wjr business beat

WJR Business Beat with Jeff Sloan: Brand Finance 2020 Report on the Most Valuable and Strongest Media Brands (Episode 84)

We’re back with another episode of the WJR Business Beat, and this morning, Jeff is sharing details from the recently released Brand Finance Media 25 2020 Report.

Facebook has just been named the world’s most valuable media brand, according to the report, with a brand value of $79.8 billion. Other notable media giants coming in amongst the top 10 include Disney, YouTube and Netflix.

Tune in to the WJR Business Beat segment below to learn more about the rankings:

StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here

Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.

Are you an entrepreneur with a great story to share? If so, contact us at [email protected] and we’ll feature you on an upcoming segment of the WJR Business Beat!

WJR Business Beat Transcript

Good morning, Kevin, this report is hot off the presses. The Brand Finance Media 25 Report, which ranks the world’s most valuable media brands, is now out. And just when you thought they might be down and out, if not on their way out, Facebook comes in at number one. Facebook has indeed just been named the world’s most valuable media brand, according to the Brand Finance Report.

This marks the first time that the independent brand valuation consultancy has included social media, and Facebook stormed into the media rankings in first place with a brand value of $79.8 billion, says the report.

Facebook, of course, has over 2.5 billion active monthly users, and it’s the most popular social media platform in the world. And this brand continues to roll and post profits well above analyst expectations, in spite of recent advertising boycotts and various scandals. Facebook is on a roll and its outpacing analysts’ expectations well above what it was expected to do.

Other notable media giants coming in amongst the top 10 include Disney, last year’s number one finisher, this year comes in at number two with an estimated brand value of $56 billion. YouTube comes in at number three with an estimate of brand value of $44 billion. And how about upstart Netflix at number six, with a brand value of $22 billion.

Other points of interest, Fox was fastest falling media brand with a 47 percent decrease in brand value. Now down to $8.4 billion, moving it to number 12 in the rankings. Sirius XM was the fastest growing brand, showing 33 percent valuation growth to reach a $5 billion brand valuation. YouTube and Netflix are cited as media brands to watch given their accelerated growth. Media, like many other businesses, is changing right before our eyes.

A closer look makes clear another way this pandemic is reshaping consumer habits and reshaping the business landscape along with it. So, if you’re an entrepreneur, look for opportunity where the action will be in the future, not where it’s been.

I’m Jeff Sloan, founder and CEO of StartupNation.com, and that’s today’s Business Beat on the Great Voice of the Great Lakes, WJR.

Previous Article
valuable content

How to Create Valuable Content That Rises Above the Noise During a Crisis

Next Article

Boost Your E-Commerce Presence Now to Prepare for a Possible Second Wave of COVID-19

Related Posts
Read More

Ned Staebler of TechTown and Wayne State University on Challenges to Equitable Economic Growth

The president and CEO of TechTown Detroit and vice president for economic development at Wayne State University, Ned Staebler, talks with Jeff Sloan about the group’s pursuit of equitable growth, funding and access to opportunity for entrepreneurs. He shares success stories, but also explains the significant changes to communities that have to occur to draw...
Read More

Howard Handler of 313 Presents on the Business of Entertainment

Howard Handler, president of 313 Presents, talks with Jeff Sloan about live events in Detroit and how the pandemic forced venues to get creative. Learn why artists consider Detroit a go-to destination and how the area is poised for growth. And just wait until you hear where Howard’s career has taken him. Tune in below:...
Read More

WJR Business Beat: The Great Story Behind Better Made (Episode 407)

On today's Business Beat, Jeff Sloan and Paul W. Smith preview a new episode of Business Biography on Better Made Snack Foods, an example of the business diversity and entrepreneurial spirit in Detroit. Tune in to today’s Business Beat to learn what set Better Made apart from its competitors:     Tune in to News/Talk...
Read More

WJR Business Beat: Job Switchers Rewarded with Higher Pay (Episode 406)

On today's Business Beat, Jeff Sloan talks about how it's going to be more difficult and costly for small businesses to hire the best talent because job switchers during the pandemic have seen significant salary hikes. Tune in to today's Business Beat for more:   Tune in to News/Talk 760 AM WJR weekday mornings at...