Disney sits in third place, behind the American broadcaster DirecTV and first-placed Google, in ZenithOptimedia’s list, which ranks the top 30 media companies by revenue.
ZenithOptimedia includes ad revenue and all other revenue that supports advertising, such as television subscriptions, newspaper publishing, internet search and social media.
News Corporation was number three last year, but the company split its business in two in June 2013 to separate its film and television businesses from the less profitable publishing arm.
Twenty First Century Fox now ranks as the fourth biggest media company, one place behind Disney, while News Corp has fallen to 12th place.
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