30 Highest-Grossing Media Franchises of All Time

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In this article, we will take a look at the 30 highest-grossing media franchises of all time. If you would like to skip our analysis of the media industry, you can go directly to the 5 Highest-Grossing Media Franchises of All Time.

The Media & Entertainment market seems to be losing growth momentum, as a report by PwC highlighted a downward trajectory for revenue growth in the industry. The global revenue in the industry grew by 5.4% in 2022, to $2.3 trillion. However, the growth rate had decreased by 5.2% from the year prior. PwC forecasts that the rate would keep decreasing sequentially and in 2027, the industry would likely just grow 2.8% year on year.

Many factors underlie the slowdown, according to the report, with the main culprit being the decreasing consumer spending as fed hikes interest rates to curb inflation. The industry, however, is trying to adapt, by looking into opportunities in untapped hotspots as well as through adoptation of emerging tech like generative AI.

Media Industry Outlook 2024

The media franchise market is predicted to cross the $1 trillion mark in 2024, with online video contributing a share of $345 billion, followed by games at $255 billion. Cinema and music are expected to contribute $41 billion and $44 billion, respectively. The market is changing with shifting consumer preferences, technological progress, and evolving revenue growth models. However, the entertainment sector also faced challenges, including recent strikes by writers and actors, leading to reduced availability of quality content. This led to a worsened shortage that has persisted since the pandemic. Viewers' habits, shifting towards home-based content consumption, have further impacted the industry's landscape.

Popular media players like The Walt Disney Company (NYSE:DIS) and Marvel intend to rely on franchise offerings to draw viewers to the screens in 2024, despite some unsuccessful releases in 2022 and 2023 attributed to subpar content. The key to continued franchise success lies in effective branding, marketing, and developing novel concepts to retain fan interest and attract new followers. As technology advances, media franchises are expected to focus on increasing interactivity, with virtual and augmented reality allowing fans to immerse themselves in their favorite fictional worlds. The idea of wearing a headset and walking alongside beloved characters or influencing the storyline through interactive choices has gained popularity. This was the primary reason for the phenomenal success of the Pokemon Go app.