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	$406B	9.0x	29.4x
Disney	$242B	2.5x	11.9x
Warner Bros. Discovery	$101B	2.7x	11.5x
Roblox	$56.6B	8.6x	35.7x
Universal Music	$51.4B	3.5x	16.0x
Paramount Skydance	$26.5B	0.9x	8.8x
TKO	$20.3B	4.3x	12.9x
Warner Music Group	$19.7B	2.9x	13.3x
Nexstar Media Group	$12.4B	2.5x	8.0x
HYBE	$8.5B	4.8x	55.5x
Toho	$8.1B	3.6x	15.0x
Bilibili	$8.0B	1.9x	14.4x
RTL Group	$7.8B	1.1x	7.3x
Banijay Group	$7.6B	1.3x	7.2x
MD Entertainment	$7.6B	n/a	n/a
Gray Media	$6.7B	2.2x	10.1x
CD Projekt	$6.4B	22.4x	48.1x
Lionsgate Studios	$6.4B	2.4x	23.0x
iHeartMedia	$6.3B	1.7x	9.2x
Enlight Media	$6.2B	10.8x	15.9x
FUJI Media Holdings	$6.0B	1.7x	50.5x
TBS Holdings	$5.4B	2.0x	20.2x
Nippon Television Hldgs	$5.2B	1.7x	10.3x
Square Enix	$5.1B	2.7x	14.4x
ITV plc	$4.9B	1.0x	6.6x
Vivendi	$4.8B	13.3x	-295.2x
Sinclair	$4.8B	1.5x	10.3x
Wanda Film	$4.3B	2.2x	10.4x
Canal+	$4.1B	0.6x	4.3x
Perfect World Co.	$4.1B	4.1x	24.1x
Oriental Pearl Group	$3.5B	3.2x	12.0x
ProSiebenSat.1 Media	$3.5B	0.8x	7.1x
MediaForEurope	$3.4B	0.9x	3.5x
China Literature	$3.3B	3.1x	15.3x
Toei Animation	$3.0B	4.9x	14.6x
China Film Group	$2.9B	4.3x	34.1x
Alibaba Pictures Group	$2.5B	2.3x	20.0x
COL Group	$2.5B	10.4x	-48.5x
Emtek	$2.3B	n/a	n/a
Prime Focus	$2.3B	n/a	n/a
Imax	$2.1B	5.3x	12.5x
CJ ENM	$2.1B	0.6x	2.3x
Bona Film Group	$2.1B	9.3x	-21.3x
Alpha	$1.9B	4.9x	55.8x
Zhejiang Huace Film & TV	$1.9B	8.2x	41.1x
Anycolor	$1.9B	5.7x	14.1x
Shanghai Film Group	$1.8B	12.7x	n/a
TV Asahi	$1.8B	0.8x	8.4x
AMC Networks	$1.7B	0.7x	4.5x
Groupe M6	$1.7B	1.1x	4.7x
SM Entertainment	$1.6B	2.0x	10.3x
Toei Co.	$1.6B	1.4x	6.3x
TF1	$1.6B	0.6x	2.2x
MNC Digital Entertainment	$1.5B	n/a	n/a
Hengdian Entertainment	$1.5B	4.1x	11.6x
JYP Entertainment	$1.4B	2.7x	12.3x
Hubei Radio & Television	$1.3B	n/a	n/a
Shochiku	$1.3B	2.2x	n/a
Shaanxi BC & TV Network	$1.3B	n/a	n/a
Webtoon	$1.2B	0.8x	80.0x
Surya Citra Media	$1.1B	n/a	n/a
Zhejiang Sunriver Culture	$1.1B	6.4x	16.1x
Huawen Media Group	$982M	n/a	n/a
Huayi Brothers	$980M	13.4x	617.1x
H & R Century Union	$950M	n/a	n/a
China Star Entertainment	$934M	n/a	n/a
China Television Media	$857M	n/a	n/a
Falcons Beyond Global	$835M	n/a	n/a
StudioDragon	$834M	2.2x	6.9x
Angel Studios	$823M	n/a	n/a
Zee Entertainment	$732M	0.8x	5.8x
Tips Music	$725M	18.2x	27.3x
Beijing Baination	$724M	6.9x	n/a
Saregama India	$675M	5.2x	19.9x
WildBrain	$672M	1.7x	11.5x
Acast	$642M	2.4x	79.0x
YG Entertainment	$628M	1.7x	9.6x
TV Tokyo Holdings	$551M	0.5x	5.8x
Cover	$542M	1.7x	8.9x
Beijing Jingxi	$524M	n/a	n/a
Zhejiang Talent TV & Film	$523M	n/a	n/a
Kaiser (China) Culture	$489M	n/a	n/a
Alliance Entertainment	$481M	0.4x	10.5x
Reading International	$392M	1.9x	22.0x
Secuoya Grupo	$381M	n/a	n/a
MDTV Media Technologies	$374M	n/a	n/a
Highlight Communications	$373M	0.7x	19.7x
Television Broadcasts Ltd	$370M	0.9x	9.8x
TVZone Media	$368M	n/a	n/a
NRJ Group	$357M	0.9x	5.2x
GMA Network	$337M	n/a	n/a
Gaumont	$331M	n/a	n/a
Funshine Culture Group	$328M	4.0x	26.6x
Winvia Entertainment	$322M	n/a	n/a
ABS-CBN	$287M	n/a	n/a
GD Culture Group	$277M	n/a	n/a
The Generation Essentials	$229M	n/a	n/a
SAMG Entertainment	$213M	2.2x	14.1x
MNC Media	$210M	0.4x	2.2x
CuriosityStream	$199M	2.8x	21.2x
Edel	$178M	n/a	n/a
Bushiroad	$174M	0.5x	n/a
Tohokushinsha Film	$170M	0.6x	n/a
Ihlas Haber Ajansi	$163M	n/a	n/a
SOOP	$161M	0.5x	1.6x
Mono Next	$161M	n/a	n/a
Huanxi Media Group	$156M	35.5x	n/a
Avex	$147M	0.2x	n/a
STV Group	$144M	0.6x	6.4x
Media Matrix Worldwide	$144M	n/a	n/a
IG Port	$140M	1.4x	7.5x
RS Group Thailand	$136M	n/a	n/a
GMM Grammy	$129M	n/a	n/a
HIM International Music	$122M	n/a	n/a
AVE	$118M	n/a	n/a
Panorama Studios	$118M	n/a	n/a
Kino Polska TV	$116M	1.3x	4.3x
Kuvva Gida	$114M	n/a	n/a
GHY Culture & Media	$112M	n/a	n/a
Marvelous	$112M	0.5x	n/a
Tripar Multivsion Plus	$109M	n/a	n/a
The ONE Enterprise	$101M	0.5x	2.0x
Mei Ah Enter Group	$101M	n/a	n/a
MNC Asia Holding	$98.7M	n/a	n/a
AI-Media	$97.3M	2.2x	40.6x
Cube Entertainment	$97.2M	n/a	n/a
EuropaCorp	$92.3M	2.2x	12.0x
Hony Media Gr	$90.3M	n/a	n/a
Basilic Fly Studio	$87.9M	n/a	n/a
GREE Holdings	$85.8M	0.2x	n/a
Showbox	$82.4M	n/a	n/a
Daewon Media Co	$80.1M	n/a	n/a
KeyHolder	$79.4M	11.4x	n/a
Dexter Studios	$77.3M	n/a	n/a
Broadmedia	$73.7M	0.7x	n/a
Notorious Pictures	$71.0M	n/a	n/a
Moment Group	$68.6M	n/a	n/a
KidariStudio	$68.5M	n/a	n/a
Casta Diva Gr	$63.9M	0.4x	4.6x
Sports Entertainment Group	$62.8M	0.8x	7.9x
Thunderbird Entertainment	$60.6M	0.5x	4.8x
WYSIWYG Studios	$58.6M	n/a	n/a
Kartoon Studios	$57.9M	n/a	n/a
Grandtech CG Systems	$57.2M	0.4x	n/a
Sm Entertainment Japan	$53.7M	n/a	n/a
Giantstep	$52.7M	n/a	n/a
Beaglee	$46.2M	0.4x	2.6x
PAL Next	$42.4M	1.6x	2.4x
Dolphin Entertainment	$38.2M	0.7x	16.7x
Taiwan Television	$35.9M	n/a	n/a
Id-entity	$28.2M	0.9x	4.9x
K Wave Media	$28.1M	n/a	n/a
Dnxcorp	$26.6M	n/a	n/a
Intertainment	$21.2M	n/a	n/a
Deltamac (Taiwan) Co.	$19.6M	n/a	n/a
Artist Studio	$18.4M	n/a	n/a
Enthusiast Gaming	$17.0M	0.3x	-151.8x
Your Family Entertainment	$16.5M	4.6x	12.2x
Zinc Media	$16.4M	0.4x	8.1x
Platige Image	$14.9M	n/a	n/a
Leone Film Group	$14.9M	0.2x	0.3x
Lucisano Media Group	$14.0M	0.2x	0.5x
Mondo TV	$12.2M	n/a	n/a
One Media iP Group	$11.9M	n/a	n/a
Goodbye Kansas Gr	$7.8M	n/a	n/a
Red Carpet Media Gr	$4.0M	n/a	n/a
Nexar Group	$2.4M	n/a	n/a
SPORTTOTAL	$1.9M	n/a	n/a
Mavshack	$0.5M	n/a	n/a
Amuse	-$2.5M	-0.0x	n/a
Workpoint Entertainment	-$12.3M	-0.2x	-1.6x
KT Alpha Co	-$24.9M	n/a	n/a
Inkeverse Group	-$177M	-0.2x	n/a