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	$533B	12.4x	41.0x
Disney	$244B	2.6x	12.6x
Roblox	$80.5B	15.0x	69.3x
Warner Bros. Discovery	$59.1B	1.5x	6.8x
Universal Music	$56.4B	4.0x	17.8x
Warner Music Group	$21.0B	3.2x	14.8x
TKO	$18.0B	4.5x	12.5x
Nexstar Media Group	$12.4B	2.4x	7.3x
Toho	$10.8B	5.0x	19.5x
Bilibili	$8.4B	2.1x	19.0x
HYBE	$8.4B	4.6x	32.9x
RTL Group	$8.0B	1.1x	7.5x
Banijay Group	$7.8B	1.3x	7.4x
Square Enix	$7.7B	3.6x	22.6x
Enlight Media	$7.0B	15.0x	21.7x
Gray Media	$6.7B	2.0x	8.0x
CD Projekt	$6.4B	25.1x	51.9x
iHeartMedia	$6.0B	1.6x	8.5x
FUJI Media Holdings	$5.9B	1.6x	28.1x
Vivendi	$5.7B	16.0x	-179.4x
TBS Holdings	$5.5B	2.0x	21.7x
Nippon Television	$5.1B	1.6x	10.7x
ITV plc	$4.9B	1.0x	6.4x
Sinclair	$4.6B	1.4x	7.6x
Wanda Film	$4.3B	2.2x	12.0x
ProSiebenSat.1 Media	$4.2B	0.9x	7.0x
Alibaba Pictures Group	$4.1B	4.2x	38.3x
Toei Animation	$4.0B	6.1x	18.4x
China Literature	$3.9B	3.6x	28.0x
Canal+	$3.9B	0.5x	4.2x
Perfect World Co.	$3.8B	4.3x	48.6x
MediaForEurope	$3.0B	0.9x	3.1x
Oriental Pearl Group	$2.8B	2.6x	9.9x
COL Group	$2.6B	15.7x	-118.6x
MD Entertainment	$2.6B	n/a	n/a
CJ ENM	$2.3B	0.6x	2.0x
SM Entertainment	$2.2B	2.7x	15.9x
Shanghai Film Group	$2.1B	17.6x	n/a
China Film Group	$2.0B	3.0x	23.3x
Emtek	$2.0B	n/a	n/a
Alpha	$2.0B	5.2x	53.5x
Anycolor	$1.9B	6.1x	15.6x
MNC Digital Entertainment	$1.9B	n/a	n/a
Groupe M6	$1.8B	1.2x	5.0x
AMC Networks	$1.7B	0.7x	4.0x
JYP Entertainment	$1.7B	3.4x	14.6x
Shochiku	$1.7B	2.9x	n/a
Zhejiang Huace Film & TV	$1.7B	5.0x	21.3x
TV Asahi	$1.6B	0.7x	8.1x
Toei Co.	$1.6B	1.4x	6.2x
TF1	$1.6B	0.6x	2.2x
Imax	$1.5B	4.0x	10.2x
Hengdian Entertainment	$1.5B	4.9x	23.1x
Bona Film Group	$1.4B	7.1x	-22.5x
Webtoon	$1.4B	1.0x	30.7x
Hubei Radio & Television	$1.3B	n/a	n/a
Shaanxi BC & TV Network	$1.3B	n/a	n/a
Zhejiang Sunriver Culture	$1.2B	7.4x	15.7x
YG Entertainment	$1.2B	3.2x	25.4x
Huayi Brothers	$1.1B	11.4x	44.4x
Zee Entertainment	$999M	1.0x	6.9x
Saregama India	$975M	7.3x	29.0x
Cover	$917M	2.8x	14.0x
Huawen Media Group	$888M	n/a	n/a
China Television Media	$881M	n/a	n/a
China Star Entertainment	$859M	n/a	n/a
StudioDragon	$844M	1.9x	6.3x
Tips Music	$831M	21.4x	32.7x
Surya Citra Media	$809M	n/a	n/a
Prime Focus	$806M	n/a	n/a
Beijing Baination	$656M	5.3x	n/a
WildBrain	$642M	1.7x	10.6x
H & R Century Union	$632M	n/a	n/a
Zhejiang Talent TV & Film	$589M	n/a	n/a
TV Tokyo Holdings	$537M	0.5x	6.3x
Beijing Jingxi	$507M	n/a	n/a
Television Broadcasts Ltd	$432M	1.0x	9.5x
Kaiser (China) Culture	$425M	n/a	n/a
Funshine Culture Group	$422M	5.2x	35.0x
SAMG Entertainment	$416M	4.2x	22.1x
Reading International	$400M	1.8x	28.5x
Alliance Entertainment	$355M	0.3x	10.3x
TVZone Media	$346M	n/a	n/a
MDTV Media Technologies	$343M	n/a	n/a
Highlight Communications	$342M	0.7x	11.0x
GMA Network	$338M	n/a	n/a
The Generation Essentials	$332M	n/a	n/a
ABS-CBN	$329M	n/a	n/a
Secuoya Grupo	$321M	n/a	n/a
Acast	$309M	1.3x	48.1x
Imagica Group	$292M	0.4x	n/a
NRJ Group	$290M	0.7x	3.9x
Falcons Beyond Global	$265M	n/a	n/a
SOOP	$264M	0.8x	2.6x
Bushiroad	$261M	0.7x	n/a
Gaumont	$237M	n/a	n/a
GREE Holdings	$229M	0.6x	n/a
Mono Next	$222M	n/a	n/a
Media Matrix Worldwide	$216M	n/a	n/a
CuriosityStream	$209M	3.5x	191.4x
MNC Media	$206M	0.4x	1.3x
Tohokushinsha Film	$201M	0.6x	n/a
IG Port	$192M	1.9x	11.0x
Avex	$171M	0.2x	n/a
K Wave Media	$170M	n/a	n/a
Edel	$169M	n/a	n/a
Ihlas Haber Ajansi	$158M	n/a	n/a
Cube Entertainment	$154M	n/a	n/a
STV Group	$152M	0.6x	5.6x
Hony Media Gr	$149M	n/a	n/a
AVE	$147M	n/a	n/a
Panorama Studios	$140M	n/a	n/a
HIM International Music	$139M	n/a	n/a
RS Group Thailand	$137M	n/a	n/a
Tripar Multivsion Plus	$136M	n/a	n/a
GMM Grammy	$132M	n/a	n/a
Marvelous	$129M	0.6x	n/a
MNC Asia Holding	$121M	n/a	n/a
Basilic Fly Studio	$120M	n/a	n/a
The ONE Enterprise	$118M	0.6x	2.2x
GHY Culture & Media	$115M	n/a	n/a
Dexter Studios	$105M	n/a	n/a
WYSIWYG Studios	$104M	n/a	n/a
Huanxi Media Group	$98.7M	22.7x	n/a
EuropaCorp	$96.9M	2.5x	19.1x
Showbox	$96.8M	n/a	n/a
Mei Ah Enter Group	$96.6M	n/a	n/a
Kino Polska TV	$96.4M	1.1x	3.6x
KidariStudio	$95.6M	n/a	n/a
KeyHolder	$86.4M	11.7x	n/a
Daewon Media Co	$82.8M	n/a	n/a
Giantstep	$82.4M	n/a	n/a
Grandtech CG Systems	$76.6M	7.2x	n/a
Moment Group	$75.2M	n/a	n/a
Kuvva Gida	$71.8M	n/a	n/a
AI-Media	$67.4M	1.6x	21.7x
Sports Entertainment Group	$65.7M	n/a	n/a
Notorious Pictures	$64.5M	n/a	n/a
Broadmedia	$64.2M	0.6x	n/a
Sm Entertainment Japan	$59.8M	n/a	n/a
PAL Next	$52.3M	10.7x	-34.6x
GD Culture Group	$52.1M	n/a	n/a
Leone Film Group	$51.2M	1.0x	1.4x
Thunderbird Entertainment	$50.8M	0.3x	3.5x
Taiwan Television	$50.5M	n/a	n/a
Lucisano Media Group	$49.9M	0.8x	2.1x
Beaglee	$45.4M	0.4x	2.4x
Kartoon Studios	$44.1M	n/a	n/a
Artist Studio	$35.0M	n/a	n/a
Dolphin Entertainment	$33.9M	0.6x	24.0x
Casta Diva Gr	$31.7M	0.2x	2.5x
Dnxcorp	$28.6M	n/a	n/a
Xilam Films	$26.4M	1.0x	3.2x
Id-entity	$24.3M	0.8x	4.7x
Amuse	$23.7M	0.1x	n/a
Deltamac (Taiwan) Co.	$22.6M	n/a	n/a
Enthusiast Gaming	$22.1M	0.4x	-198.6x
Intertainment	$21.7M	n/a	n/a
Your Family Entertainment	$21.5M	6.9x	-22.0x
Zinc Media	$20.2M	0.4x	8.0x
Platige Image	$18.3M	n/a	n/a
Mondo TV	$15.2M	n/a	n/a
One Media iP Group	$13.3M	2.1x	4.8x
Goodbye Kansas Gr	$6.7M	n/a	n/a
Color Star Tech	$4.3M	n/a	n/a
Red Carpet Media Gr	$4.0M	n/a	n/a
Nexar Group	$2.6M	n/a	n/a
SPORTTOTAL	$1.9M	n/a	n/a
Harrison Global Holdings	$1.9M	n/a	n/a
tmc Content Gr	$1.7M	n/a	n/a
Mavshack	$0.2M	n/a	n/a
Workpoint Entertainment	-$2.5M	-0.0x	-0.3x
KT Alpha Co	-$15.9M	n/a	n/a
Inkeverse Group	-$95.3M	-0.1x	n/a