster targeting the African American community and has nearly a 51 percent stake in cable network TV One.

Net income for the company increased 19 percent from last year while revenue saw a 9.1 percent increase. 

Traffic, news, and weather company Total Traffic Network extended its contract with Radio One to a new three-year deal.

Source: SNL



See the rest of the story at Business Insider

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