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Coinstar, Netflix Rank Among Top 25 Media Companies

28 Mar, 2013 By: Erik Gruenwedel, Chris Tribbey

Walt Disney Co. again No. 1 in profit and revenue in annual SNL Kagan survey

Redbox parent Coinstar and Netflix cracked research firm SNL Kagan’s annual list of Top 25 media companies in 2012. The Walt Disney Co. again ranked first in net income and operating revenue despite enduring box office flop, John Carter.

Despite taking a $200 million write-down on Carter, Disney grew its fiscal second-quarter earnings and operating revenue, due in part to the box office and home entertainment success of The Avengers — the top-grossing movie of 2012. For the year, Disney reported net income of $6.17 billion, up 17.4% from fiscal 2011. The company's operating revenue, meanwhile, totaled $42.28 billion, up 3.4% year-over-year.

Time Warner, driven in part by Warner Bros., ranked second in profitability with more than $3 billion, up 4.6% from 2011. The media company ranked third in operating revenue with $28.7 billion, which was down 0.8% from 2011.

News Corp. and 20th Century Fox Studios ranked second in revenue with $33.7 billion, up 0.9% from 2011.

Meanwhile, Coinstar, which owns and operates more than 40,000 Redbox units, among other kiosk vending properties, ranked 22nd (from 25th in 2011) with income of $150.2 million, which was up 44.6% from 2011. The kiosk operator ranked 24th (from 28th) in operating revenue with $2.2 million — up 19.3% from 2011.

Netflix again ranked 17th, with the subscription video-on-demand pioneer posting operating income of $3.6 million, which was up 12.6% from 2011 and largely driven by by-mail disc rentals. Indeed, Netflix’s ongoing expansion into foreign countries generated a $389 million operating loss for its international streaming operations.




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