Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Communication Services›Movies & Entertainment›Movies & Entertainment

1 · Sector

Weight and 12M allocation change

Information Technology38.2%+3.54 pp Financials11.8%+0.88 pp Consumer Discretionary12.1%+0.80 pp Industrials9.7%-0.00 pp Communication Services2.4%-0.05 pp Utilities2.7%-0.15 pp Energy2.3%-0.17 pp Materials2.1%-0.43 pp Real Estate2.2%-0.45 pp Consumer Staples6.2%-0.90 pp Health Care10.4%-3.06 pp

2 · Industry

Inside Communication Services

Cable & Satellite0.27%-0.12 pp Movies & Entertainment0.59%+0.05 pp Broadcasting0.10%+0.05 pp Interactive Home Entertainment0.10%+0.03 pp Integrated Telecommunication Services0.78%-0.03 pp Wireless Telecommunication Services0.54%-0.02 pp Advertising0.03%-0.02 pp

3 · Sub-industry

Inside Movies & Entertainment

Movies & Entertainment0.59%+0.055 pp

Concentrated

Most of this industry's gains came from a few companies.

View all contributions →

Movies & Entertainment · weight

0.59%

Industry change · 12M

+0.05 pp

Movies & Entertainment · contribution

+0.055 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Sep 2025 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
Netflix → NFLX	United States	$50.9bn	0.102%	-0.021 pp	+0.031 pp	+69.0%	No
Live Nation Entertainment → LYV	United States	$38.3bn	0.077%	+0.000 pp	+0.018 pp	+49.2%	Yes
Walt Disney Company (The) → DIS	United States	$205.9bn	0.412%	-0.069 pp	+0.006 pp	+20.1%	No
Paramount Skydance Corporation → PSKY	United States	$0.0bn	0.000%	+0.000 pp	+0.000 pp	+81.0%	Yes

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.