{"id":184008,"date":"2023-10-06T07:25:55","date_gmt":"2023-10-06T04:25:55","guid":{"rendered":"https:\/\/ceoworld.biz\/?p=184008"},"modified":"2023-10-06T07:25:55","modified_gmt":"2023-10-06T04:25:55","slug":"best-ceos-in-the-global-video-streaming-industry-2023","status":"publish","type":"post","link":"https:\/\/ceoworld.biz\/2023\/10\/06\/best-ceos-in-the-global-video-streaming-industry-2023\/","title":{"rendered":"Best CEOs in The Global Video Streaming Industry, 2023"},"content":{"rendered":"<p>In the last five years, video streaming has skyrocketed due to faster web connections. According to the Deloitte Digital Media Trends Survey, about 60 percent of American households subscribe to a video streaming service. Fortune Business Insights estimates that the global video streaming market will be worth $455.45 billion in 2022, and its compound annual growth rate (CAGR) is anticipated to be 19.3 percent, leading to an estimated $1.9 trillion by 2030.<\/p>\n<p>The industry has seen a surge in growth due to its ease of access and convenience, with viewers able to watch what they want whenever they want. Smartphones and smart TVs have only increased the accessibility of this content. Original programming and exclusive rights to show certain content have also been an important factor, with around 57 percent of American consumers subscribing mainly for exclusive material.<\/p>\n<p>The firms in the video streaming market playing a major role are Netflix, Alphabet&#8217;s YouTube TV, Prime Video, Hulu, Disney+, and Paramount+. As of 28 July 2023, Netflix, boasting a market capitalization of $197 billion, has demonstrated remarkable progress by launching an ad-supported tier to increase its user base. Aristotle Atlantic Partners has observed that Netflix has enjoyed an impressive return of 44.39 percent since the start of the year, and a 12-month return of 89.32 percent.<\/p>\n<p>The video streaming industry is expanding rapidly due to its hassle-free access, unique programming, and advantageous agreements. To maintain their upward trajectory, key players must keep up with the ever-changing market. Now, let&#8217;s take a look at some of the leading names in the industry:<\/p>\n<ol>\n<li><strong>Greg Peters and Ted Sarandos<\/strong><br \/>\n<strong>Video Streaming Service: Netflix<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $31.6 billion<\/strong><br \/>\nThe largest global streaming company with over 232 million subscribers as of Q1 2023. Popular in many countries, with over 220 million customers in 78 nations. Pioneered mainstream streaming in 2007 and has maintained industry leadership. A survey shows that 90 percent of American consumers subscribe to streaming services, with Netflix leading the way.<\/li>\n<li><strong>Andrew R. Jassy (Andy Jassy)<\/strong><br \/>\n<strong>Video Streaming Service: Amazon Prime Video<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $17.5 billion<\/strong><br \/>\nOffers an extensive library of movies and TV shows. Focuses on creating exclusive series to attract and retain viewers. The dominant\u00a0player in the streaming industry with a substantial market share and large subscriber base.<\/li>\n<li><strong>Robert Allen Iger (Bob Iger)<\/strong><br \/>\n<strong>Video Streaming Service: Disney+<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $13.5 billion<\/strong><br \/>\nIntroduced in November 2019 as a part of Disney\u2019s direct-to-consumer portfolio. Partnerships with Pixar, Lucasfilm, and Marvel for high-quality content. Boasts over 100 million users as of March 2021. Aims to reach 260 million subscribers by 2024.<\/li>\n<li><strong>David Zaslav<\/strong><br \/>\n<strong>Video Streaming Service: HBO Max<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $13.2 billion<\/strong><br \/>\nCombines HBO\u2019s cable channel content with exclusive shows and movies from Warner Bros. Discovery. Offers original series, films, live sports coverage, and local HBO station live streams within the U.S. Accessible in the United States, Latin America, and select parts of Europe. Available on various platforms, including smart TVs, mobile devices, and gaming consoles. Reached a global subscriber count of 69.4 million as of Q2 2023.<\/li>\n<li><strong>Robert M. Bakish<\/strong><br \/>\n<strong>Video Streaming Service: Paramount+<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $8 billion<\/strong><br \/>\nPart of the Paramount Global family, Paramount+ offers subscription-based, on-demand internet streaming.<br \/>\nContent sourced from CBS Media Ventures, CBS Studios, Paramount Media Networks, and Paramount Pictures.<br \/>\nLaunched in March 2021, it has rapidly expanded, gaining nearly 700,000 new subscribers in Q2 2023.<br \/>\nExceeded 61 million subscribers following its merger with Showtime.<br \/>\nActively investing in content creation and production to attract and retain users.<\/li>\n<li><strong>Lauren Tempest<\/strong><br \/>\n<strong>Video Streaming Service: Hulu<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $5.7 billion<\/strong><br \/>\nSubscription-based service with an extensive collection of movies, TV shows, and exclusive content. Launched in 2008 as a collaboration among multiple media companies. Primarily caters to users in the United States, featuring content from ABC, NBC, FX, CBS, and more.<\/li>\n<li><strong>Tim Cook<\/strong><br \/>\n<strong>Video Streaming Service: AppleTV+<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $3 billion<\/strong><br \/>\nOffers original movies, TV series, and documentaries. Focuses on producing exclusive content, curating a unique collection. Sets itself apart from on-demand giants with its content strategy.<\/li>\n<li><strong>Jimmy Pitaro<\/strong><br \/>\n<strong>Video Streaming Service: ESPN+<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $2.6 billion<\/strong><br \/>\nSports-centric streaming service owned by The Walt Disney Company\u2019s ESPN division. Features live games, exclusive on-demand videos, original programming, and in-depth analysis.<\/li>\n<li><strong>Jeffrey Hirsch<\/strong><br \/>\n<strong>Video Streaming Service: Starz Inc.<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $1.9 billion<\/strong><br \/>\nKnown for unique movies and original shows. Offers online streaming in the U.S. and globally. Includes channels like Starz Encore and MoviePlex.<\/li>\n<li><strong>Neal Mohan<\/strong><br \/>\n<strong>Video Streaming Service: Alphabet&#8217;s YouTube TV<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $1.8 billion<\/strong><br \/>\nLaunched under YouTube, owned by Alphabet Inc. (NASDAQ:GOOG), in 2017. Offers live TV channels, on-demand content, and a cloud DVR. Nationwide availability with 2.1 million subscribers as of June 2, 2023.<\/li>\n<li><strong>Bill Morrow<\/strong><br \/>\n<strong>Video Streaming Service: DIRECTV Stream<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $1.7 billion<\/strong><br \/>\nFormerly known as AT&amp;T TV, rebranded in August 2021. Offers sports channels, regional sports networks, and local broadcast channels. A live TV streaming service provided by DIRECTV, a satellite television giant.<\/li>\n<li><strong>Kelly Campbell<\/strong><br \/>\n<strong>Video Streaming Service: Peacock<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $1.5 billion<\/strong><br \/>\nOwned by NBCUniversal Television and Streaming. Launched in July 2020, offering series, movies, news, and sports programming.<br \/>\nPrimarily available in the United States and select parts of Europe.<\/li>\n<li><strong>Rahul Purini<\/strong><br \/>\n<strong>Video Streaming Service: Crunchyroll<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $1.2 billion<\/strong><br \/>\nSpecializes in distributing East Asian media, especially Japanese anime and films.<br \/>\nBecame part of the Sony Group Corporation in 2021.<br \/>\nOffers various subscription plans, attracting users with diverse anime and manga content.<\/li>\n<li><strong>David Gandler<\/strong><br \/>\n<strong>Video Streaming Service: FuboTV Inc.<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $1 billion<\/strong><br \/>\nfuboTV Inc. offers an extensive channel lineup spanning news, sports, lifestyle, kids\u2019 content, and entertainment. Specializes in live TV streaming with a user-friendly interface. Provides a traditional TV-like experience at economical prices.<\/li>\n<li><strong>W. Erik Carlson<\/strong><br \/>\n<strong>Video Streaming Service: Sling TV<\/strong><br \/>\n<strong>Estimated 2022 Revenue: $1 billion<\/strong><br \/>\nSling TV, an American television streaming service, introduced in 2015, is managed by Sling TV LLC, a wholly-owned subsidiary of Dish Network Corp. Known for budget-friendly live TV streaming, starting with $40 per-month packages. Part of Dish Network Corp, an American television provider. Faced challenges in retaining subscribers recently.<\/li>\n<\/ol>\n<p>The video streaming industry has seen tremendous expansion, spurred on by the ease of access and original programming available. Popular platforms such as Netflix, Amazon Prime Video, Disney+, HBO Max, and Paramount+ have become major players in the market.<\/p>\n<p>Gazing into the future, these industry powerhouses will have a large effect on the entertainment landscape, far beyond streaming. They will drive the production, dissemination, and use of media, and as they keep innovating and growing, their influence on the global entertainment industry is expected to be great, changing the way we enjoy content for many years ahead.<\/p>\n<hr \/>\n<p>Have you read?<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2023\/09\/06\/scorecard-these-are-the-worlds-top-manufacturing-countries-2023\/\" data-wpel-link=\"internal\" rel=\"follow\">Scorecard: These are the world&#8217;s top manufacturing countries, 2023<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2023\/09\/07\/ranked-these-are-the-countries-with-the-highest-inflation-rate\/\" data-wpel-link=\"internal\" rel=\"follow\">Ranked: These Are The countries With The Highest Inflation Rate<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2023\/09\/10\/ranked-20-of-the-worlds-youngest-billionaires-in-2023\/\" data-wpel-link=\"internal\" rel=\"follow\">Ranked: 20 of the world\u2019s youngest billionaires in 2023<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2023\/09\/12\/countries-without-military-forces\/\" data-wpel-link=\"internal\" rel=\"follow\">Countries and Territories Without Standing Military Forces<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/04\/04\/report-countries-that-need-nurses-and-midwives-the-most-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Countries that need nurses and midwives the most, 2023<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the last five years, video streaming has skyrocketed due to faster web connections. According to the Deloitte Digital Media Trends Survey, about 60 percent of American households subscribe to a video streaming service. Fortune Business Insights estimates that the global video streaming market will be worth $455.45 billion in 2022, and its compound annual [&hellip;]<\/p>\n","protected":false},"author":3365,"featured_media":184010,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37201],"tags":[36224,36225,36226,36227],"class_list":["post-184008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-special-reports","tag-chief-revenue-officer-insider","tag-chief-risk-officer-insider","tag-chief-sales-officer-insider","tag-chief-science-officer-insider"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Best CEOs in The Global Video Streaming Industry, 2023 - CEOWORLD magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ceoworld.biz\/2023\/10\/06\/best-ceos-in-the-global-video-streaming-industry-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Best CEOs in The Global Video Streaming Industry, 2023 - CEOWORLD magazine\" \/>\n<meta property=\"og:description\" content=\"In the last five years, video streaming has skyrocketed due to faster web connections. 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With over 12 years in financial media and corporate strategy, Alexandra has cultivated a reputation for her ability to translate complex financial topics into compelling narratives that resonate with C-suite audiences. Before joining CEOWORLD, she was a senior correspondent for a top financial news outlet in New York and a communications advisor to several multinational investment firms. Alexandra's editorial direction bridges the technical world of finance with the storytelling finesse of PR, covering topics from M&amp;A trends to CEO brand management. She leads a diverse team of analysts, journalists, and strategists focused on producing high-impact stories on global markets, leadership, and reputation management. She holds an MBA in Finance and a bachelor's in International Relations. She frequently moderates panels on women in finance and strategic communications at international business summits. 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