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	$469B	10.7x	35.1x
Disney	$238B	2.5x	12.0x
Roblox	$87.7B	15.0x	65.5x
Warner Bros. Discovery	$82.1B	2.2x	9.6x
Universal Music	$54.7B	3.8x	17.2x
Paramount Skydance	$31.1B	1.1x	10.4x
Warner Music Group	$21.2B	3.2x	14.8x
TKO	$17.9B	4.1x	11.8x
Nexstar Media Group	$11.9B	2.4x	7.4x
Bilibili	$10.5B	2.5x	21.0x
Toho	$9.2B	4.1x	16.6x
HYBE	$8.8B	4.9x	37.4x
Banijay Group	$8.3B	1.4x	7.8x
RTL Group	$7.8B	1.1x	7.2x
CD Projekt	$6.7B	25.5x	54.6x
Gray Media	$6.7B	2.1x	8.9x
Enlight Media	$6.3B	12.2x	17.5x
iHeartMedia	$6.1B	1.6x	8.7x
FUJI Media Holdings	$6.0B	1.6x	39.8x
Square Enix	$5.8B	2.8x	16.9x
Vivendi	$5.7B	15.9x	-214.0x
TBS Holdings	$5.5B	2.0x	20.6x
Lionsgate Studios	$5.4B	1.9x	19.8x
Nippon Television	$5.1B	1.6x	10.1x
Sinclair	$4.6B	1.4x	8.9x
China Literature	$4.5B	4.2x	24.1x
ITV plc	$4.3B	0.9x	5.8x
Perfect World Co.	$4.2B	4.5x	32.9x
Wanda Film	$4.2B	2.2x	10.9x
Canal+	$3.8B	0.5x	4.1x
Toei Animation	$3.7B	5.8x	17.6x
ProSiebenSat.1 Media	$3.6B	0.8x	6.8x
MD Entertainment	$3.6B	n/a	n/a
MediaForEurope	$3.5B	1.0x	3.5x
Oriental Pearl Group	$3.2B	2.9x	10.7x
Alibaba Pictures Group	$3.2B	3.2x	25.3x
COL Group	$2.8B	13.5x	-513.2x
China Film Group	$2.5B	3.6x	21.7x
Anycolor	$2.4B	7.5x	18.5x
Emtek	$2.4B	n/a	n/a
CJ ENM	$2.3B	0.6x	2.1x
Prime Focus	$2.0B	n/a	n/a
Imax	$1.8B	4.6x	11.0x
Webtoon	$1.8B	1.3x	47.9x
Alpha	$1.8B	4.7x	53.7x
MNC Digital Entertainment	$1.8B	n/a	n/a
AMC Networks	$1.8B	0.8x	4.4x
TV Asahi	$1.8B	0.8x	8.5x
Bona Film Group	$1.7B	6.9x	-29.3x
Toei Co.	$1.7B	1.4x	6.7x
Groupe M6	$1.7B	1.1x	4.5x
SM Entertainment	$1.7B	2.1x	11.4x
Shanghai Film Group	$1.7B	12.0x	n/a
JYP Entertainment	$1.7B	3.2x	13.9x
Zhejiang Huace Film & TV	$1.7B	5.1x	25.1x
TF1	$1.6B	0.6x	2.1x
Shochiku	$1.5B	2.5x	n/a
Hengdian Entertainment	$1.4B	4.3x	12.7x
Hubei Radio & Television	$1.4B	n/a	n/a
Shaanxi BC & TV Network	$1.3B	n/a	n/a
Zhejiang Sunriver Culture	$1.2B	7.4x	20.0x
Surya Citra Media	$1.1B	n/a	n/a
Angel Studios	$1.1B	n/a	n/a
Huayi Brothers	$1.1B	14.9x	686.5x
YG Entertainment	$1.1B	2.7x	17.2x
Huawen Media Group	$1.0B	n/a	n/a
Saregama India	$969M	7.2x	28.2x
StudioDragon	$893M	2.2x	6.6x
China Star Entertainment	$876M	n/a	n/a
Zee Entertainment	$875M	0.9x	6.6x
China Television Media	$863M	n/a	n/a
H & R Century Union	$838M	n/a	n/a
Cover	$749M	2.2x	11.4x
Tips Music	$748M	19.0x	28.6x
Beijing Baination	$670M	6.5x	n/a
TV Tokyo Holdings	$629M	0.6x	6.9x
Zhejiang Talent TV & Film	$601M	n/a	n/a
WildBrain	$597M	1.6x	9.8x
Kaiser (China) Culture	$515M	n/a	n/a
Beijing Jingxi	$471M	n/a	n/a
Falcons Beyond Global	$412M	n/a	n/a
Reading International	$400M	1.8x	22.3x
Alliance Entertainment	$397M	0.4x	9.6x
Television Broadcasts Ltd	$386M	0.9x	8.2x
TVZone Media	$379M	n/a	n/a
Highlight Communications	$378M	0.7x	10.7x
Acast	$367M	1.5x	44.9x
NRJ Group	$360M	0.9x	4.9x
GMA Network	$357M	n/a	n/a
Secuoya Grupo	$353M	n/a	n/a
Funshine Culture Group	$330M	3.9x	10.4x
ABS-CBN	$321M	n/a	n/a
Gaumont	$307M	n/a	n/a
SAMG Entertainment	$305M	3.0x	17.4x
MDTV Media Technologies	$279M	n/a	n/a
The Generation Essentials	$261M	n/a	n/a
GD Culture Group	$256M	n/a	n/a
CuriosityStream	$236M	3.6x	55.5x
SOOP	$226M	0.7x	2.2x
MNC Media	$208M	0.4x	2.2x
Bushiroad	$181M	0.5x	n/a
Huanxi Media Group	$180M	40.9x	n/a
Edel	$174M	n/a	n/a
GREE Holdings	$173M	0.4x	n/a
Mono Next	$169M	n/a	n/a
Panorama Studios	$163M	n/a	n/a
IG Port	$160M	1.6x	8.3x
Avex	$159M	0.2x	n/a
Media Matrix Worldwide	$159M	n/a	n/a
Tohokushinsha Film	$157M	0.5x	n/a
Ihlas Haber Ajansi	$148M	n/a	n/a
MNC Asia Holding	$144M	n/a	n/a
STV Group	$143M	0.6x	5.9x
Marvelous	$143M	0.6x	n/a
K Wave Media	$135M	n/a	n/a
RS Group Thailand	$132M	n/a	n/a
Tripar Multivsion Plus	$131M	n/a	n/a
GMM Grammy	$123M	n/a	n/a
HIM International Music	$121M	n/a	n/a
AVE	$120M	n/a	n/a
GHY Culture & Media	$116M	n/a	n/a
Hony Media Gr	$111M	n/a	n/a
AI-Media	$109M	2.5x	47.5x
Kuvva Gida	$104M	n/a	n/a
Cube Entertainment	$104M	n/a	n/a
Basilic Fly Studio	$103M	n/a	n/a
Showbox	$99.9M	n/a	n/a
EuropaCorp	$97.4M	2.4x	15.2x
Mei Ah Enter Group	$96.9M	n/a	n/a
Kino Polska TV	$94.1M	1.1x	3.6x
The ONE Enterprise	$90.0M	0.5x	1.9x
Dexter Studios	$89.7M	n/a	n/a
KidariStudio	$87.4M	n/a	n/a
WYSIWYG Studios	$84.1M	n/a	n/a
KeyHolder	$83.0M	11.5x	n/a
Grandtech CG Systems	$81.7M	7.9x	n/a
Daewon Media Co	$75.3M	n/a	n/a
Moment Group	$73.6M	n/a	n/a
Notorious Pictures	$71.3M	n/a	n/a
Giantstep	$67.9M	n/a	n/a
Sm Entertainment Japan	$63.1M	n/a	n/a
Sports Entertainment Group	$60.0M	n/a	n/a
Broadmedia	$59.0M	0.6x	n/a
Kartoon Studios	$57.5M	n/a	n/a
PAL Next	$48.3M	2.1x	3.4x
Beaglee	$45.6M	0.4x	2.5x
Dolphin Entertainment	$39.3M	0.7x	25.1x
Taiwan Television	$39.2M	n/a	n/a
Thunderbird Entertainment	$36.7M	0.3x	2.9x
Casta Diva Gr	$35.7M	0.2x	2.7x
Artist Studio	$29.1M	n/a	n/a
Amuse	$28.6M	0.1x	n/a
Id-entity	$27.9M	0.9x	5.1x
Dnxcorp	$26.0M	n/a	n/a
Deltamac (Taiwan) Co.	$22.5M	n/a	n/a
Intertainment	$22.4M	n/a	n/a
Your Family Entertainment	$20.9M	6.0x	22.2x
Enthusiast Gaming	$17.7M	0.3x	-162.2x
Platige Image	$16.5M	n/a	n/a
Zinc Media	$16.2M	0.3x	6.0x
Lucisano Media Group	$15.4M	0.3x	0.6x
Leone Film Group	$14.4M	0.2x	0.3x
Mondo TV	$13.6M	n/a	n/a
One Media iP Group	$11.8M	1.8x	4.2x
Goodbye Kansas Gr	$8.2M	n/a	n/a
Red Carpet Media Gr	$4.0M	n/a	n/a
Nexar Group	$2.8M	n/a	n/a
Harrison Global Holdings	$2.7M	n/a	n/a
SPORTTOTAL	$1.9M	n/a	n/a
Mavshack	$0.5M	n/a	n/a
Workpoint Entertainment	-$5.1M	-0.1x	-0.6x
KT Alpha Co	-$22.7M	n/a	n/a
Inkeverse Group	-$164M	-0.2x	n/a