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	$435B	10.9x	38.4x
Disney	$236B	2.6x	13.0x
Warner Bros. Discovery	$63.3B	1.6x	7.0x
Universal Music	$56.7B	4.6x	21.1x
Roblox	$41.1B	9.1x	48.9x
Warner Music Group	$21.8B	3.4x	15.0x
Paramount Global	$21.4B	0.7x	6.6x
TKO	$15.4B	5.4x	12.0x
Endeavor Group	$14.1B	2.0x	9.8x
Vivendi	$11.3B	35.2x	6.6x
Nexstar Media Group	$11.2B	2.1x	5.9x
Enlight Media	$10.8B	41.0x	110.0x
Bilibili	$8.0B	2.1x	24.4x
Toho	$7.5B	3.7x	14.9x
HYBE	$7.1B	4.5x	28.6x
Gray Media	$7.0B	1.9x	6.5x
Lionsgate	$6.5B	1.6x	14.5x
RTL Group	$6.5B	1.0x	7.0x
Banijay Group	$6.4B	1.3x	7.5x
Lionsgate Studios	$6.1B	1.9x	18.7x
iHeartMedia	$5.9B	1.5x	7.8x
CD Projekt	$5.4B	24.8x	52.2x
FUJI Media Holdings	$4.9B	1.3x	14.6x
Sinclair	$4.7B	1.3x	5.8x
Wanda Film	$4.5B	2.5x	15.0x
TBS Holdings	$4.2B	1.6x	17.5x
ITV plc	$4.1B	0.9x	5.7x
Toei Animation	$4.1B	6.6x	20.8x
Square Enix	$4.1B	1.9x	12.9x
Nippon Television	$3.6B	1.2x	8.6x
China Literature	$3.3B	3.0x	17.5x
ProSiebenSat.1 Media	$3.2B	0.8x	5.5x
Perfect World Co.	$2.9B	3.6x	-61.9x
MediaForEurope	$2.9B	0.9x	3.1x
COL Group	$2.8B	16.1x	-193.7x
MD Entertainment	$2.5B	n/a	n/a
CJ ENM	$2.1B	0.6x	2.6x
Alpha	$2.1B	n/a	n/a
Oriental Pearl Group	$2.0B	1.9x	6.4x
AMC Networks	$2.0B	0.8x	3.9x
MNC Digital Entertainment	$2.0B	n/a	n/a
Emtek	$1.8B	3.1x	48.9x
Zhejiang Huace Film & TV	$1.8B	5.4x	26.9x
JYP Entertainment	$1.7B	4.3x	17.1x
Alibaba Pictures Group	$1.7B	2.0x	15.0x
China Film Group	$1.7B	2.7x	14.6x
Shanghai Film Group	$1.6B	13.5x	46.2x
Toei Co.	$1.6B	1.4x	6.5x
Imax	$1.5B	4.3x	11.4x
Bona Film Group	$1.5B	7.3x	54.9x
Groupe M6	$1.5B	1.1x	4.2x
Believe	$1.4B	1.3x	19.7x
Shochiku	$1.4B	2.6x	n/a
SM Entertainment	$1.4B	2.0x	14.1x
Hengdian Entertainment	$1.3B	4.8x	19.7x
TF1	$1.3B	0.5x	1.8x
Huayi Brothers	$1.3B	n/a	n/a
TV Asahi	$1.2B	0.6x	7.1x
Zhejiang Sunriver Culture	$1.2B	9.4x	24.8x
Anycolor	$1.1B	4.7x	11.9x
Hubei Radio & Television	$1.1B	n/a	n/a
Shaanxi BC & TV Network	$1.1B	n/a	n/a
Saregama India	$1.0B	7.6x	30.8x
Huawen Media Group	$995M	n/a	n/a
Zee Entertainment	$979M	1.0x	6.9x
China Television Media	$960M	n/a	n/a
Tips Music	$949M	26.9x	38.0x
StudioDragon	$924M	2.4x	7.1x
Cover	$906M	3.3x	14.9x
Cumulus Media	$761M	0.9x	9.9x
Webtoon	$753M	0.5x	9.3x
Surya Citra Media	$736M	n/a	n/a
WildBrain	$654M	1.9x	10.4x
YG Entertainment	$631M	2.4x	73.5x
Zhejiang Talent TV & Film	$612M	n/a	n/a
Prime Focus	$581M	n/a	n/a
Beijing Jingxi	$563M	n/a	n/a
Beijing Baination	$559M	n/a	n/a
TVZone Media	$559M	n/a	n/a
SOOP	$505M	1.7x	5.3x
MDTV Media Technologies	$475M	n/a	n/a
H & R Century Union	$466M	n/a	n/a
Reading International	$443M	2.1x	392.3x
GMA Network	$406M	n/a	n/a
TV Tokyo Holdings	$403M	0.4x	5.1x
Television Broadcasts Ltd	$395M	n/a	n/a
China Star Entertainment	$361M	n/a	n/a
ABS-CBN	$352M	n/a	n/a
Funshine Culture Group	$350M	n/a	n/a
GREE Holdings	$338M	0.8x	n/a
Highlight Communications	$321M	n/a	n/a
Alliance Entertainment	$315M	0.3x	n/a
Kaiser (China) Culture	$305M	n/a	n/a
IG Port	$272M	3.1x	22.5x
NRJ Group	$256M	0.6x	3.0x
Gaumont	$247M	n/a	n/a
Acast	$241M	1.3x	69.5x
Tohokushinsha Film	$240M	0.7x	n/a
Huanxi Media Group	$223M	n/a	n/a
MNC Media	$214M	0.4x	1.1x
Imagica Group	$211M	0.3x	n/a
Bushiroad	$183M	0.6x	n/a
The ONE Enterprise	$169M	0.9x	2.8x
RS Group Thailand	$167M	n/a	n/a
GMM Grammy	$166M	n/a	n/a
STV Group	$166M	0.7x	4.9x
Media Matrix Worldwide	$166M	n/a	n/a
Edel	$164M	0.6x	4.9x
Tripar Multivsion Plus	$155M	n/a	n/a
Panorama Studios	$154M	n/a	n/a
HIM International Music	$153M	n/a	n/a
WYSIWYG Studios	$153M	n/a	n/a
Mono Next	$152M	n/a	n/a
SAMG Entertainment	$136M	n/a	n/a
Cube Entertainment	$128M	n/a	n/a
Hony Media	$127M	n/a	n/a
MNC Asia Holding	$127M	n/a	n/a
Dexter Studios	$126M	n/a	n/a
Marvelous	$117M	0.6x	n/a
CuriosityStream	$114M	2.2x	-31.6x
Showbox	$101M	n/a	n/a
GHY Culture & Media	$97.1M	n/a	n/a
EuropaCorp	$95.9M	n/a	n/a
Taiwan Television	$93.2M	n/a	n/a
Kino Polska TV	$91.9M	1.2x	3.8x
KeyHolder	$90.3M	12.5x	n/a
Grandtech CG Systems	$89.0M	n/a	n/a
AI-Media	$88.6M	2.0x	31.6x
Mei Ah Enter Group	$87.9M	n/a	n/a
Giantstep	$86.6M	n/a	n/a
Ihlas Haber Ajansi	$82.6M	n/a	n/a
Avex	$78.8M	0.1x	n/a
Stream Media	$72.7M	n/a	n/a
KidariStudio	$70.8M	n/a	n/a
Boat Rocker Media	$70.6M	0.5x	15.4x
Basilic Fly Studio	$67.7M	n/a	n/a
Daewon Media	$64.5M	n/a	n/a
Beaglee	$64.3M	0.5x	3.5x
Moment Group	$62.7M	n/a	n/a
Broadmedia	$60.3M	0.6x	n/a
Artist Studio	$60.0M	n/a	n/a
Thunderbird Entertainment	$58.2M	0.4x	4.5x
Kuvva Gida	$45.3M	n/a	n/a
PAL Next	$40.3M	n/a	n/a
Kartoon Studios	$36.7M	n/a	n/a
Deltamac (Taiwan) Co.	$35.8M	n/a	n/a
Dolphin Entertainment	$31.1M	0.6x	11.5x
Dnxcorp	$29.4M	n/a	n/a
Your Family Entertainment	$26.6M	n/a	n/a
Workpoint Entertainment	$25.5M	0.4x	3.4x
Enthusiast Gaming	$23.8M	0.4x	225.1x
Intertainment	$23.4M	n/a	n/a
Xilam Films	$21.7M	0.8x	1.7x
Zinc Media	$19.4M	0.5x	9.7x
GD Culture Group	$14.1M	n/a	n/a
One Media iP Group	$12.2M	1.9x	4.5x
SPORTTOTAL	$9.3M	n/a	n/a
Inkeverse Group	$5.7M	n/a	n/a
BloomZ	$5.1M	n/a	n/a
Color Star Tech	$1.8M	n/a	n/a
KT Alpha	-$32.1M	n/a	n/a
Amuse	-$41.5M	-0.1x	n/a