8. Thomson Reuters
Business information, Canada (Public)
Last year’s rank: N/A
Digital Content Revenue
$4,709,070,000 (34% of total)
Digital Snapshot
Key Move
Our Methodology
Thomson-Reuters says 10% of its revenue comes from print, but does not break down the rest. That other 90% is from software, services and digital. To determine the latter, we used a proxy in the form of Thomson Reuters’ competitor, Wolters Kluwer. Wolters breaks down its own digital revenue percentages for categories like “Legal” (33% digital) and “Tax and Accounting” (27% digital) that Thomson Reuters also uses. In addition to those categories, Wolters has a ‘Finance’ business and, by means of equivalent, Thomson Reuters has a much bigger ‘Markets’ business. We used Wolters’ Finance digital figure of 37% digital revenue and applied it to Thomson Markets, but broke out the unique “Media” category worth $336 million and counted that all as digital (as we did with AP). Finally, we folded Thomson Reuters “Intellectual Property and Science category into Legal.
Source: 10K
– Jeff Roberts
“Creating this list wasn’t easy.”
I can imagine. Manipulating the numbers to get Microsoft into the top 10 must have been really tough.
lol. but seriously, they didn’t manipulate anything. this info is from public data on revenues and their entire methodology is described here: http://paidcontent.org/2012/07/31/pc50/52/
Yes, but they still should have had time to comment on the fact that MSN is no longer part of Microsoft and hasn’t been for several weeks. Sure that means they get to claim the revenue for this year but at least point out that they won’t have it next year.
AlanL:
The Microsoft profile page says: “Microsoft recently sold its stake in MSNBC.com.”
And the research period for all companies here predates that sale.
Any revenue change as a result will be reflected in next year’s pC50.
Thanks.
Does this list distinguish between companies that charge users for access and those that do not, or was that weighted in the rankings?
Why is eBay not in this list? They have an ad business on eBay.com and their classified sites, and the seller fees they collect are essentially paid ads since the platform doesn’t handle the items. This list is also missing Alibaba Group from China (including Taobao), and Gree from Japan.
Groupon and Monster are’t really media companies. I’m not even sure that ad agencies should qualify in the same category as Viacom or Time Warner. Totally different business model.
What about Valve and their digital games platform: Steam. I know they are a private company and figures are hard to come by but in 2011 Forbes reckoned they have more than 50% of the 4 billion dollar PC games download market. That is huge.
I would really love to see Paid Content do some investigation on Valve because they are an incredibly innovative company who really push digital retailing to its limits.
+1 on looking into Valve
Google+ is a big strategy shift for Google and could, if executed well, become another digital revenue stream ti augment the search cash cow.
I think this is a terrific list despite any reservations some people have about the methodology. It really demonstrates the huge growth potential of digital media companies in some of the emerging markets. Also, as a scientist – I note Elsevier being top 5 in revenue (Elsevier is publisher behind many of the top scientific journals).
Thanks for the pointer on Valve.
Groupon/Monster/eBay – yes, all interestingly debatable.
What makes me wonder ist, taht there under th etzop 50 is not a single company from Germany. Germany is the biggest market in EUropa, but no German Hundefutter among the big player. I don’t buy that.
kenhasselblad – Axel Springer is at #33.
You might want to add Hubert Burda Media (Germany). Digital Revenue 2011: 937.2 Euro (see http://www.hubert-burda-media.de/chameleon/outbox/public/86cee9e5-720f-fba9-3dc2-33982b8b5069/Media_in_Transition_2012.pdf , page 131)
Best, Sebastian (Hubert Burda Media)
Thomson Reuters?! After Eikon failure & loss of half staff..? Are you mad.
If you want to rank things on revenue, fine. But then don’t call it the ‘Most Succesful List’: Microsoft might ‘make’ $3.9b on digital content, but it also loses around $3b every year too.
i know a thing that advertising is the best method to rank your own thing in front of the people
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Good Job Mr. Robert
I am a freelancing SEO and SMM professional. The recent update of google penguin and panda has changed the SEO pattern radically.
And google has done this algorithm change to spread their digital ads business nothing than this.
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Tripadvisor is all digital media and is around $750 M in yearly revenue and should likely be included on this list.