Content Production Valuation Multiples and Public Comps

Content Production

See analyst estimates and all valuation multiples for Content Production

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Netflix	$398B	8.9x	29.1x
Disney	$233B	2.4x	11.6x
Warner Bros. Discovery	$102B	2.7x	11.7x
Roblox	$65.1B	10.0x	41.9x
Universal Music	$50.0B	3.5x	15.8x
Paramount Skydance	$27.0B	0.9x	9.0x
TKO	$19.3B	4.2x	12.4x
Warner Music Group	$18.7B	2.8x	12.7x
Nexstar Media Group	$12.6B	2.5x	8.0x
Toho	$8.3B	3.7x	15.2x
Bilibili	$8.2B	1.9x	15.0x
HYBE	$8.0B	4.5x	50.9x
Banijay Group	$7.6B	1.3x	7.3x
RTL Group	$7.3B	1.0x	7.1x
MD Entertainment	$7.2B	n/a	n/a
Gray Media	$6.7B	2.2x	9.9x
CD Projekt	$6.7B	24.2x	53.8x
iHeartMedia	$6.4B	1.7x	9.3x
Enlight Media	$6.3B	11.5x	16.9x
Lionsgate Studios	$6.1B	2.2x	21.8x
FUJI Media Holdings	$5.6B	1.6x	44.8x
Nippon Television Hldgs	$5.1B	1.7x	10.2x
TBS Holdings	$5.1B	1.9x	19.0x
Square Enix	$4.9B	2.5x	13.9x
Sinclair	$4.9B	1.5x	10.1x
ITV plc	$4.9B	1.0x	6.6x
Vivendi	$4.8B	13.3x	-252.7x
Wanda Film	$4.3B	2.3x	10.8x
Canal+	$4.0B	0.5x	4.2x
Oriental Pearl Group	$3.6B	3.3x	12.3x
Perfect World Co.	$3.5B	3.5x	22.0x
Emtek	$3.4B	n/a	n/a
MediaForEurope	$3.3B	0.9x	3.5x
ProSiebenSat.1 Media	$3.3B	0.8x	6.8x
China Film Group	$3.3B	4.9x	40.0x
China Literature	$3.3B	3.1x	15.9x
Bona Film Group	$2.9B	13.0x	-29.9x
Toei Animation	$2.7B	4.4x	13.3x
COL Group	$2.5B	10.6x	-50.2x
Alibaba Pictures Group	$2.3B	2.2x	18.3x
Imax	$2.2B	5.4x	12.9x
CJ ENM	$2.1B	0.6x	2.2x
Alpha	$2.0B	5.3x	60.1x
Prime Focus	$1.9B	n/a	n/a
Shanghai Film Group	$1.8B	12.6x	n/a
Anycolor	$1.8B	5.5x	13.6x
Zhejiang Huace Film & TV	$1.7B	7.5x	38.3x
AMC Networks	$1.7B	0.7x	4.4x
TV Asahi	$1.7B	0.8x	8.1x
Toei Co.	$1.6B	1.4x	6.4x
Groupe M6	$1.6B	1.1x	4.6x
Hengdian Entertainment	$1.5B	4.4x	12.4x
Surya Citra Media	$1.5B	n/a	n/a
TF1	$1.5B	0.5x	2.1x
MNC Digital Entertainment	$1.5B	n/a	n/a
Shochiku	$1.4B	2.3x	n/a
Hubei Radio & Television	$1.3B	n/a	n/a
JYP Entertainment	$1.3B	2.5x	11.7x
SM Entertainment	$1.3B	1.6x	8.3x
Shaanxi BC & TV Network	$1.3B	n/a	n/a
Webtoon	$1.1B	0.8x	67.1x
Huayi Brothers	$1.0B	14.0x	644.5x
H & R Century Union	$998M	n/a	n/a
Huawen Media Group	$991M	n/a	n/a
Zhejiang Sunriver Culture	$973M	5.8x	14.6x
Angel Studios	$890M	n/a	n/a
China Television Media	$858M	n/a	n/a
Falcons Beyond Global	$834M	n/a	n/a
StudioDragon	$780M	2.0x	6.3x
China Star Entertainment	$761M	n/a	n/a
Zee Entertainment	$755M	0.8x	6.0x
Tips Music	$748M	19.0x	28.5x
Saregama India	$706M	5.4x	21.0x
WildBrain	$601M	1.5x	9.8x
YG Entertainment	$593M	1.6x	9.5x
Beijing Baination	$593M	5.7x	n/a
Cover	$556M	1.7x	9.0x
Kaiser (China) Culture	$555M	n/a	n/a
Acast	$553M	2.1x	72.0x
TV Tokyo Holdings	$552M	0.5x	5.9x
Zhejiang Talent TV & Film	$542M	n/a	n/a
Beijing Jingxi	$540M	n/a	n/a
Alliance Entertainment	$474M	0.4x	10.6x
Reading International	$396M	1.9x	23.1x
Funshine Culture Group	$383M	4.5x	10.9x
Highlight Communications	$376M	0.7x	20.1x
Secuoya Grupo	$374M	n/a	n/a
Television Broadcasts Ltd	$371M	0.9x	7.7x
NRJ Group	$353M	0.9x	5.1x
TVZone Media	$352M	n/a	n/a
GMA Network	$329M	n/a	n/a
MDTV Media Technologies	$318M	n/a	n/a
Gaumont	$301M	n/a	n/a
ABS-CBN	$274M	n/a	n/a
CuriosityStream	$257M	3.7x	29.4x
The Generation Essentials	$228M	n/a	n/a
GD Culture Group	$225M	n/a	n/a
MNC Media	$212M	0.4x	2.2x
SAMG Entertainment	$205M	2.2x	14.0x
Edel	$174M	n/a	n/a
SOOP	$173M	0.5x	1.7x
Mono Next	$172M	n/a	n/a
Bushiroad	$168M	0.5x	n/a
Media Matrix Worldwide	$156M	n/a	n/a
Ihlas Haber Ajansi	$153M	n/a	n/a
Tohokushinsha Film	$153M	0.5x	n/a
IG Port	$150M	1.5x	8.1x
Huanxi Media Group	$144M	32.9x	n/a
STV Group	$136M	0.6x	6.0x
RS Group Thailand	$133M	n/a	n/a
GMM Grammy	$127M	n/a	n/a
HIM International Music	$123M	n/a	n/a
Panorama Studios	$122M	n/a	n/a
AVE	$120M	n/a	n/a
Avex	$118M	0.1x	n/a
Kuvva Gida	$114M	n/a	n/a
GHY Culture & Media	$113M	n/a	n/a
Marvelous	$112M	0.5x	n/a
Tripar Multivsion Plus	$110M	n/a	n/a
Kino Polska TV	$108M	1.2x	4.1x
Mei Ah Enter Group	$101M	n/a	n/a
Hony Media Gr	$97.8M	n/a	n/a
The ONE Enterprise	$97.4M	0.5x	1.9x
AI-Media	$94.9M	2.2x	42.0x
EuropaCorp	$94.0M	2.3x	12.9x
MNC Asia Holding	$94.0M	n/a	n/a
Cube Entertainment	$89.4M	n/a	n/a
Dexter Studios	$86.1M	n/a	n/a
Showbox	$85.0M	n/a	n/a
Daewon Media Co	$83.0M	n/a	n/a
Basilic Fly Studio	$80.3M	n/a	n/a
KeyHolder	$80.3M	11.5x	n/a
GREE Holdings	$75.2M	0.2x	n/a
KidariStudio	$73.7M	n/a	n/a
Broadmedia	$72.3M	0.7x	n/a
WYSIWYG Studios	$70.5M	n/a	n/a
Notorious Pictures	$70.1M	n/a	n/a
Moment Group	$67.1M	n/a	n/a
Sports Entertainment Group	$62.2M	0.8x	8.0x
Thunderbird Entertainment	$61.2M	0.5x	4.9x
Grandtech CG Systems	$60.3M	6.0x	n/a
Giantstep	$59.7M	n/a	n/a
Kartoon Studios	$59.5M	n/a	n/a
Sm Entertainment Japan	$57.0M	n/a	n/a
Beaglee	$45.3M	0.4x	2.5x
K Wave Media	$44.0M	n/a	n/a
PAL Next	$43.2M	1.7x	2.6x
Dolphin Entertainment	$40.6M	0.7x	18.2x
Casta Diva Gr	$39.0M	0.3x	2.9x
Taiwan Television	$35.7M	n/a	n/a
Dnxcorp	$26.6M	n/a	n/a
Id-entity	$25.4M	0.8x	4.6x
Artist Studio	$22.9M	n/a	n/a
Intertainment	$21.7M	n/a	n/a
Deltamac (Taiwan) Co.	$21.4M	n/a	n/a
Your Family Entertainment	$17.2M	4.9x	14.0x
Zinc Media	$16.7M	0.3x	6.1x
Platige Image	$16.3M	n/a	n/a
Lucisano Media Group	$14.5M	0.2x	0.6x
Leone Film Group	$14.2M	0.2x	0.3x
Mondo TV	$12.3M	n/a	n/a
One Media iP Group	$11.7M	n/a	n/a
Goodbye Kansas Gr	$6.7M	n/a	n/a
Enthusiast Gaming	$5.8M	0.1x	-52.0x
Red Carpet Media Gr	$4.0M	n/a	n/a
Nexar Group	$2.8M	n/a	n/a
SPORTTOTAL	$1.9M	n/a	n/a
Mavshack	$0.5M	n/a	n/a
Harrison Global Holdings	$0.3M	n/a	n/a
Workpoint Entertainment	-$11.1M	-0.2x	-1.5x
Amuse	-$16.8M	-0.0x	n/a
KT Alpha Co	-$19.3M	n/a	n/a
Inkeverse Group	-$190M	-0.2x	n/a