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Tencent dethrones Disney to rank among the top five most valuable media brands globally

23 September 2026
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Brand Finance’s Media 50 2026 ranking reveals eight Chinese media brands are worth $275.4 billion in 2026

  • TikTok/Douyin posts 45% brand value growth, retaining its position as the second most valuable media brand globally
  • Three Chinese brands rank among the world’s top 10 most valuable media brands
  • WeChat remains the second strongest media brand globally
  • Google remains the most valuable media brand, with ROBLOX emerging as the fastest growing brand, and YouTube ranking as the strongest brand

BEIJING, 23 September 2026 – China’s media brands demonstrate a year of noteworthy brand value growth, with six out of eight featured brands posting double-digit increases. According to the Media 50 2026 ranking by Brand Finance, the world’s leading brand valuation consultancy, China’s media sector outpaces major markets in the ranking such as the US, the UK, and Japan, recording a 35% collective brand value increase to USD275.4 billion despite only featuring eight brands among the top 50. Additionally, China remains the second largest contributor to the total brand value, with a 23% share, behind only the US, which holds a 73% share at USD877 billion.

TikTok/Douyin (brand value up 45% to USD153.5 billion) leads Chinese brands in the ranking, retaining its position as the second most valuable media brand globally since 2023. The brand’s consistent performance reflects its expanding user base, deep global engagement, as well as robust end-to-end content, commerce, and advertising ecosystem. In Q1 2026, TikTok/Douyin reached approximately 2 billion monthly active users globally, generating around USD33.1 billion in revenue, a 40% year-on-year increase.

Tencent (brand value up 18% to USD52.1 billion) rises one spot to rank as the fifth most valuable brand globally, displacing Disney (brand value up 15% to USD51.4 billion) out of the top five for the first time since the Brand Finance Media 50 ranking was introduced. The brand’s growth is driven by its continuous transformation strategy through artificial intelligence (AI) integration into its core business, which has enhanced its advertising targeting and effectiveness. In August 2026, Tencent reported an 11% rise in Q2 revenue to USD30.4 billion, thanks to improved advertising sales and steady income from its gaming segment.

WeChat (brand value up 46% to USD48.1 billion) remains among the top 10 most valuable media brands, ranking at seventh place globally. The brand’s Video Accounts, a short video feature within the platform, has been the main growth engine for the advertising revenue of the Marketing Services segment of Tencent, WeChat’s parent company.

WeChat also ranks as the second strongest media brand globally, receiving a Brand Strength Index (BSI) score of 95.1/100 and an AAA+ brand strength rating. WeChat’s ecosystem model, which combines social traffic and integrated commerce, has solidified its positioning and long-term brand performance, supported by the platform’s significant user base size of 1.4 billion monthly active users, which further boosted the brand’s visibility, engagement, and relevance.

Scott Chen, Managing Director China, Brand Finance, commented:

China’s media brands are competing on the depth of the ecosystems they own, as opposed to audience scale alone. Tencent's rise into the top five, displacing Disney for the first time, shows how AI-enhanced advertising is translating technology investment into brand value. TikTok/Douyin’s growth reflects that model operating at global scale, and the results show that the fastest-growing brands are those that have closed the loop between content, commerce, and advertising, generating revenue within their own environments. Meanwhile, WeChat’sstanding as the second strongest media brand globally shows what happens when an ecosystem becomes genuine everyday infrastructure. China’s leading media brands demonstrate the increasing relevance of robust ecosystems, which set them apart globally.”

Other notable brands featured in the Brand Finance Media 50 2026 report include:

  • NetEase ranks 15th
  • Baidu ranks 25th
  • Toutiao ranks 31st
  • Tencent Music Entertainment ranks 45th
  • Dianping ranks 46th

Global Insights

The total brand value of the world’s top 50 media brands increased 15% to USD1.2 trillion this year, with eight out of the top 10 brands seeing double-digit growth, underscoring the continued dominance of digital-first and technology-enabled media brands. American brands continue to dominate the ranking, accounting for 30 of the top 50 and contributing 73% of the ranking’s collective brand value at USD877 billion.

Google (brand value up 5% to USD433.1 billion) remains the world’s most valuable media brand in 2026, with TikTok/Douyin (brand value up 45% to USD153.5 billion) and Facebook (brand value up 17% to USD107.1 billion) maintaining their second and third places, respectively. Streaming and gaming brands are among the standout performers in 2026. ROBLOX emerges as the fastest-growing media brand this year, almost doubling its brand value, with a 90% brand value growth to reach USD5.3 billion and rising six positions to 26th place globally. In terms of brand strength, YouTube (brand value up 32% to USD38.4 billion) becomes the strongest media brand globally, receiving a BSI score of 95.3/100 and an AAA+ brand strength rating.

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Media Contacts

Gayathri Saravana Kumar
Global Marketing and Communications Director
Brand Finance

About Brand Finance

Brand Finance is the world’s leading brand valuation consultancy. Bridging the gap between marketing and finance, Brand Finance evaluates the strength of brands and quantifies their financial value to help organisations make strategic decisions.

Headquartered in London, Brand Finance operates in over 25 countries. Every year, Brand Finance conducts more than 6,000 brand valuations, supported by original market research, and publishes over 100 reports which rank brands across all sectors and countries.

Brand Finance also operates the Global Brand Equity Monitor, conducting original market research annually on 6,000 brands, surveying more than 175,000 respondents across 41 countries and 31 industry sectors. By combining perceptual data from the Global Brand Equity Monitor with data from its valuation database — the largest brand value database in the world — Brand Finance equips ambitious brand leaders with the data, analytics, and the strategic guidance they need to enhance brand and business value.

In addition to calculating brand value, Brand Finance also determines the relative strength of brands through a balanced scorecard of metrics, compliant with ISO 20671.

Brand Finance is a regulated accountancy firm and a committed leader in the standardisation of the brand valuation industry. Brand Finance was the first to be certified by independent auditors as compliant with both ISO 10668 and ISO 20671 and has received the official endorsement of the Marketing Accountability Standards Board (MASB) in the United States.

Definition of Brand

Brand is defined as a marketing-related intangible asset including, but not limited to, names, terms, signs, symbols, logos, and designs, intended to identify goods, services, or entities, creating distinctive images and associations in the minds of stakeholders, thereby generating economic benefits.

Brand Strength

Brand strength is the efficacy of a brand’s performance on intangible measures relative to its competitors. Brand Finance evaluates brand strength in a process compliant with ISO 20671, looking at Marketing Investment, Stakeholder Equity, and the impact of those on Business Performance. The data used is derived from Brand Finance’s proprietary market research programme and from publicly available sources.

Each brand is assigned a Brand Strength Index (BSI) score out of 100, which feeds into the brand value calculation. Based on the score, each brand is assigned a corresponding Brand Rating up to AAA+ in a format similar to a credit rating.

Brand Valuation Approach

Brand Finance calculates the values of brands in its rankings using the Royalty Relief approach – a brand valuation method compliant with the industry standards set in ISO 10668. It involves estimating the likely future revenues that are attributable to a brand by calculating a royalty rate that would be charged for its use, to arrive at a ‘brand value’ understood as a net economic benefit that a brand owner would achieve by licensing the brand in the open market.

The steps in this process are as follows:

1 Calculate brand strength using a balanced scorecard of metrics assessing Marketing Investment, Stakeholder Equity, and Business Performance. Brand strength is expressed as a Brand Strength Index (BSI) score on a scale of 0 to 100.

2 Determine royalty range for each industry, reflecting the importance of brand to purchasing decisions. In luxury, the maximum percentage is high, while in extractive industry, where goods are often commoditised, it is lower. This is done by reviewing comparable licensing agreements sourced from Brand Finance’s extensive database.

3 Calculate royalty rate. The BSI score is applied to the royalty range to arrive at a royalty rate. For example, if the royalty range in a sector is 0-5% and a brand has a BSI score of 80 out of 100, then an appropriate royalty rate for the use of this brand in the given sector will be 4%.

4 Determine brand-specific revenues by estimating a proportion of parent company revenues attributable to a brand.

5 Determine forecast revenues using a function of historic revenues, equity analyst forecasts, and economic growth rates.

6 Apply the royalty rate to the forecast revenues to derive brand revenues.

7 Discount post-tax brand revenues to a net present value which equals the brand value.

Disclaimer

Brand Finance has produced this study with an independent and unbiased analysis. The values derived and opinions presented in this study are based on publicly available information and certain assumptions that Brand Finance used where such data was deficient or unclear. Brand Finance accepts no responsibility and will not be liable in the event that the publicly available information relied upon is subsequently found to be inaccurate. The opinions and financial analysis expressed in the study are not to be construed as providing investment or business advice. Brand Finance does not intend the study to be relied upon for any reason and excludes all liability to any body, government, or organisation.

The data presented in this study form part of Brand Finance's proprietary database, are provided for the benefit of the media, and are not to be used in part or in full for any commercial or technical purpose without written permission from Brand Finance.

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