NAICS 516210: Media streaming distribution services, social networks, and other media networks and content providers
NAICS 516210 is the industry code for media streaming distribution services, social networks, and other media networks and content providers. Use it on loan applications, tax forms and registrations. Explore financing for technology and start your application when you are ready.
What 516210 covers
This code covers media streaming services, social networks, cable networks and other online content providers that distribute content they own or license.
New code in NAICS 2022, combining cable programming (515210) and internet publishing and streaming (519130).
Included in this code
- Video and audio streaming services
- Social media platforms
- Cable television networks
- Online content publishers
- Podcast networks
Not this code
- Software publishers: see 513210 Software publishers
- Web hosting: see 518210 Computing infrastructure providers, data processing, web hosting, and related services
- Radio broadcasting: see 516110 Radio broadcasting stations
Businesses that use 516210
Financing for this trade
Media platforms use venture debt and revenue based financing. Lenders look at subscriber and ad revenue.
Apply for funding with AIIs 516210 the right code for a streaming and social media company?
Yes, if you stream content, run a social network or operate a cable channel. Software publishers use 513210. If your work overlaps, also read the definitions for 513210 (software publishers) and 518210 (computing infrastructure providers, data processing, web hosting, and related services), then choose the code that matches your largest source of revenue.
What is the SBA size standard for 516210?
The SBA size standard for 516210 is $47M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A streaming and social media company at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.
What financing do streaming and media startups use?
Early stage platforms use venture debt and equity, while profitable media firms use revenue based financing and term loans. Lenders look at subscriber revenue, churn and content costs. Expect lenders to ask for receivables and payables agings, recent bank statements and a debt schedule, which also help a broker match the request to the right lender quickly.
What does NAICS 516210 cover?
Media streaming distribution services, social networks, and other media networks and content providers. Industry level code in NAICS 2022, under 51 Information, 516 Broadcasting and content providers, 5162 Media streaming distribution services, social networks, and other media networks and content providers, 51621 Media streaming distribution services, social networks, and other media networks and content providers.
What financing do NAICS 516210 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for technology businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 516210?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.