Content Production Valuation Multiples and Public Comps

Content Production

See analyst estimates and all valuation multiples for Content Production

Company	EV	EV/Revenue	EV/EBITDA
Netflix	$399B	9.8x	34.1x
Disney	$193B	2.1x	10.5x
Warner Bros. Discovery	$53.8B	1.4x	6.0x
Universal Music	$48.9B	3.8x	16.7x
Roblox	$37.6B	8.1x	42.5x
Paramount Global	$20.5B	0.7x	6.7x
Warner Music Group	$18.5B	2.9x	12.8x
TKO	$14.3B	4.9x	11.0x
Nexstar Media Group	$11.0B	2.1x	5.9x
Toho	$8.6B	4.2x	16.6x
Enlight Media	$7.6B	25.1x	55.3x
Banijay Group	$6.8B	1.3x	7.3x
Gray Media	$6.6B	1.9x	6.4x
RTL Group	$6.5B	0.9x	7.6x
HYBE	$6.3B	3.9x	26.3x
Lionsgate	$6.0B	1.5x	13.7x
iHeartMedia	$5.8B	1.5x	8.0x
FUJI Media Holdings	$5.7B	1.5x	22.5x
Lionsgate Studios	$5.5B	1.8x	17.0x
Bilibili	$5.4B	1.4x	15.6x
Vivendi	$5.3B	16.4x	-100.6x
CD Projekt	$5.1B	21.5x	44.8x
Sinclair	$4.5B	1.3x	5.9x
Wanda Film	$4.4B	2.4x	11.7x
TBS Holdings	$4.3B	1.6x	17.8x
Nippon Television	$4.1B	1.4x	9.6x
Square Enix	$4.1B	1.9x	12.7x
Toei Animation	$3.9B	6.2x	19.0x
ITV plc	$3.7B	0.8x	5.1x
ProSiebenSat.1 Media	$3.4B	0.8x	5.6x
Canal+	$3.1B	0.4x	3.6x
Perfect World Co.	$2.8B	3.4x	-157.4x
MediaForEurope	$2.8B	0.9x	3.0x
China Literature	$2.3B	2.1x	26.6x
CJ ENM	$2.1B	0.6x	2.2x
COL Group	$2.1B	11.3x	n/a
AMC Networks	$1.9B	0.8x	3.9x
Shanghai Film Group	$1.7B	14.5x	48.1x
MNC Digital Entertainment	$1.7B	n/a	n/a
Oriental Pearl Group	$1.7B	1.6x	5.3x
Alpha	$1.7B	n/a	n/a
Groupe M6	$1.6B	1.1x	4.5x
Shochiku	$1.6B	2.9x	n/a
Believe	$1.5B	1.4x	19.9x
China Film Group	$1.5B	2.4x	13.6x
Toei Co.	$1.5B	1.3x	5.9x
Alibaba Pictures Group	$1.4B	1.7x	13.1x
Zhejiang Sunriver Culture	$1.4B	10.8x	26.1x
Hengdian Entertainment	$1.4B	4.8x	n/a
Bona Film Group	$1.4B	6.2x	26.9x
TF1	$1.4B	0.6x	1.8x
SM Entertainment	$1.4B	2.0x	13.8x
Emtek	$1.4B	n/a	n/a
Anycolor	$1.4B	5.0x	12.7x
Zhejiang Huace Film & TV	$1.3B	4.0x	23.4x
Imax	$1.3B	3.5x	9.4x
MD Entertainment	$1.2B	n/a	n/a
JYP Entertainment	$1.2B	2.8x	11.9x
TV Asahi	$1.2B	0.6x	6.1x
Hubei Radio & Television	$1.2B	n/a	n/a
Huayi Brothers	$1.1B	n/a	n/a
Saregama India	$1.1B	7.5x	31.5x
Shaanxi BC & TV Network	$1.1B	n/a	n/a
Zee Entertainment	$1.1B	1.1x	7.2x
Tips Music	$929M	25.2x	35.5x
Cover	$905M	3.1x	14.2x
China Television Media	$897M	n/a	n/a
StudioDragon	$841M	2.1x	6.8x
Huawen Media Group	$778M	n/a	n/a
Cumulus Media	$736M	0.9x	9.5x
China Star Entertainment	$717M	n/a	n/a
Zhejiang Talent TV & Film	$667M	n/a	n/a
YG Entertainment	$648M	2.3x	31.6x
WildBrain	$608M	1.8x	9.9x
Surya Citra Media	$536M	1.2x	7.7x
Prime Focus	$513M	n/a	n/a
Beijing Jingxi	$494M	n/a	n/a
Beijing Baination	$471M	n/a	n/a
Webtoon	$461M	0.3x	7.9x
TV Tokyo Holdings	$433M	0.4x	5.3x
GMA Network	$428M	n/a	n/a
Reading International	$410M	1.9x	64.9x
H & R Century Union	$408M	n/a	n/a
TVZone Media	$407M	n/a	n/a
MDTV Media Technologies	$381M	n/a	n/a
Television Broadcasts Ltd	$356M	0.9x	n/a
ABS-CBN	$349M	n/a	n/a
Highlight Communications	$343M	n/a	n/a
GREE Holdings	$295M	0.7x	n/a
SOOP	$269M	0.9x	2.8x
Funshine Culture Group	$260M	n/a	n/a
Kaiser (China) Culture	$256M	n/a	n/a
Alliance Entertainment	$253M	0.2x	n/a
Gaumont	$240M	n/a	n/a
Imagica Group	$223M	0.4x	n/a
IG Port	$208M	2.3x	13.2x
NRJ Group	$205M	0.5x	2.6x
MNC Media	$198M	n/a	n/a
SAMG Entertainment	$182M	n/a	n/a
Bushiroad	$181M	0.5x	n/a
Acast	$179M	0.9x	42.2x
Huanxi Media Group	$177M	40.2x	n/a
STV Group	$167M	0.7x	5.0x
Cube Entertainment	$162M	n/a	n/a
Tohokushinsha Film	$160M	n/a	n/a
Edel	$157M	n/a	n/a
Mono Next	$152M	n/a	n/a
RS Group Thailand	$140M	n/a	n/a
Panorama Studios	$139M	n/a	n/a
HIM International Music	$134M	n/a	n/a
Tripar Multivsion Plus	$124M	n/a	n/a
Media Matrix Worldwide	$122M	n/a	n/a
GMM Grammy	$121M	n/a	n/a
The ONE Enterprise	$118M	0.6x	2.1x
CuriosityStream	$115M	2.2x	-24.4x
WYSIWYG Studios	$102M	n/a	n/a
Hony Media	$102M	n/a	n/a
Mei Ah Enter Group	$101M	n/a	n/a
Dexter Studios	$97.8M	n/a	n/a
MNC Asia Holding	$95.0M	n/a	n/a
AI-Media	$91.3M	2.2x	31.2x
EuropaCorp	$90.8M	2.5x	30.8x
Showbox	$89.6M	n/a	n/a
Ihlas Haber Ajansi	$87.9M	n/a	n/a
Marvelous	$85.9M	0.5x	n/a
KeyHolder	$85.3M	11.8x	n/a
Kino Polska TV	$84.9M	1.0x	3.4x
Taiwan Television	$82.9M	n/a	n/a
KidariStudio	$80.2M	n/a	n/a
Avex	$74.1M	0.1x	n/a
Grandtech CG Systems	$73.9M	7.7x	n/a
Daewon Media	$73.4M	n/a	n/a
Artist Studio	$73.0M	n/a	n/a
Stream Media	$66.1M	n/a	n/a
Basilic Fly Studio	$65.1M	n/a	n/a
Moment Group	$64.8M	n/a	n/a
Broadmedia	$59.7M	0.6x	n/a
Giantstep	$58.9M	n/a	n/a
Thunderbird Entertainment	$51.6M	0.4x	4.0x
Kuvva Gida	$50.4M	n/a	n/a
Boat Rocker Media	$50.1M	0.4x	8.3x
Beaglee	$44.5M	0.4x	2.4x
PAL Next	$40.4M	n/a	n/a
GHY Culture & Media	$35.6M	n/a	n/a
GD Culture Group	$34.7M	n/a	n/a
Kartoon Studios	$33.7M	n/a	n/a
Dolphin Entertainment	$30.9M	0.6x	19.0x
Dnxcorp	$29.7M	n/a	n/a
Your Family Entertainment	$29.5M	n/a	n/a
Id-entity	$21.0M	0.8x	4.5x
Intertainment	$20.5M	n/a	n/a
Deltamac (Taiwan) Co.	$19.8M	n/a	n/a
Xilam Films	$18.9M	0.6x	2.8x
Zinc Media	$18.7M	0.4x	8.7x
Enthusiast Gaming	$16.8M	0.3x	19.6x
One Media iP Group	$11.8M	n/a	n/a
Workpoint Entertainment	$5.0M	0.1x	0.6x
BloomZ	$2.2M	n/a	n/a
SPORTTOTAL	$1.9M	n/a	n/a
Color Star Tech	$1.6M	n/a	n/a
tmc Content Gr	-$0.4M	n/a	n/a
Amuse	-$30.1M	n/a	n/a
Inkeverse Group	-$51.9M	-0.1x	n/a
KT Alpha	-$74.5M	n/a	n/a