Entertainment

The 120 Most Powerful Hollywood Studios and Executives, Ranked

In business, the power of individual leaders is an inherently hard thing to measure. It’s subjective, and it fluctuates on any given day, just like the strength of an electrical current goes up and down depending on environmental conditions.
 
To commemorate Variety’s 120th anniversary year, we gave ourselves a tough assignment. We wanted to take a snapshot of leadership and muscle in the entertainment industry at this fraught moment of turmoil and transition for Hollywood.
 
After months of internal debate, months of arguing over draft lists and a last push of double-checking titles and name spellings, here we finally arrive at the end result: The Variety 120 list of the most powerful executives in entertainment.
 
Notice the emphasis on executives. We realized early on that we needed strict guidelines for who to include and who not to include. The Variety 120 is a survey of executive leadership at the industry’s biggest and most influential companies. That includes some companies that are far removed from Hollywood geographically but still have influence in the global business of entertainment, which we define here as film, TV, music and gaming.
 
We intentionally did not include actors, writers, directors, producers, multihyphenates, lawyers, talent agents or managers, simply to make the ranking process more manageable. We also kept our lens focused on traditional entertainment, thus this list does not include leaders from sports or news.
 
When you get down to it, 120 isn’t that many slots to cover a truly global business. So we lean toward the C-suite – the senior managers who are responsible for driving their companies forward and delivering the bottom line.
 
Also, notice the emphasis on big. This list leans toward the biggest studios, labels, streamers and game publishers who dominate mass media production and distribution. We considered a company’s market share and market cap in determining this ranking. A person’s career achievements and overall industry stature were also a factor for inclusion.
 
We also considered things that can’t be tallied with a calculator. In many of the entries, you’ll read our assessment that the individual has strong ties or deep connections to the creative community, or the investment community, or that he or she commands great respect among colleagues. It’s a relationship business, after all. Executive careers rise and fall on the strength of reputations. All kidding aside, it really is like high school with money and stock options.
 
Variety journalists write every day (every hour) about how dramatically our industry is being transformed by the streaming revolution, by the growth of the global demand for content and by the rise of digital-native creators who would scoff “TLDR” at the idea of getting notes from a creative executive. But in reality, if you want to break a new artist, launch a TV show, open a movie or orchestrate a blockbuster video game release – most roads to achieving a bona fide hit still run through the companies and the leaders highlighted here.
 
Spoiler alert: Our selection for the last slot on this list, No. 120, was carefully considered. The person is the leader of Indonesia’s largest media conglomerate. Indonesia is one of the world’s fast-rising entertainment hubs. We noticed that from our internet traffic and by the growing number of markets and festivals that we cover in the region. We made this choice to bookend the list with a signpost of the future and an example of the reach and influence of movies, TV, music and games.
 
From our very first issue, published Dec. 16, 1905, much of Variety’s focus has been on the people who work behind the scenes to make things happen for those who take the stage. We hope this list can be a scorecard for readers who, like the staff of Variety, are eager to see what comes next for our fascinating industry in 2026 and beyond.

Profiles written by Jem Aswad, Matt Donnelly, Angelique Jackson, Brent Lang, Cynthia Littleton, Jennifer Maas, Naman Ramachandran, Rebecca Rubin, Michael Schneider, Todd Spangler, Brian Steinberg and Nick Vivarelli.

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