The U.S. Media and Entertainment (M&E) industry is the largest in the world at $649 billion (of the $2.8 trillion global market) and is projected to grow to $808 billion by 2028 at an average yearly rate of 4.3% (PwC 2024).
https://www.trade.gov/media-entertainment
Meta Platforms, formerly known as Facebook Inc., continues to dominate the digital landscape with impressive financial growth. In 2024, the company's annual revenue reached a staggering 164.5 billion U.S. dollars, marking a significant increase from 134.9 billion U.S. dollars in the previous year. This upward trajectory reflects Meta's ability to monetize its vast user base across multiple platforms, solidifying its position as a tech giant.
https://www.statista.com/statistics/268604/annual-revenue-of...
If you look at UMG's revenue, one of the largest labels, their revenue was 11B.
Meta’s market cap is higher than that of the US entertainment industry
Meta’s revenue is also higher than that of the US entertainment industry
The parent of the comment you’re replying to conflated the two