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	$353B	7.8x	25.5x
Disney	$236B	2.5x	11.6x
Warner Bros. Discovery	$98.2B	2.6x	11.2x
Roblox	$49.4B	7.5x	31.0x
Universal Music	$46.9B	3.2x	14.4x
Paramount Skydance	$23.4B	0.8x	7.8x
TKO	$20.1B	4.3x	12.7x
Warner Music Group	$19.9B	2.9x	13.4x
Nexstar Media Group	$13.6B	2.8x	8.8x
Bilibili	$10.5B	2.5x	18.9x
HYBE	$10.4B	5.8x	67.1x
Enlight Media	$10.2B	17.5x	25.8x
RTL Group	$8.4B	1.2x	7.9x
Toho	$7.9B	3.5x	14.6x
Banijay Group	$7.6B	1.3x	7.2x
CD Projekt	$6.7B	23.1x	48.7x
Gray Media	$6.7B	2.2x	10.2x
Lionsgate Studios	$6.5B	2.4x	25.0x
FUJI Media Holdings	$6.3B	1.8x	53.3x
iHeartMedia	$6.2B	1.6x	9.0x
Perfect World Co.	$5.9B	5.8x	33.2x
TBS Holdings	$5.7B	2.1x	21.1x
Wanda Film	$5.2B	2.6x	12.4x
ITV plc	$5.1B	1.1x	6.7x
Square Enix	$5.0B	2.6x	14.0x
Canal+	$4.9B	0.6x	5.1x
Sinclair	$4.8B	1.5x	10.3x
Oriental Pearl Group	$4.8B	n/a	n/a
Vivendi	$4.7B	12.9x	-294.8x
China Literature	$4.7B	4.4x	21.7x
Nippon Television Hldgs	$4.5B	1.5x	9.0x
COL Group	$4.5B	18.3x	-85.0x
MD Entertainment	$4.5B	n/a	n/a
China Film Group	$4.3B	6.3x	50.6x
Hengdian Entertainment	$3.7B	10.5x	29.3x
MediaForEurope	$3.5B	0.9x	3.6x
ProSiebenSat.1 Media	$3.5B	0.8x	7.2x
Alibaba Pictures Group	$3.1B	2.8x	24.2x
Bona Film Group	$3.0B	13.2x	-30.1x
Toei Animation	$2.9B	4.7x	14.2x
Zhejiang Huace Film & TV	$2.7B	11.7x	58.4x
Prime Focus	$2.5B	n/a	n/a
Alpha	$2.4B	n/a	n/a
CJ ENM	$2.3B	0.7x	2.5x
Shanghai Film Group	$2.3B	15.6x	46.3x
Imax	$2.1B	5.1x	12.1x
TV Asahi	$1.9B	0.9x	9.0x
Groupe M6	$1.7B	1.1x	4.8x
Toei Co.	$1.7B	1.5x	6.8x
AMC Networks	$1.6B	0.7x	4.2x
Anycolor	$1.6B	4.9x	12.2x
Emtek	$1.6B	1.5x	16.8x
TF1	$1.6B	0.6x	2.2x
China Star Entertainment	$1.5B	n/a	n/a
SM Entertainment	$1.5B	1.8x	9.3x
JYP Entertainment	$1.4B	2.7x	12.3x
Hubei Radio & Television	$1.4B	n/a	n/a
MNC Digital Entertainment	$1.4B	n/a	n/a
Shochiku	$1.3B	2.2x	n/a
Shaanxi BC & TV Network	$1.3B	n/a	n/a
H & R Century Union	$1.2B	n/a	n/a
Beijing Baination	$1.2B	n/a	n/a
Zhejiang Sunriver Culture	$1.2B	6.7x	16.9x
China Television Media	$1.1B	n/a	n/a
Huayi Brothers	$1.1B	n/a	n/a
Webtoon	$977M	0.7x	70.2x
StudioDragon	$976M	2.6x	8.0x
Surya Citra Media	$965M	n/a	n/a
Huawen Media Group	$954M	n/a	n/a
Tips Music	$780M	19.9x	29.8x
YG Entertainment	$754M	2.0x	11.3x
Zee Entertainment	$748M	0.8x	6.1x
Zhejiang Talent TV & Film	$688M	n/a	n/a
Saregama India	$668M	5.2x	19.9x
Angel Studios	$642M	2.1x	-6.1x
WildBrain	$602M	1.5x	10.2x
Cover	$587M	1.8x	9.7x
Kaiser (China) Culture	$568M	n/a	n/a
Beijing Jingxi	$567M	n/a	n/a
TV Tokyo Holdings	$553M	0.5x	5.8x
Acast	$541M	1.9x	64.5x
Alliance Entertainment	$450M	0.4x	9.8x
TVZone Media	$423M	n/a	n/a
Funshine Culture Group	$408M	n/a	n/a
Reading International	$393M	1.9x	21.8x
Secuoya Grupo	$392M	n/a	n/a
Highlight Communications	$378M	n/a	n/a
Winvia Entertainment	$376M	2.2x	9.4x
GMA Network	$373M	n/a	n/a
Television Broadcasts Ltd	$363M	n/a	n/a
Gaumont	$336M	n/a	n/a
MDTV Media Technologies	$301M	n/a	n/a
NRJ Group	$296M	0.8x	4.3x
ABS-CBN	$284M	n/a	n/a
The Generation Essentials	$239M	n/a	n/a
Falcons Beyond Global	$235M	n/a	n/a
SAMG Entertainment	$224M	2.3x	14.5x
Edel	$212M	0.7x	5.1x
GD Culture Group	$208M	n/a	n/a
MNC Media	$192M	0.4x	n/a
SOOP	$175M	0.5x	1.7x
Mono Next	$170M	n/a	n/a
CuriosityStream	$170M	2.4x	17.8x
Tohokushinsha Film	$169M	0.6x	n/a
Bushiroad	$161M	0.4x	n/a
Ihlas Haber Ajansi	$155M	n/a	n/a
STV Group	$147M	0.6x	6.5x
Huanxi Media Group	$134M	n/a	n/a
RS Group Thailand	$134M	n/a	n/a
Media Matrix Worldwide	$133M	n/a	n/a
Kino Polska TV	$130M	1.4x	4.7x
Avex	$129M	0.1x	n/a
GMM Grammy	$127M	n/a	n/a
Panorama Studios	$126M	n/a	n/a
IG Port	$122M	1.2x	6.5x
HIM International Music	$119M	3.4x	4.7x
The ONE Enterprise	$118M	0.5x	2.3x
AVE	$113M	n/a	n/a
EuropaCorp	$108M	2.6x	13.9x
Tripar Multivsion Plus	$106M	n/a	n/a
Mei Ah Enter Group	$100M	n/a	n/a
Marvelous	$99.1M	0.4x	n/a
GHY Culture & Media	$97.2M	n/a	n/a
Showbox	$96.1M	n/a	n/a
Cube Entertainment	$95.9M	n/a	n/a
MNC Asia Holding	$93.4M	n/a	n/a
Kuvva Gida	$91.7M	n/a	n/a
Hony Media Gr	$86.1M	n/a	n/a
KeyHolder	$81.7M	n/a	n/a
Daewon Media Co	$80.8M	0.4x	4.7x
Dexter Studios	$78.7M	n/a	n/a
Casta Diva Gr	$77.2M	0.5x	5.5x
Broadmedia	$75.2M	0.7x	n/a
Basilic Fly Studio	$73.8M	n/a	n/a
AI-Media	$71.9M	1.5x	28.4x
Notorious Pictures	$71.5M	1.7x	4.0x
KidariStudio	$70.0M	n/a	n/a
Sports Entertainment Group	$65.4M	0.8x	7.8x
WYSIWYG Studios	$64.5M	n/a	n/a
Moment Group	$62.2M	n/a	n/a
Kartoon Studios	$55.7M	n/a	n/a
Giantstep	$53.4M	n/a	n/a
K Wave Media	$51.9M	n/a	n/a
Sm Entertainment Japan	$49.0M	n/a	n/a
Grandtech CG Systems	$48.6M	0.3x	4.6x
Beaglee	$43.9M	n/a	n/a
PAL Next	$43.1M	1.6x	2.4x
Dolphin Entertainment	$40.3M	0.7x	17.5x
GREE Holdings	$39.5M	0.1x	n/a
Taiwan Television	$30.0M	n/a	n/a
Id-entity	$27.2M	0.8x	4.7x
Dnxcorp	$26.2M	n/a	n/a
Intertainment	$23.2M	n/a	n/a
Artist Studio	$18.0M	n/a	n/a
Enthusiast Gaming	$17.7M	n/a	n/a
Deltamac (Taiwan) Co.	$17.4M	n/a	n/a
Your Family Entertainment	$16.2M	4.5x	11.8x
Platige Image	$15.9M	n/a	n/a
Zinc Media	$15.6M	n/a	n/a
Lucisano Media Group	$14.7M	0.2x	0.6x
Leone Film Group	$13.9M	0.2x	0.3x
Amuse	$12.9M	0.0x	n/a
Mondo TV	$12.9M	n/a	n/a
One Media iP Group	$11.6M	n/a	n/a
Goodbye Kansas Gr	$6.4M	n/a	n/a
Red Carpet Media Gr	$4.1M	n/a	n/a
Nexar Group	$2.4M	n/a	n/a
SPORTTOTAL	$1.9M	n/a	n/a
Mavshack	$0.4M	n/a	n/a
Workpoint Entertainment	-$12.2M	-0.2x	-1.6x
KT Alpha Co	-$55.1M	n/a	n/a
Inkeverse Group	-$236M	n/a	n/a