May 2026
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Largest Publishing Public Companies in the US
Benchmark revenue and EBITDA valuation multiples for public comps like
News Corp, New York Times, John Wiley & Sons, USA TODAY and Scholastic.
 | News Corporation is a diversified media conglomerate with big presence in the US, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. Its 61%-owned REA Group is the dominant property listings platform in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable US digital property advertising business, Move. The 65% interest in Foxtel, the Australian pay-TV and streaming provider, was sold in April 2025. The sale to global sports streaming platform, DAZN, was struck at more than 7 times Foxtel's EBITDA. | $27 | -9% | $15B | $16B | 1.8x | 10.9x | ||
| New York Times Co is an American media company known for publishing its flagship newspaper, The New York Times. The company also operates the International New York Times newspaper, as well as digital properties such as NYTimes and various smartphone applications. The company has two segments: New York Times Group and The Athletic. The company generates the majority of its revenue from the NYTG segment. The NYTG and The Athletic segments derive revenue from subscriptions, Advertising, and others, where the majority source of revenue for both segments is subscription. | $75 | +31% | $12B | $12B | 4.1x | 21.1x | ||
| John Wiley & Sons Inc is a publisher and a trusted leader in research and learning. The company segment includes: Research, which includes the reporting lines of Research Publishing and Research Solutions, and Learning includes the Academic and Professional reporting lines and consists of publishing, courseware, and assessments. Its industry-principal content, services, platforms, and knowledge networks are tailored to meet the evolving needs of its customers and partners, including researchers, students, instructors, professionals, institutions, and corporations. The company empowers knowledge-seekers to transform today’s obstacles into tomorrow’s brightest opportunities. For more than two centuries, the company has been delivering on its timeless mission to unlock human potential. | $42 | +8% | $2B | $3B | 1.8x | 7.5x | ||
| USA Today Co Inc is a diversified media company with expansive reach at the national and local level, dedicated to empowering and enriching communities. It prioritizes a digital-first approach, focusing on audience growth and engagement while diversifying revenue streams. Through its trusted brands, including the USA TODAY NETWORK, comprised of the national publication, USA TODAY, and local media organizations, including a network of local properties, in the United States, and Newsquest, a wholly-owned subsidiary operating in the United Kingdom, provide essential journalism, local content, and digital experiences to audiences and businesses. Its digital marketing solutions brand, LocaliQ, supports small and medium-sized businesses with digital marketing products and solutions. | $8 | -- | $1B | $2B | 0.9x | 8.2x | ||
| Scholastic Corp is an American publishing and education media company that focuses on books and educational material for schools, teachers, parents, and children. It creates print, digital, and audiobooks, learning materials and programs, classroom magazines, and other products that support children’s learning and reading both at home and at school. The company also owns rights to various books, including Harry Potter, Dog Man, and The Hunger Games among others. It has three reportable segments Children’s Book Publishing and Distribution, Education Solutions, and International. The majority of its revenue is from the Children’s Book Publishing and Distribution segment. | $41 | +136% | $751M | $931M | 0.6x | 6.4x | ||
| Daily Journal Corp publishes newspapers and websites covering California and Arizona and produces several specialized information services. The company operates in two segments: Traditional business and Journal Technologies which includes Journal Technologies, Inc. and Journal Technologies (Canada) Inc. It also serves as a newspaper representative specializing in public notice advertising. The majority of revenue is generated from the Traditional segment. | $473 | +12% | $652M | $222M | 2.5x | 1.5x | ||
| Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high-quality, trusted, intensely local news, information, advertising, and marketing services. The product portfolio of the company includes digital subscription platforms, daily, weekly, and monthly newspapers, and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and content and advertising are available in real-time through the websites and mobile apps. | $9 | +52% | $208M | $632M | 1.1x | 13.9x | ||
| Goodheart-Willcox Co Inc is a United States-based company engaged in publishing both print and digital textbooks on technical, trades, engineering; family and consumer sciences; business, computer, and career education; agriculture education; health sciences; and health and physical education. It also produces online courses and other instructional resources that provide a complete classroom solution. The company publishes for technical, trades, and technology; family and consumer sciences; and business, marketing, and career education. The firm recognizes revenue from selling digital online content, printed products and others. | $395 | -8% | $184M | $184M | — | — | ||
| Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial and live theater assets. | $2 | -20% | $38M | $394M | 1.9x | 21.4x | ||
| Educational Development Corp is the United States trade publisher of the line of educational children's books produced in the United Kingdom. Its business activity functions with two reportable segments: PaperPie and Publishing. The Publishing Division segment markets its products to retail accounts, which include books, school supplies, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and an internal telesales group. | $1 | +4% | $12M | $18M | 0.8x | 2.1x | ||
| Chicken Soup for the Soul Entertainment Inc provides premium content to value-conscious consumers. It is the largest advertising-supported video-on-demand companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with nearly 180 FAST channels as well as a transaction video on demand service, and a network of approximately 29,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries. | $0 | -- | $3K | $574M | — | — | ||
| Median | $27 | +8% | $652M | $632M | 1.8x | 8.2x |
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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