Owner Scorecard


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An industry chapter · Entertainment & Studios

Entertainment & Studios

28 members, 6758 to WMG, A to Z by ticker.

Gross profitability
median 25% — gross profit as a share of total assets, each member's median across its readable years; read on 9 of 28 members
Capital intensity
median 2.2% — capital expenditure as a share of revenue, each member's median across its readable years; read on 24 of 28 members
Net cash
5 of the 27 members with a readable debt line hold more cash and short-term investments than total debt

Figures describe the list as a group, from each member's own filed record; they name no member and form no rank. A member missing an input is absent from that median, never counted against the others.

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6758 Sony Group

Sony is a diversified group built around entertainment and technology. It sells video games alongside the PlayStation hardware and its online network, recorded music and song publishing, films and television, the image sensors that go into cameras and smartphones, and consumer electronics such as cameras and audio; in Japan it also runs an insurance and banking arm. It earns from selling hardware, from the content and services that ride on top of it, from licensing its catalogs and components, and from financial products.

Owner earnings 2022–2026 ¥792.5B(¥298.9B)¥749.3B¥1.70T¥1.49T

Retained capital Retained ¥3.25T of earnings over 2022–2026; annual owner earnings grew ¥898.3B, ¥0.28 per ¥1 retained.

Balance sheet Net cash, +¥1.58T · dividend paid 5 of 5 yrs, never cut

9602 Toho

A diversified business; where the profit really comes from, and whether it is earned or bought, is what the segment detail settles.

Owner earnings 2017–2026 ¥34.1B¥36.5B¥27.0B¥45.2B¥3.0B¥44.5B¥35.9B¥33.1B¥37.3B¥49.9B

Retained capital Retained ¥182.4B of earnings over 2017–2026; annual owner earnings grew ¥7.5B, ¥0.04 per ¥1 retained.

Balance sheet Net cash, +¥146.5B · dividend paid 10 of 10 yrs, cut at least once

AHMA AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C

Our subsidiaries also extend their expertise to industry forums, creating platforms for market leaders and academics to engage in idea exchange, analyze current market trends, and explore future prospects.

Owner earnings 2023–2025 ($80K)$1M$399K

Retained capital not read

Balance sheet Net cash, debt-free, +$3M

AMC AMC Entertainment Holdings Inc.

We expect, from time to time, to continue to seek to retire or purchase our outstanding debt through cash purchases and/or exchanges for equity or debt, in open-market purchases, privately negotiated transactions or otherwise.

Owner earnings 2016–2025 $10M($89M)($53M)$61M($1.3B)($707M)($831M)($441M)($296M)($366M)

Retained capital not read

Balance sheet Net debt against an operating loss, $3.6B

ANGX Angel Studios Inc.

We are a media and technology company guided by a community of approximately 2.0 million grassroots Angel Guild members championing values-driven stories.

Owner earnings not read

Retained capital not read

Balance sheet Net debt against an operating loss, $53M

BATRA Atlanta Braves Holdings Inc. Series A

Revenue is Baseball (87%) and Mixed Use Development (13%).

Owner earnings 2022–2025 $36M($67M)($69M)($68M)

Retained capital Paid out $214M more than it earned over 2022–2025; annual owner earnings fell $35M.

Balance sheet Net debt against an operating loss, $639M

BATRK Atlanta Braves Holdings Inc. Series C

Revenue is Baseball (87%) and Mixed Use Development (13%).

Owner earnings 2022–2025 $36M($67M)($69M)($68M)

Retained capital Paid out $214M more than it earned over 2022–2025; annual owner earnings fell $35M.

Balance sheet Net debt against an operating loss, $639M

BUUU BUUU Group Limited

Revenue is Event management services (83%) and Stage production services (17%).

Owner earnings 2023–2025 $135K$62K$330K

Retained capital not read

Balance sheet Net cash, debt-free, +$102K

CNK Cinemark Holdings, Inc.

Revenue is Us Operating (80%) and International Operating (20%).

Owner earnings 2016–2021 $136M$148M$211M$258M($414M)$71M

Retained capital Paid out $727M more than it earned over 2016–2021; annual owner earnings fell $193M.

Balance sheet Net debt against an operating loss, $2.5B · dividend paid 5 of 6 yrs, cut at least once

DIS Walt Disney Company (The)

Disney makes money three ways: it produces and distributes films and television, which it sells in theaters, through licensing, and on streaming services like Disney+; it runs theme parks, resorts, and cruise ships and sells the merchandise that goes with them; and it owns sports media, chiefly ESPN, carried on cable and direct to viewers. Households and advertisers pay for the content; guests pay to visit the parks and buy the goods. The largest share of revenue comes from the entertainment and experiences sides, with sports the smaller piece.

Owner earnings 2017–2025 $9.6B$11.3B$1.1B$3.6B$2.0B$1.1B$4.9B$8.6B$12.8B

Retained capital Retained $22.6B of earnings over 2017–2025; annual owner earnings grew $1.4B, $0.06 per $1 retained.

Balance sheet Meaningful net debt, $36.3B · buybacks at an average near $106 · dividend paid 6 of 9 yrs, cut at least once

FBYD Falcon's Beyond Global Inc.

Falcon's Beyond Global Inc. is a visionary entertainment and technology enterprise at the forefront of the global experience economy.

Owner earnings 2022–2025 ($20M)($24M)($13M)($25M)

Retained capital not read

Balance sheet Net debt against an operating loss, $12M

FUBO FuboTV Inc.

We are a sports-first, Pay TV replacement product offering subscribers access to tens of thousands of live sporting events annually, alongside leading news and entertainment content, both live and on demand.

Owner earnings 2014–2024 ($414K)($613K)$2M($149M)($199M)($318M)($179M)($82M)

Retained capital not read

Balance sheet Net debt against an operating loss, $171M

FUN Cedar Fair

Cedar Fair is North America's largest regional amusement park operator with 26 amusement parks, 15 separately gated water parks and nine resort properties.

Owner earnings 2022–2025 $224M$168M$53M($152M)

Retained capital Paid out $1.4B more than it earned over 2022–2025; annual owner earnings fell $126M.

Balance sheet Net debt against an operating loss, $5.1B

IMAX Imax Corporation

IMAX Corporation is a Canadian corporation that was formed in March 1994 as a result of an amalgamation between WGIM Acquisition Corp. and the former IMAX Corporation.

Owner earnings 2016–2025 $63M$61M$97M$83M($24M)$2M$9M$52M$62M$119M

Retained capital Paid out $173M more than it earned over 2016–2025; annual owner earnings grew $4M.

Balance sheet Net cash, +$149M

IQ iQIYI Inc.

Revenue is led by Membership (62%) and Advertising (19%), with 2 more lines behind.

Owner earnings 2016–2025 CN¥2.3BCN¥3.7BCN¥2.6BCN¥3.4B(CN¥5.7B)(CN¥6.2B)(CN¥245M)CN¥3.3BCN¥2.0BCN¥10M

Retained capital Paid out CN¥36.8B more than it earned over 2016–2025; annual owner earnings fell CN¥1.1B.

Balance sheet net position not read (debt under-captured)

LION Lionsgate Studios Corp

Lionsgate is one of the world's leading standalone, pure play content companies.

Owner earnings 2023–2026 $340M$387M($180M)$11M

Retained capital Paid out $3.7B more than it earned over 2023–2026; annual owner earnings fell $109M.

Balance sheet Heavy net debt, $1.6B

LLYVA Liberty Live Holdings, Inc.

Liberty Media provides Liberty Live with general and administrative services including legal, tax, accounting, treasury and investor relations support.

Owner earnings not read

Retained capital not read

Balance sheet Net debt against an operating loss, $2.8B

LLYVK Liberty Live Holdings, Inc.

Liberty Media provides Liberty Live with general and administrative services including legal, tax, accounting, treasury and investor relations support.

Owner earnings not read

Retained capital not read

Balance sheet Net debt against an operating loss, $2.8B

LUCK Lucky Strike Entertainment Corporation

Lucky Strike Entertainment Corporation is one of the world's premier operators of location-based entertainment.

Owner earnings 2021–2025 $15M$71M$108M$9M$36M

Retained capital Paid out $673M more than it earned over 2021–2025; annual owner earnings fell $13M.

Balance sheet Heavy net debt, $1.3B · dividend paid 2 of 5 yrs, never cut

LYV Live Nation

We are the largest live entertainment company in the world, connecting over 805 million fans across all of our concerts and ticketing platforms in 55 countries during 2025.

Owner earnings 2016–2025 $425M$385M$702M$146M($1.3B)$1.6B$1.5B$924M$1.1B$756M

Retained capital Paid out $56M more than it earned over 2016–2025; annual owner earnings grew $416M.

Balance sheet Modest net debt, $1.1B · buybacks at an average near $142

MANU Manchester

A diversified business; where the profit really comes from, and whether it is earned or bought, is what the segment detail settles.

Owner earnings 2016–2025 £181M£219M£82M£231M(£19M)£107M£88M£80M£68M£56M

Retained capital Paid out £526M more than it earned over 2016–2025; annual owner earnings fell £93M.

Balance sheet Heavy net debt, £437M · dividend paid 7 of 10 yrs, cut at least once

MCS Marcus Corporation (The)

Our movie theatres operate under the Marcus Theatres , Movie Tavern by Marcus , and BistroPlex brands.

Owner earnings 2016–2025 $41M$57M$79M$77M($90M)$29M$56M$64M$25M$989K

Retained capital Paid out $57M more than it earned over 2016–2025; annual owner earnings fell $29M.

Balance sheet Heavy net debt, $157M · dividend paid 9 of 10 yrs, cut at least once

NFLX Netflix Inc.

Netflix sells a streaming subscription — TV series, films, games, and live programming, in many genres and languages — to paying members around the world. It pays up front to make and license that content, a large and largely fixed bill, then earns it back across the whole base of members who watch. The more members carry the same content bill, the better the economics of each one.

Owner earnings 2016–2025 ($1.5B)($1.9B)($2.8B)($3.0B)$2.3B$184M$1.6B$6.9B$7.0B$9.8B

Retained capital Retained $19.3B of earnings over 2016–2025; annual owner earnings grew $10.0B, $0.52 per $1 retained.

Balance sheet Modest net debt, $5.4B · buybacks at an average near $64.41

RSVR Reservoir Media Inc.

Reservoir Media, Inc. is one of the world's leading independent music companies.

Owner earnings 2021–2026 $15M$12M$31M$36M$45M$50M

Retained capital Retained $42M of earnings over 2021–2026; annual owner earnings grew $24M, $0.59 per $1 retained.

Balance sheet Heavy net debt, $431M

SPHR Sphere Entertainment Co.

Sphere Entertainment Co. is a Nevada corporation with its principal executive office at Two Pennsylvania Plaza, New York, NY, 10121.

Owner earnings 2018–2022 ($43M)($83M)($147M)($515M)($615M)

Retained capital Paid out $456M more than it earned over 2018–2022; annual owner earnings fell $335M.

Balance sheet Net debt against an operating loss, $309M

STRZ Starz Entertainment Corp.

Starz sells its services on a direct-to-consumer basis and through various distributors, including over-the-top providers and multichannel video programming distributors.

Owner earnings 2017–2025 $533M$341M$384M$584M($36M)($694M)($473M)($152M)($64M)

Retained capital Paid out $3.3B more than it earned over 2017–2025; annual owner earnings fell $649M.

Balance sheet Net debt against an operating loss, $2.7B · dividend paid 2 of 9 yrs, cut at least once

TKO TKO Group Holdings Inc.

TKO was formed through the combination of Zuffa Parent, LLC which owns and operates the Ultimate Fighting Championship, a preeminent combat sports brand, and World Wrestling Entertainment, Inc.

Owner earnings not read

Retained capital not read

Balance sheet Meaningful net debt, $2.9B

WMG Warner Music

We are the direct parent of WMG Holdings Corp.

Owner earnings 2016–2025 $300M$491M$351M$296M$378M$545M$607M$560M$638M$539M

Retained capital Paid out $789M more than it earned over 2016–2025; annual owner earnings grew $198M.

Balance sheet Heavy net debt, $3.5B · buybacks at an average near $33.52 · dividend paid 9 of 10 yrs, cut at least once

The same four lines for every member, in strict ticker order; a figure that could not be read renders as "not read," never as a mark against the record beside it. The header describes the list and names no member; the entries carry no ranking and form no score. What a chapter cannot carry — understanding of the business, and a price — is yours.