October 2026
Largest Online Content & News Public Companies in the UK
Benchmark revenue and EBITDA valuation multiples for public comps like
Trustpilot Group, Future plc, Reach, LBG Media and Time Out Group.
 | Trustpilot Group PLC and its subsidiaries consist of developing and hosting an online review platform that helps consumers make purchasing decisions and businesses showcase and improve their services. Trustpilot is open, independent, and impartial and helps consumers make the right choices and businesses to build trust, grow and improve. The group consists of more than 300 million reviews and approximately 64 million monthly active users across the globe, with around 140 billion annual Trustbox impressions. | $3 | +22% | $1.3B | $1.3B | 4.8x | 46.8x | ||
| Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States. | $4 | -49% | $359M | $819M | 0.8x | 3.3x | ||
| Reach PLC is a commercial national and regional news publisher in the UK, producing and distributing content through newspapers, magazines, and digital platforms. Its portfolio includes influential and iconic brands such as the Mirror, Daily Express, Sunday Express, Daily Star, My London, Daily Record, and Sunday Mail, market brands in key metropolitan markets across the country. Its group's revenue streams are from print and digital activities. | $1 | -19% | $198M | $281M | 0.4x | (1.5x) | ||
| LBG Media PLC is a holding company. Through its subsidiaries, it operates as an online media publisher. The company produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience. It principally operates from its London and Manchester offices in the United Kingdom, with smaller operations in select geographies including Australia, New Zealand and Ireland. | $0 | -66% | $81M | $63M | 0.5x | 2.4x | ||
| Time Out Group PLC is a media and entertainment company. It helps people discover, book, and share what the world's cities have to offer. The company provides content about food, drink, entertainment, film, music, attractions, art, culture, shopping, nightlife, hotels, and travel. It operates in two divisions namely Time Out Media and Time Out Market. Time Out Media includes digital and print advertising, marketing solutions, live events tickets, and sponsorship, commissions generated by e-commerce transactions, and fees from the franchise partners while Time Out Market includes concessionaires' sales, Time Out operated bars, and retail, events, and sponsorship. It Its geographical segments include Europe, North America, and the Rest of the World. | $0 | -40% | $49M | $172M | 1.8x | (3.3x) | ||
| World Chess Plc is a London-based chess organisation, media and technology company, listed on the London Stock Exchange under the ticker CHSS. It was founded in 2012 as Agon Limited by Andrew Paulson and Ilya Merenzon to manage the commercial rights to the World Chess Championship cycle and other top events of FIDE, the International Chess Federation. It adopted the World Chess brand in 2016. It is FIDE's official commercial partner and runs the FIDE Online Arena, where players can earn official online ratings recognised by FIDE. Its worldchess.com platform offers online play against people and AI, tournaments, puzzles, masterclasses, coaching and a shop. The company organised the 2016 World Championship match between Magnus Carlsen and Sergey Karjakin in New York and the 2018 Carlsen–Caruana match in London, as well as Candidates tournaments in Moscow and Berlin. In 2024 it staged Clash of Blames in London, an online-offline match between former world champion Vladimir Kramnik and GM Jose Martinez. It earns money from event sponsorship and media, premium platform subscriptions and merchandise. Ilya Merenzon is chief executive. | $0 | -52% | $9M | $9M | 4.0x | (4.4x) | ||
| Median | $1 | -45% | $140M | $227M | 1.3x | 0.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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