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	$381B	8.4x	27.5x
Disney	$242B	2.5x	11.9x
Warner Bros. Discovery	$100B	2.7x	11.4x
Roblox	$58.3B	8.8x	36.6x
Universal Music	$50.7B	3.5x	15.9x
Paramount Skydance	$24.5B	0.8x	8.2x
Warner Music Group	$20.4B	3.0x	13.8x
TKO	$19.7B	4.2x	12.4x
Nexstar Media Group	$12.8B	2.6x	8.3x
Bilibili	$11.4B	2.7x	20.3x
MD Entertainment	$9.4B	n/a	n/a
HYBE	$9.4B	5.2x	60.0x
RTL Group	$8.0B	1.1x	7.6x
Toho	$7.9B	3.5x	14.7x
Banijay Group	$7.5B	1.3x	7.2x
CD Projekt	$7.3B	25.7x	55.3x
Enlight Media	$6.8B	11.8x	17.4x
Gray Media	$6.7B	2.2x	10.2x
Lionsgate Studios	$6.4B	2.4x	23.0x
FUJI Media Holdings	$6.3B	1.8x	53.6x
iHeartMedia	$6.3B	1.6x	9.0x
Oriental Pearl Group	$6.1B	n/a	n/a
TBS Holdings	$5.7B	2.1x	21.2x
Nippon Television Hldgs	$5.2B	1.7x	10.3x
Square Enix	$5.0B	2.6x	14.0x
Vivendi	$4.9B	13.5x	-309.7x
ITV plc	$4.8B	1.0x	6.5x
Sinclair	$4.8B	1.5x	10.3x
Perfect World Co.	$4.7B	4.6x	26.7x
Wanda Film	$4.4B	2.3x	10.6x
Canal+	$4.2B	0.6x	4.4x
China Literature	$4.0B	3.7x	18.2x
COL Group	$3.8B	15.5x	-72.2x
MediaForEurope	$3.4B	0.9x	3.6x
ProSiebenSat.1 Media	$3.4B	0.8x	7.2x
China Film Group	$3.1B	4.6x	37.0x
Toei Animation	$3.1B	5.1x	15.3x
Alibaba Pictures Group	$2.6B	2.4x	20.7x
Prime Focus	$2.3B	n/a	n/a
Bona Film Group	$2.3B	10.1x	-23.0x
Emtek	$2.2B	2.0x	22.8x
CJ ENM	$2.2B	0.6x	2.3x
Zhejiang Huace Film & TV	$2.2B	9.4x	47.1x
Alpha	$2.2B	n/a	n/a
Imax	$2.1B	5.1x	12.1x
Shanghai Film Group	$2.0B	13.6x	40.1x
TV Asahi	$1.8B	0.9x	8.6x
Hengdian Entertainment	$1.8B	5.0x	13.9x
AMC Networks	$1.6B	0.7x	4.3x
MNC Digital Entertainment	$1.6B	n/a	n/a
Anycolor	$1.6B	5.0x	12.5x
Groupe M6	$1.6B	1.1x	4.6x
Toei Co.	$1.6B	1.4x	6.4x
SM Entertainment	$1.5B	1.8x	9.2x
TF1	$1.5B	0.5x	2.1x
Hubei Radio & Television	$1.4B	n/a	n/a
China Star Entertainment	$1.4B	n/a	n/a
JYP Entertainment	$1.4B	2.6x	11.9x
Shochiku	$1.3B	2.2x	n/a
Shaanxi BC & TV Network	$1.3B	n/a	n/a
Webtoon	$1.2B	0.9x	86.9x
H & R Century Union	$1.1B	n/a	n/a
Beijing Baination	$1.1B	n/a	n/a
Surya Citra Media	$1.1B	n/a	n/a
Zhejiang Sunriver Culture	$1.1B	6.4x	16.2x
Huayi Brothers	$1.0B	n/a	n/a
China Television Media	$989M	n/a	n/a
StudioDragon	$955M	2.5x	7.7x
Huawen Media Group	$932M	n/a	n/a
Zee Entertainment	$719M	0.8x	5.8x
Angel Studios	$718M	2.4x	-6.9x
Tips Music	$709M	17.9x	26.8x
YG Entertainment	$704M	1.8x	10.5x
Cover	$679M	2.1x	11.2x
Saregama India	$665M	5.1x	19.6x
WildBrain	$591M	1.5x	10.2x
Acast	$583M	2.1x	71.5x
Kaiser (China) Culture	$570M	n/a	n/a
Zhejiang Talent TV & Film	$567M	n/a	n/a
TV Tokyo Holdings	$537M	0.5x	5.6x
Beijing Jingxi	$503M	n/a	n/a
Alliance Entertainment	$475M	0.4x	10.4x
MDTV Media Technologies	$435M	n/a	n/a
TVZone Media	$406M	n/a	n/a
Reading International	$394M	1.9x	21.9x
Secuoya Grupo	$379M	n/a	n/a
Funshine Culture Group	$379M	n/a	n/a
Television Broadcasts Ltd	$372M	n/a	n/a
Highlight Communications	$370M	n/a	n/a
GMA Network	$358M	n/a	n/a
Falcons Beyond Global	$343M	n/a	n/a
Gaumont	$333M	n/a	n/a
NRJ Group	$323M	0.9x	4.8x
Winvia Entertainment	$317M	1.8x	8.1x
GD Culture Group	$288M	n/a	n/a
ABS-CBN	$276M	n/a	n/a
The Generation Essentials	$244M	n/a	n/a
MNC Media	$233M	0.5x	n/a
SAMG Entertainment	$211M	2.2x	13.6x
CuriosityStream	$190M	2.7x	20.0x
Edel	$190M	0.6x	4.7x
Mono Next	$184M	n/a	n/a
Bushiroad	$181M	0.5x	n/a
Tohokushinsha Film	$177M	0.6x	n/a
MNC Asia Holding	$173M	n/a	n/a
Ihlas Haber Ajansi	$156M	n/a	n/a
SOOP	$150M	0.5x	1.5x
IG Port	$148M	1.5x	7.9x
STV Group	$143M	0.6x	6.4x
Huanxi Media Group	$140M	n/a	n/a
Avex	$138M	0.2x	n/a
RS Group Thailand	$133M	n/a	n/a
Media Matrix Worldwide	$130M	n/a	n/a
GMM Grammy	$124M	n/a	n/a
Kino Polska TV	$122M	1.3x	4.5x
HIM International Music	$121M	3.5x	4.8x
Tripar Multivsion Plus	$116M	n/a	n/a
AVE	$114M	n/a	n/a
Marvelous	$114M	0.5x	n/a
Panorama Studios	$113M	n/a	n/a
GHY Culture & Media	$112M	n/a	n/a
EuropaCorp	$101M	2.5x	13.3x
Kuvva Gida	$101M	n/a	n/a
Mei Ah Enter Group	$101M	n/a	n/a
GREE Holdings	$98.6M	0.3x	n/a
The ONE Enterprise	$97.6M	0.4x	1.9x
Cube Entertainment	$97.4M	n/a	n/a
Hony Media Gr	$95.0M	n/a	n/a
AI-Media	$89.1M	2.0x	37.0x
Showbox	$88.5M	n/a	n/a
KeyHolder	$80.8M	n/a	n/a
Daewon Media Co	$80.6M	0.4x	4.7x
Dexter Studios	$80.0M	n/a	n/a
Casta Diva Gr	$77.7M	0.5x	5.7x
Basilic Fly Studio	$73.6M	n/a	n/a
Broadmedia	$70.9M	0.7x	n/a
Moment Group	$70.4M	n/a	n/a
Notorious Pictures	$70.3M	1.7x	4.0x
KidariStudio	$68.5M	n/a	n/a
WYSIWYG Studios	$65.2M	n/a	n/a
Sports Entertainment Group	$62.1M	0.8x	7.8x
Thunderbird Entertainment	$58.8M	0.5x	4.8x
Kartoon Studios	$56.3M	n/a	n/a
Grandtech CG Systems	$53.0M	0.3x	5.0x
Sm Entertainment Japan	$52.1M	n/a	n/a
Giantstep	$51.8M	n/a	n/a
Beaglee	$43.7M	n/a	n/a
PAL Next	$42.2M	1.6x	2.4x
Dolphin Entertainment	$41.6M	0.7x	18.1x
Taiwan Television	$34.6M	n/a	n/a
K Wave Media	$33.5M	n/a	n/a
Id-entity	$27.8M	0.9x	4.9x
Dnxcorp	$26.7M	n/a	n/a
Intertainment	$21.6M	n/a	n/a
Deltamac (Taiwan) Co.	$18.8M	n/a	n/a
Amuse	$18.1M	0.0x	n/a
Enthusiast Gaming	$17.3M	n/a	n/a
Artist Studio	$17.2M	n/a	n/a
Your Family Entertainment	$16.7M	4.7x	12.4x
Zinc Media	$15.6M	n/a	n/a
Platige Image	$15.5M	n/a	n/a
Lucisano Media Group	$14.9M	0.3x	0.6x
Mondo TV	$13.9M	n/a	n/a
Leone Film Group	$13.6M	0.2x	0.3x
One Media iP Group	$11.8M	n/a	n/a
Goodbye Kansas Gr	$7.2M	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
Mavshack	$0.5M	n/a	n/a
Workpoint Entertainment	-$13.0M	-0.2x	-1.7x
KT Alpha Co	-$56.8M	n/a	n/a
Inkeverse Group	-$177M	n/a	n/a