May 2026
📣 VC round data is live. Check it out!
Largest TV Broadcasting Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
Disney, Comcast, Warner Bros. Discovery, Fox Corporation and Liberty Media.
 | Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm’s ownership of iconic franchises and characters. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney’s own streaming platform and television networks. The sports segment houses the ESPN family of TV networks and streaming services. Experiences contains Disney’s theme parks, cruises, and vacation destinations and also engages in merchandise licensing. | $105 | -7% | $182B | $224B | 2.4x | 11.3x | ||
| Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 65 million US homes and businesses, or nearly half of the country. The firm provides services to about 47% of the locations in this territory. Comcast acquired NBCUniversal from General Electric in 2011. Following the spinoff of several cable networks, including CNBC, MSNBC, and USA, NBCU now consists of the NBC network, several local NBC affiliates, Bravo, the Peacock streaming platform, Universal Studios, and several theme parks. Finally, Sky, acquired in 2018, is a large television provider in the UK and Italy. | $25 | -28% | $89B | $175B | 1.4x | 3.8x | ||
| Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. In 2026, it intends to split its networks from streaming and studios to form two separate companies. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks. | $27 | +173% | $68B | $97B | 2.6x | 4.6x | ||
| Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay TV bundle. The Murdoch family controls Fox. | $64 | +22% | $27B | $31B | 1.9x | 8.1x | ||
| Liberty Media Corp along with its subsidiaries is engaged in the media and entertainment industries in North America and the United Kingdom. The company owns interests in a high-quality portfolio of assets across the media, entertainment and sports industries. The company derives its maximum revenue from United Kingdom. | Sports+3 | $92 | -4% | $23B | $27B | 6.0x | 19.4x | |
 | BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the Big Three national wireless carriers, with over 10 million customers constituting about 30% of the market. It is also the incumbent local exchange carrier—the legacy telephone provider—throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. BCE has a media segment that holds television, radio, and digital media assets. BCE licenses the Canadian rights to HBO Max and Starz. | $24 | +11% | $23B | $55B | 3.1x | 5.2x | ||
| Rogers Communications is the largest wireless service provider in Canada with more than 11 million subscribers, equating to one-third of the total Canadian market. Rogers' wireless business accounts for more than half of total revenue and has been growing at a higher rate than other segments. The cable segment, which provides about 38% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and major Toronto sports franchises, including the Blue Jays, Maple Leafs, Raptors, Toronto FC, and Argonauts. | $37 | +33% | $20B | $52B | 3.2x | 4.8x | ||
 | Beijing Enlight Media Co Ltd is a China-based company engages in the provision of multimedia video content services. Its main business is TV programs and film investment, making and distributing. TV programs including regular TV programs and acting activities broadcasted on television. Acting activities generally are broadcasted on television, belonging to the special type of TV program and drama series. | $2 | -15% | $6B | $6B | 10.0x | 19.3x | ||
| Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Pending approval, Nexstar’s merger with Tegna would bring Nexstar’s station total to 259 in 133 markets, reaching 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel. | $203 | +19% | $6B | $18B | 3.6x | 11.5x | ||
 | RTL Group SA is a broadcasting television company with interests in television channels, video-on-demand platforms, and radio stations. The company has three main areas of business: broadcast, streaming, content, and digital. Broadcast includes television and radio; content includes content production and distribution, and digital includes online video and advertisement technology. Business segments include Mediengruppe RTL Deutschland, Groupe M6, Fremantle, RTL Nederland, and Other segments. The company's business units operate in Europe, predominantly in Germany, France, the United States, the UK, and Other regions. | $38 | -1% | $6B | $6B | 0.9x | 5.9x | ||
 | TBS Holdings Inc is a Japanese media and broadcasting holding company that operates television businesses through its subsidiaries. The company operates through three reportable segments: Media & Content Business, Lifestyle Business, and Real Estate & Other Business. The Media & Content Business includes television and radio broadcasting, event planning, video software production, and distribution. The Lifestyle Business handles general merchandise retail, beauty and wellness services, private tutoring, and early childhood education. The Real Estate & Other Business segment involves land and building rentals. It generates the majority of its revenue from the Media & content business segment. | $36 | +24% | $6B | $5B | 1.9x | 9.6x | ||
| Mango Excellent Media Co Ltd is a China-based company engaged in the provision of E-commerce services through Television, Internet, Catalogs, and other multimedia channels. The company operates three main business segments. The Mango Television Internet Video Business segment delivers content such as variety shows, TV dramas, films, movies, animations, and short videos. The New Media Interactive Entertainment Content Production Business segment covers the creation and operation of dramas, variety programs, and games, alongside artist management, music copyrights, and game development. The Media Retail Business segment focuses on TV shopping, media e-commerce, and overseas-related operations. The company generates maximum revenue from the Mango Television internet video business segment. | $3 | -8% | $6B | $5B | 2.6x | 5.1x | ||
| Oriental Pearl Group Co Ltd operates a media integration and distribution platform in China. The various business units of the company comprise Channel Products Operation, Video Shopping, and E-Commerce, Culture and Entertainment Themed Tourism, Mobile Transmissions and Video Games among others. | $2 | +46% | $5B | $4B | 3.7x | 12.9x | ||
| Graham Holdings Company is a diversified holding company with operations spanning educational services, television broadcasting, healthcare, manufacturing, automotive dealerships, and other businesses. The Company's education activities are conducted through Kaplan, whose services include academic preparation programs for international students, English-language programs, exam preparation, and career and academic advisement. These services are provided to students, schools, and colleges, both domestically and outside the United States. It operates through seven reportable segments: Kaplan International, Kaplan Higher Education, Kaplan Supplemental Education, Television Broadcasting, CSI, Manufacturing and Automotive, with key revenue coming from the Education and Automotive segments. | $1,104 | +16% | $5B | $5B | 1.0x | 6.6x | ||
| Nippon Television Holdings Inc is a broadcasting and television company. It is engaged in media, content, life and health-related, and real estate businesses. The company operates through three reportable segments: the Media and Content Business, which handles television advertising, video distribution, pay-TV, retail, and film production; the Life and Health Related Business, which operates comprehensive sports clubs; and the Real Estate Related Business, which manages real estate rental, building operations, and solar power generation. It generates the majority of its revenue from the Media and Content Business segment. | $19 | -9% | $5B | $3B | 1.1x | 6.6x | ||
| Sphere Entertainment Co is a live entertainment and media company. The firm creates, writes, casts, produces, and tours shows and events. The group has two reportable segments: Sphere and MSG Networks. Sphere is a next-generation entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product. | Events+1 | $127 | +237% | $5B | $5B | 4.0x | 10.5x | |
 | ITV PLC is a broadcasting television company that owns, creates, and distributes the content on its platforms. The company's international content business, ITV Studios, produces programming for ITV's channels as well as other British broadcasters. The company's segment includes ITV Studios and Media and Entertainment. It generates maximum revenue from the ITV Studios segment. | $1 | +6% | $4B | $5B | 0.9x | 6.1x | ||
| FUJI Media Holdings Inc operates as a certified broadcasting holding company engaged in media, content, and related businesses. The company has two reportable segments: Media & Content Business, which involves broadcasting, film and animation production, music publishing, advertising, and mail-order sales; and Urban Development & Tourism Business, which engages in building rental, real estate transactions, and hotel and resort management. The company earns the majority of its revenue in Japan. | $25 | +40% | $4B | $5B | 1.3x | 19.3x | ||
| Tegna Inc is a media company with a portfolio of broadcast stations and digital sites. The firm has television stations and radio stations in approximately U.S. markets. The company owns multicast networks of True Crime Network, Twist, and Quest. Each television station also has a robust digital presence across online, mobile, connected television, and social platforms, reaching consumers on all devices and platforms used to consume news content. It generates key revenue from advertising and marketing services, subscriptions, political advertising, and other services. | $20 | +20% | $3B | $6B | — | — | ||
 | Canal+ SA is media and entertainment company and also operates short-form video streaming platforms with Dailymotion. It operates in three business segments, Europe, Africa and Asia, and Content Production, Distribution and Other. Key revenue is generated from Europe which includes subscription-TV, advertising-based television and OTT businesses across France, the Overseas Territories, Poland and also in Central Europe and the Benelux through M7, and the Group’s FTTH business in the Overseas Territories. | $3 | +14% | $3B | $6B | 0.7x | 7.6x | ||
| Jiangsu Broadcasting Cable Information Network Corp Ltd is a China-based company engaged in the construction and operation of broadcasting and television networks, the development and operation of radio and television program transmission, data broadband services and digital TV value-added services. | $1 | +23% | $3B | $3B | 2.2x | 9.2x | ||
 | MFE-MediaForEurope is a commercial TV operator in the Italian and Spanish commercial TV sector, offering free-to-air television programming on general interest channels (Canale 5, Italia 1 and Rete 4 in Italy, and Tele5 and Cuatro in Spain) and a wide portfolio of semigeneralist and thematic channels available in linear and on-demand OTT services comprising a broad range of cinema, TV series and children’s channel content. The group generates maximum revenue from TV advertising, and the rest from sales of TV rights and productions, pay streaming service, movie distribution, construction, rental, and maintenance of TV equipment, etc. Its operating segments are: Italy, which is its key revenue-generating market, and Spain. | $4 | -11% | $3B | $5B | 0.9x | 3.4x | ||
 | PT Elang Mahkota Teknologi Tbk is an Indonesian integrated group engaged in services, trading, construction, and industry. The group is engaged in media, health, aviation support services, and other business segments through its investments in several subsidiaries. Media segment includes five Free-to-Air (FTA) television stations: SCTV, Indosiar, Mentari TV, Ajwa TV, and Moji; Health segment operates in the health sector by managing private hospitals, aviation support services, ground handling, cargo handling, aircraft dispatch, maintenance, catering, and flight training. The others include connectivity, provision of banking services, financial services, infrastructure technology, internet solutions, investment, and other initiatives. It derives maximum revenue from the Media segment. | $0 | +26% | $3B | $1B | 1.1x | 2.0x | ||
| Vivendi SE is an integrated content, media, and communications group. The company has established itself as a key player in content, media, and entertainment by developing a portfolio of listed and unlisted assets, each a leader in its market. It is present in the video game sector with Gameloft, and also holds a certain percentage of stakes in other companies such as Universal Music Group, Banijay, TIM, MediaForEurope, Telefonica, and Prisca. Its business segments include Gameloft, which derives maximum revenue, and Share of UMG, Corporate, and Other. Geographically, the group generates maximum revenue from North America, followed by EMEA (Europe, the Middle East, Africa), Asia Pacific, and Latin America. | $2 | -28% | $2B | $4B | 10.7x | 19.6x | ||
 | Cyfrowy Polsat SA operates in Poland as a provider of a paid digital satellite platform under the name of ‘Polsat Box’ and paid digital terrestrial television as well as the telecommunication services provider. The group operates in the following four segments that includes B2C and B2B services segment which relate to the provision of services to the general public, including digital television transmission signal, mobile services, internet access services, mobile TV services, online TV services, and set-top box production, Media segment consists mainly of production, acquisition, and broadcasting of information and entertainment programs, and TV series. Real Estate segment consists construction, sale, rental, and management of own or leased real estate and Green energy segment. | $4 | -2% | $2B | $6B | 1.5x | 5.9x | ||
| Zhejiang Huace Film & TV Co Ltd operates as a film and television production company. It focuses on the creation of TV dramas, films, and various kinds of fine arts. | $1 | +32% | $2B | $2B | 5.2x | 29.2x | ||
 | Sun TV Network Ltd is a media and entertainment company. The group owns and operates a series of television networks across four languages in the news, music, action, life, movies, kids, and comedy genres. It also airs FM stations in several Indian languages. Its business activities are reported under a single segment, being Media and Entertainment. The company generates revenues from advertising, broadcasting fees, International subscriptions, other subscriptions, movie distribution, and content trading. Geographically, the group is focused on the Indian market with a few operations outside India. | $6 | -12% | $2B | $2B | 3.7x | 5.9x | ||
 | MBC Group Co is a media company in the Middle East and North Africa, having principal activities consisting of information, communication, education, arts, entertainment, and recreation. Its operating segments include Broadcasting and other commercial activities, Shahid, and Media and Entertainment. The Group generates its revenue from: advertising revenue, predominantly from advertisers placing advertisements on its free-to-air TV channels, radio channels, and on the Group’s advertising-video-on-demand streaming platform (AVOD); revenue from subscriptions of the Group’s Shahid VIP subscription-video-ondemand (SVOD) service; and ancillary revenue from its other business operations. | $7 | -40% | $2B | $2B | 1.4x | 12.8x | ||
| Damai Entertainment Holdings Ltd is a technology-powered entertainment company rooted in real-world experiences. While delivering premium films and performances, it harnesses technology to craft inventive experiences for the cultural and entertainment industry, offering users high-quality real-world entertainment. It stands as a full-fledged real-world entertainment platform with businesses spanning content production, marketing and distribution, live performances, IP licensing and integrated operations, as well as cinema ticketing management and data services. | $0 | -26% | $2B | $1B | 1.4x | 15.4x | ||
| TV Asahi Holdings Corporation is a Japanese multimedia group. Ranging from its primary business of broadcast TV, the company owns and manages music publishing and miscellaneous businesses. The Television Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment attends to music copyrights and related rights as well as the artist management and recording businesses and through the Others segment, it is engaged in event management and the sale of digital goods such as DVDs. The company derives its revenue from TV Broadcasting Business. | $21 | +25% | $2B | $2B | 0.7x | 8.1x | ||
| Wasu Media Holding Co Ltd is a China-based company, engages in the Internet, media, and cable television industry services. It offers interactive TV, mobile TV, Internet TV and Internet audio-visual content, technical services, and operations. It also offers cable television, digital television network, digital communications, advertising, and media information services. The company operates throughout China. | $1 | 0% | $2B | $1B | 0.8x | 5.2x | ||
| Metropole Television SA is a media holding company that owns several television channels, magazines, publications, and movie production firms. Metropole Television SA's flagship channel is M6, a multimedia television network that displays a wide variety of content and includes dramas, news, comedies, films, and documentaries. Furthermore, Metropole owns production houses and operates digital content publications. It has four reportable segments which includes Television, Radio, Production & Audiovisual Rights and Diversification involves distribution of niche products, other online revenues, Interactions division. The company generates the vast majority of its revenue from France and also from Television segment. | $13 | -6% | $2B | $2B | 1.1x | 4.5x | ||
| Beijing Gehua CATV Network Co Ltd is engaged in the development and maintenance of radio and television networks. It is involved in the transfer and transmission of radio and television programs, video on demand, network information service business, internet access services based on cable television networks, internet data transmission value-added services, domestic IP telephony services, and cable television advertising design, production, and distribution services. The service scope covers cities, districts, streets, communities and other levels, covering education, finance, medical care, environmental protection, transportation, commerce, safety supervision and other fields. | $1 | +15% | $2B | $558M | 1.7x | 6.2x | ||
| Television Francaise 1 SA is a television broadcasting company. The firm operates numerous television channels, including TF1, which is the company's flagship channel that broadcasts a variety of television programming. Additionally, the company controls other channels such as LCI, which focuses on news and current events, and Eurosport, the company's sports broadcasting segment. It is also involved in television and film production, publishing, as well as social media services. The company derives maximum revenue through Television. The company generates the vast majority of its revenue in France. | $8 | -19% | $2B | $1B | 0.4x | 1.4x | ||
| Guizhou Broadcasting & TV Information Network Co Ltd provides radio and television program ratings services, digital TV value-added business development & management, data services and cable TV-related transmission services. | $1 | +3% | $2B | $3B | 13.7x | (41.8x) | ||
| Jishi Media Co Ltd operates in the broadcasting and television network industry. The company provides radio and television transmission basic services such as live channels, digital broadcasting, consulting and program guide services; digital television value-added services including paid channels, high definition broadcast channels, and interactive on-demand services. It also provides broadband two-way interactive services. | $0 | +69% | $2B | $2B | 7.7x | 30.5x | ||
 | Televisa is one of the leading telecom firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to nearly 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with nearly 4 million customers. Televisa owns Sky Mexico, the country’s only satellite-TV provider, serving about 4 million customers. After merging its traditional media business into Univision, Grupo Televisa owns a 43% stake in the combined entity TelevisaUnivision. Grupo Televisa spun off several smaller businesses, including magazine publishing, three of Mexico's professional soccer teams, and Azteca Stadium in February 2024, under the name Ollamani. | $1 | +35% | $2B | $5B | 1.3x | 3.3x | ||
| Hicon Network Technology (Shandong) Co Ltd exclusively operate the operating business related to Shandong IPTV integrated broadcast control. | $4 | +8% | $1B | $1B | 7.6x | 14.1x | ||
 | Atresmedia Corporacion de Medios de Comunicacion SA is a diversified media company primarily operating in the television, radio, and cinema industries. The company has three primary business segments that include television, radio, and other. The television segment operates a network of television channels, while its radio segment operates a chain of radio stations. The company’s other business segment produces television shows and television films, promotes events, and offers advertising services. The company generates the majority of its revenue in Spain. | $6 | -12% | $1B | $1B | 1.1x | 10.0x | ||
| Guangdong South New Media Co Ltd media service operator in China. It offers service related to telecommunications, radio and television and satellite transmission. | $6 | 0% | $1B | $1B | 4.2x | 8.7x | ||
 | Nine Entertainment is the largest media conglomerate in Australia. It operates Nine Network, a free-to-air TV network across five capital cities, as well as in a number of regional areas. It owns 9Now, a leading broadcast video on demand, or BVOD, business. Its publishing unit is the second-largest newspaper group in Australia with key mastheads such as Australian Financial Review, Sydney Morning Herald, and The Age. Nine also operates a leading domestic-owned subscription video on demand, or SVOD, business in Australia called Stan, and a talk-based radio network. In January 2026, Nine announced a plan to buy outdoor advertising entity QMS Media for AUD 850 million. | $1 | -39% | $1B | $1B | 0.6x | 4.2x | ||
| ProSiebenSat 1 Media SE is a German mass media and digital company that operates in three segments: Entertainment, which derives maximum revenue, Dating & Video, and Commerce & Ventures. The Entertainment segment represents the core of the company's business with a focus on the Seven.One Entertainment Group, which provides multi-platform digital media to audiences in Germany, Austria, and Switzerland. The Dating & video segment offers a range of online matchmaking services and other social entertainment. The Commerce & Ventures segment supports young companies by offering media-for-revenue or media-for-equity partnerships through its TV reach. Geographically, it derives key revenue from Germany, Austria and Switzerland (DACH), followed by the United States of America and other regions. | $5 | -43% | $1B | $3B | 0.6x | 7.1x | ||
| Sinclair Inc. is the owner-operator of the second largest portfolio of television stations in the United States, with 185 full power stations in 86 markets, covering 40% of US households. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels aligned with The CW (Nexstar) and MyNetworkTV (Fox). Sinclair owns the Tennis Channel and stakes in Marquee Sports Network and YES Network, providing their premium sports content to pay-TV distributors. | $14 | +2% | $1B | $5B | 1.5x | 9.6x | ||
| China Television Media Ltd is a China-based company engaged in the movies and televisions (TVs) businesses. The movies and TV-related businesses mainly include the development and operations of movies and TV bases, the producing and publishing of movies and TV dramas, among others. The company is also involved in the advertising businesses, as well as the movies and TV bases tourism businesses. The company is also engaged in the provision of related technology services through its subsidiaries. | $2 | +6% | $988M | $911M | 6.0x | 97.8x | ||
| Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from advertisements, subscriptions, theatrical revenue, the sale of media content, transmission revenue, and commissions. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells live entertainment events. It operates in a single segment, Content and Broadcasting. The company earns the vast majority of its revenue in India. | $1 | -32% | $919M | $685M | 0.7x | 4.9x | ||
| PT Surya Citra Media Tbk is a holdings company that provides multimedia services, the television broadcasting industry. The company operates as a free-to-air television broadcasting station. The majority of the company's revenue comes from Indonesia. The company operates numerous channels that display content throughout Indonesia. The company produces its own content for both television and feature films through its subsidiary PT Screenplay Produksi and provides mass media consultation services. | $0 | +48% | $900M | $783M | 2.0x | 10.8x | ||
| Shenzhen Topway Video Communication Co Ltd is engaged in the construction, operation, and maintenance of cable TV networks which include providing cable TV viewing services, and TV value-added services. The firm offers different family packages, broadband transfers, new installations, and new account opening services. Its reportable segments are; Cable TV networks and related which generates maximum revenue, and TV shopping income segment. | $1 | -13% | $869M | $816M | 4.3x | 79.2x | ||
| Newsmax Inc is a multi-platform media company. The company provides original news and lifestyle updates from its linear cable television and over-the-top (OTT) news channels, websites, proprietary database, publishing products, and e-commerce products. The Company uses original news and editorial content to draw large numbers of readers to its media outlets to sell advertising, print, and online information products. The Company’s business operations are conducted through two operating segments, Broadcasting and Digital. The company generates maximum revenue from the Broadcasting Segment. | $6 | -65% | $824M | $702M | 3.7x | (108.0x) | ||
| Huayi Brothers Media Corp is engaged in the media business. The company's reportable segments are film and television entertainment, TV dramas, artist brokerage and others. | $0 | -16% | $820M | $947M | 20.8x | (67.3x) | ||
| Huawen Media Group operates in the media industry. Its business activities include financial media platforms, regional information media and related extension services, advertising consisting of radio advertising and building media. | $0 | +3% | $781M | $953M | 18.2x | (86.2x) | ||
 | Viaplay Group AB is a Sweden-based company that offers television channels and radio stations, broadcasting and production services. The company generates revenue from Viaplay, Linear Subscription & others, and Advertising. The company's operating segment includes Core operations and Non-core operations. The Core operations include the Group’s operations related to the Viaplay streaming service available in all Nordic countries and the Netherlands, pay-TV channels in all Nordic countries except Iceland, commercial free-TV channels in Sweden, Denmark and Norway; and commercial radio networks and audio streaming services in Sweden and Norway. The non-core includes the international markets the Group is exiting, ie. Poland, the UK and Baltics. | $0 | +138% | $710M | $1B | 0.7x | (34.4x) | ||
 | CJ ENM Co Ltd provides media content, and online and home shopping services. It is primarily involved in television home shopping, Internet shopping mall, and catalogue sales businesses. Further, it provides accessories, electronic, sport, household products through a cable television home shopping network, mail orders and Internet. Geographically, activities are carried out through the region of South Korea. | $33 | -21% | $682M | $2B | 0.5x | 1.8x | ||
| H & R Century Union Corp is engaged in the production and distribution of film and television dramas, artist brokerage management, games and film, and television derivative business. | $1 | +29% | $668M | $640M | 8.3x | (23.6x) | ||
| TV Tokyo Holdings Corporation operates in the broadcasting space in Japan. It is primarily involved in the terrestrial broadcasting business apart from its operation through other segments such as Broadcasting - Peripheral and Satellite Broadcasting. The Terrestrial Broadcasting segment is engaged in the sale of programs to other broadcasters, the provision of broadcast program and film rights, as well as the organization of events. The Broadcasting- peripheral segment is involved in the planning and production of programs, the mail-order business and the Broadcasting Satellite (BS) segment provides TV programs by BS digital broadcasting. | $24 | +8% | $648M | $386M | 0.4x | 4.7x | ||
| Hyundai Home Shopping Network Corp is engaged in the retail domain in Korea. The company's business involves the management of online shopping malls offering a wide range of products including apparel, sportswear, accessories, consumer electronics, household appliances, and beauty products. | $58 | +56% | $645M | $342M | 0.1x | 1.5x | ||
| Nrj Group is a media company operating as a publisher, producer, broadcaster and marketing its own media spaces. It operates with the brand names NRJ, CHERIE FM, NOSTALGIE and RIRE & SONGS. The company operates two free national channels under the brand name NRJ 12 and CHERIE 25 and a pay channel under the brand NRJ HITS. It also operates an international radio station and production of musical theatre. The company operates in France as well as an outside country either through direct operations or through NRJ / ENERGY brand licenses, the first international radio brand, and/or NOSTALGIE / NOSTALGIA. | $8 | -7% | $638M | $170M | 0.4x | 1.9x | ||
| StudioDragon Corp is an entertainment company. The company produces and sells traditional dramas, modern dramas, and other dramas. | $21 | -35% | $631M | $599M | 1.6x | 5.2x | ||
| Rcs Mediagroup is a publishing company. It prints newspapers in Italy and Spain and is active in magazines, television, radio and new media, as well as one of the top operators in the advertising sales and distribution market. The company operates in daily newspapers, books, radio broadcasting, new media and digital and satellite TV, organizes important sporting events and is among the operators in advertising sales and distribution in Italy and Spain. Its operating business segments are Newspapers Italy, Magazines Italy, Advertising and Sport, Unidad Editorial, and Corporate and Other Activities, with maximum revenue from the Newspapers segment. Geographically, the company operates in Italy, Spain, and Other countries. The maximum revenue is derived from Italy. | $1 | 0% | $592M | $712M | 0.8x | 4.5x | ||
| Tohokushinsha Film Corp is a Japanese based media company. It operates in four business divisions including media production, distribution, broadcasting and commercial film production. Its business activities include advertising production, sales promotion, digital production, dubbing and subtitling, film distribution, film library, television distribution, and broadcasting operations. | $4 | +10% | $524M | $128M | 0.4x | 1.5x | ||
| Gray Media Inc is a multimedia company. The company owns and operates local television stations and digital assets. It also owns Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with digital products and services. Its additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. | $5 | +15% | $521M | $7B | 2.2x | 10.1x | ||
| TVZone Media Co Ltd is a state-owned cultural enterprise absolutely controlled by Changsha Broadcasting and Television Group. The company's main business is TV, internet, and mobile internet video. It is also engaged in the production, distribution, and marketing of such content; the operation of television drama rights. | $4 | +43% | $495M | $496M | 9.9x | 80.2x | ||
| Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd is engaged in the provision of planning, construction, and operation and management of radio and television network in Shaanxi Province. The company provides digital and cable television services, high-definition interactive services, including basic channel broadcast services, channel broadcast subscription and information services, and video-on-demand services; and data services. | $1 | +33% | $409M | $1B | 7.7x | (12.4x) | ||
| Gaumont is producer and distributor of motion films. The company produces television programs, cartoon films and series produced by Alphanim; and television drams and series produced by Leonis Productions, Gaumont Television, and Gaumont International Television. The Gaumont group operates in two business sectors which constitute its operating segments: Production and distribution of French feature films, Gaumont’s historical activity; Production and distribution of audiovisual programs via its subsidiaries in France, the United States and Europe; and the Group’s central real estate management and coordination activities. It derives maximum revenue from Production and distribution of audiovisual programs. | $122 | +23% | $381M | $331M | 1.9x | 3.8x | ||
 | Alter Ego Media SA operates in two sectors. The first sector includes television broadcasting, radio broadcasting and audiovisual content creation. The television broadcasting activity is carried out through the television station with the MEGA logo, as well as MEGA’s Hybrid Television, MEGA PLAY and the website. The radio broadcasting activity is carried out through the radio station MY RADIO 104.6. The Group is also actively involved in the development and creation of original audiovisual content, on the one hand intended to meet the needs of the Group. The second sector includes printed and electronic publications. This activity includes the news media TO VIMA, TA NEA and OIKONOMIKOS TACHYDROMOS, the web portal, as well as the creation of thematic content for various subjects. | $6 | +28% | $379M | $343M | 2.1x | 5.4x | ||
| AMC Networks owns several linear TV networks, including AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, its most widely distributed network,reached 55 million pay TV households in the US at the end of 2025. The firm also had nearly 10.5 million US streaming subscribers, with AMC+ as the flagship streaming platform. With both its linear networks and streaming offerings, the firm caters to specific niche audiences. Over the last 15 years, AMC has shifted its focus to original scripted programming from classic movies. It creates content through AMC Studios and also generates revenue from licensing content. Following an international divestiture at the end of 2023, domestic operations make up nearly 90% of total revenue. | $9 | +30% | $366M | $2B | — | — | ||
| Starz Entertainment Corp is the premium entertainment destination for women and underrepresented audiences, and home to some of the popular franchises and series on television. It offers a robust programming mix for discerning adult audiences, including boundary-breaking originals and an expansive lineup of blockbuster movies, and is embodied by its brand positioning. Complementary to any platform or service, it is available across a wide range of digital OTT platforms and multichannel video distributors and is a bundling partner of choice. STARZ is powered by an industry technology, data analytics, and digital infrastructure STARZ app. | $21 | +1% | $355M | $924M | 0.7x | 1.4x | ||
| The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes local broadcast stations and their related digital operations. | $4 | +71% | $348M | $3B | 1.6x | 10.3x | ||
 | Egyptian Satellite Co offers broadcasting services for both TV and radio within the coverage of its satellites, broadband services that supports high speed internet transmission, booking centers as well as training center for nilesat engineering team. The company 's services include Broadcasting services, which provide broadcasting services for both Television and Radio within the coverage of its Satellites; Broadband services, which provide Internet services including e-government, online health care, e-learning and e-commerce; the Booking center provides a range of services, including satellite news gathering. | $9 | +40% | $339M | $44M | 0.4x | 0.5x | ||
 | Grupo Clarin SA is a holding company that operates in the Media industry in Argentina. Its operations include newspaper and other printing, publishing, and advertising activities, broadcast television, radio operations, television content production, online and new media services, and other media-related activities. Its business segments include Printing and Publishing, Broadcasting and Programming, and Others. Print and Digital Publications segments include national and regional newspapers, a sports daily, magazine publishing, editing and distribution, and commercial printing. | $3 | +30% | $302M | $271M | 0.7x | 5.1x | ||
 | GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines. | $0 | -8% | $281M | $309M | 1.0x | 4.7x | ||
 | Sky Network Television Ltd is the sole traditional, set-top-box-based pay-TV service operator in New Zealand. It distributes local and overseas content, including sports, to its customers via a digital satellite network. It generates subscription and content revenue from these customers via set-top-boxes. This business is augmented by an advertising-supported free-to-air television channel, Prime. Sky also runs subscription video on demand, or SVOD, streaming businesses Sky Sports Now and Neon, while it began reselling fixed-line fiber broadband access in 2021. | $2 | +20% | $261M | $243M | 0.5x | 2.8x | ||
| Asahi Broadcasting Group Holdings Corp is based in Japan. The company has two segments Broadcasting and Contents Business segment and the Style Business segment. The Broadcasting and Contents Business includes television and radio broadcasting and various content-related businesses, and the Lifestyle business segment consists of the housing exhibition center operation business, mail order business, and golf course operation business. The company generates the majority of its revenue from the Broadcasting and Content Business. | $5 | +27% | $220M | $116M | 0.2x | 2.5x | ||
| Wowow Inc is a broadcasting station operator based in Japan. The company operates its business through two segments namely Broadcast segment and Telemarketing segment through which it provides services through cable TV, communication satellite broadcasting and Internet Protocol television, based on producing and procuring programs and conducting TV broadcasting at a fee charged by broadcasting satellite. It also offers free program distribution service for TV members only and provides digital marketing support on the web, e-mail, mail order, and travel, event planning, and operation. | $8 | +20% | $216M | $42M | 0.1x | 1.2x | ||
| PT MDTV Media Technologies Tbk, formerly PT Net Visi Media Tbk, is a holding company. Along with its subsidiaries, it carries out business activities in the media industry. It is engaged in Artist Management, Television Broadcasting, Content Production, and Digital Media. The company has only one main business segment, namely Media. | $0 | -46% | $200M | $222M | 46.4x | (15.1x) | ||
| Southern Cross Media broadcasts radio content across Australia and generates revenue and earnings from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations. It is also operating digital audio, which has a rapidly growing audience and turned profitable from fiscal 2025. Southern Cross merged with Seven West Media in January 2026 and now owns Seven's TV and newspaper businesses. | $0 | -14% | $198M | $656M | 2.2x | 14.2x | ||
| Seoul Broadcasting System Co Ltd is a Korea based radio and television broadcasting company. Its broadcasting areas include drama, entertainment, culture, news, and sports. | $11 | -40% | $195M | $175M | 0.3x | 4.2x | ||
| Chubu-Nippon Broadcasting Co Ltd is engaged in broadcasting and real estate businesses. | $7 | +71% | $195M | $107M | 0.5x | 4.2x | ||
 | The ONE Enterprise PCL is engaged in the media business comprising digital TV, and radio, production of content, production of advertising media, rent of advertising space, subleasing television station, artist management, studio rental service, and sales of goods and investment in other business. Its operations are carried on only in Thailand. | $0 | +26% | $193M | $128M | 0.5x | 2.1x | ||
 | Grupo Media Capital SGPS SA is a Portugal-based company engaged in the media industry. Group through its subsidiaries is engaged in broadcasting and producing television programs, music publishing, distribution of movie rights, Internet advertising and creation of Websites. Business activity is functioned through Portugal, Spain, and Latin America. It operates through various segment which are Television, Audiovisual Production and Radio and it derives the majority of the revenue from Television sector. | $2 | -3% | $189M | $221M | 1.1x | 13.7x | ||
| KT Alpha Co Ltd is engaged in the content distribution, G-commerce, and Media services businesses in South Korea. The company is engaged in product sales-type data broadcasting business and mobile gift certificate business. | $4 | +21% | $173M | ($58M) | (0.2x) | (1.4x) | ||
| PT Media Nusantara Citra Tbk is a diversified media company. The business is divided into four segments, which include Advertisement; Content Subscription; and Others. It derives maximum revenue from Advertisement Segment The firm offers pay video service (live streaming, VOD, original productions, and other creative content), news aggregator, audio aggregator, television stations, radio interests, print media, production business, online content, and advertising. | $0 | -18% | $169M | $172M | 0.3x | 0.6x | ||
 | Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with program production and other television-related activities. Its operating segments include Hong Kong TV broadcasting, OTT Streaming, e-commerce business, Mainland China operations, and International operations. The company derives a majority of its revenue from the Hong Kong TV broadcasting segment, involving the broadcasting of television programs, commercials on terrestrial TV platforms, production of programs, online social media platforms, music entertainment, events, and digital marketing. The group derives revenue from Hong Kong and other countries, with which prime revenue being derived from Hong Kong. | $0 | -14% | $164M | $333M | 0.8x | 7.2x | ||
| Jagran Prakashan Ltd is a India based company along with subsidiaries engaged in printing and publication of newspapers and magazines and operating private FM radio stations through the brand Radio City. The company has organized its business into three categories: Printing, publishing, and digital; FM Radio business; and Others comprising outdoor advertising and event management and activation services. The company's majority of revenue is derived through the printing, publishing, and digital segment from India. Some of the company's popular publications include Dainik Jagran, Mid-day, Sakhi, Inquilab, and Naidunia among others. | $1 | -14% | $154M | $81M | 0.4x | 2.4x | ||
| PT MNC Asia Holding Tbk is an investment company that operates in the diversified media industry. The company operates through four strategic business sectors: Media & Entertainment, Financial Services, Tourism & Hospitality, and Energy. The company generates the majority of its revenue from the Media & Entertainment through advertising and content business. | $0 | +12% | $154M | $132M | 0.2x | 0.7x | ||
| KT Skylife Co Ltd is a Korea-based broadcasting company. It is engaged in the provision of digital satellite broadcasting services under the brand name of Skylife. The company provides television (TV) channel services, digital video and audio services, high-definition (HD) multichannel services, personal video recording (PVR) services, interactive broadcasting services, near video on demand (NVOD) channel services, English language packaged channel services, mobile services, TV services for vehicles, services for protection of children by locking adult channels, and others. It also involves in the production of broadcasting contents, such as TV entertainment programs. | $3 | +2% | $151M | $173M | 0.3x | 1.6x | ||
| PT Global Mediacom Tbk is a diversified media company operating in the entertainment industry. The company operates in three business segments: advertising and content, pay TV, broadband, and Others. Its segment, advertising and content, provides advertisement-based media, subscriber-based media, and free-to-air media content. The pay-TV and broadband segment distributes television channels and has other businesses, such as radio and print media. The other business segment creates mobile app games, among many other ventures. The company generates the vast majority of its revenue in Indonesia. | $0 | +2% | $139M | $289M | 0.5x | 2.1x | ||
| Seven West Media operates Seven Network, a free-to-air TV network spread across five capital cities of Australia, as well as many regional markets via Prime. It also operates most of the newspapers circulating in Western Australia (including the main Perth masthead, The West Australian). In the Australian online market, Seven West Media runs broadcast video on demand, or BVOD, streaming service called 7plus. | -- | -- | $130M | $446M | — | — | ||
| BEC World PCL is engaged in providing, producing TV programmes and selling air time, artist management including management services to subsidiaries. It operates in two main business areas: 1) Content business group - television platform, digital platform, international licensing distribution, and services for sourcing and producing entertainment and documentary programs; and 2) Support business group. The company and its subsidiaries operate in one industrial segment, that is the business of entertainment and recreation, which operates in the geographical area, Thailand. | $0 | -54% | $112M | $4M | 0.0x | 0.1x | ||
| Kino Polska TV SA is a Poland based company involved in offering distribution publishing film production Internet services and broadcasts television channels The companys core operations include broadcasting and producing television channels Kino Polska Kino Polska Muzyka Kino TV FilmBox Premium HD theme channels and terrestrial channels Zoom TV and Stopklatka sales of advertising time in Poland and in the Czech Republic and trading in licensing rights The channels produced broadcast and distributed by the Group are included in the offers of all Polish operators and also available in forty countries in all parts of the world. | $6 | +12% | $110M | $105M | 1.2x | 2.5x | ||
| Agora SA is one of the leading media company in Poland. It is engaged in the business of publishing of daily newspapers, magazines and periodic print media. It also provides television advertising, radio broadcasting and online services. The company's publishing portfolio includes Gazeta Wyborcza, and Metro newspaper and several magazines. The internet offering includes Internet portals such as Gazeta.pl, Sport.pl and Blox.pl. In the area radio of broadcasting industry, the company operates more than 15 radio stations including such brands as TOK FM, Rock Radio and Golden Hits (Zlote Przeboje), Radio Pogoda, and Internet radio Tuba.fm and Tuba.pl. The firm also manages a digital terrestrial TV channel called METRO. | $2 | -14% | $109M | $299M | 0.7x | 3.7x | ||
| PT MNC Vision Networks Tbk core business consists of DTH post-paid and prepaid Pay TV, Fixed Broadband and Fiber optic Pay TV service, Android OTT Box, OTT Platform, and Local Cable Operator, content production that serves exclusively for the group. Its segments include Satellite services, Digital IPTV and broadband services, and others. The company generates the majority of its revenue from Satellite services. | $0 | +68% | $105M | $35M | 0.4x | (7.9x) | ||
| Nippon BS Broadcasting Corp is a Japan-based company engages in the satellite broadcasting services. It provides various programs that include news, economy, entertainment, drama, movie, anime, hobby and art, travel, education, sports, and special program. | $6 | +2% | $104M | $14M | 0.2x | 0.9x | ||
| YTN Co Ltd operates in the internet content and information industry in South Korea. The company's business consists of divisions, namely, broadcasting channel use, real estate rental, online business, and other businesses. | $2 | 0% | $103M | $5M | 0.1x | (1.0x) | ||
| Broadmedia Corporation engages in the content distribution business in Japan. The company operates through six segments: Education, Media Content, Studio Production, Broadcasting, Technology, and Others. It generates the majority of its revenue from the Technology segment, which offers technology services, such as the delivery of content through CDN, and digital cinema and Internet services. | $14 | +27% | $98M | $78M | 0.7x | 15.5x | ||
| KeyHolder Inc, through its subsidiaries is engaged in various businesses including advertising agency, casting, operation of the live music club, management, operation business and others. Its segments include: General Entertainment Business; Video Production Business; Video Production Business; and Logistics business. | $5 | +7% | $96M | $87M | 0.4x | 3.3x | ||
 | Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution. | $0 | -12% | $94M | $23M | 0.8x | 1.5x | ||
| New Delhi Television Ltd is in the business of television media and currently operates three channels including a dual channel namely NDTV 24x7, NDTV India, and NDTV Profit. The subsidiaries of the company include NDTV Convergence Ltd and NDTV World-wide Ltd offers consultancy for setting up of local television news channels in emerging markets across the world. The company also has associates and joint venture engaged into different e-commerce businesses on various platforms such as www.Gadgets360.com and www.mojarto.com. The company operates in India, America, Europe and Others. | $1 | -42% | $93M | $136M | 2.8x | (7.4x) | ||
| KX Innovation Co Ltd provides broadcasting program services. It also engages in the broadcasting channel business. | $2 | -19% | $90M | $131M | 0.6x | 1.9x | ||
| Mono Next PCL is an entertainment and media company. The business is classified into two segments: Media business; and Content and entertainment business. The Media business, consisting of TV, online and subscribed streaming video and Content and entertainment business, consisting of movie business, entertainment business, commerce and content arrangement business. Company has majority of revenue from Media Business. | $0 | -56% | $84M | $125M | 2.7x | 11.2x | ||
 | Astro Malaysia Holdings Bhd is an entertainment holding company operating in the diversified media industry. The company's business segments include Television, Radio, and others. The Television segment provides content, creation, and aggregation of media. Additionally, it provides magazine publication and distribution. The radio segment provides radio broadcasting services to customers. The company generates the majority of its revenue in Malaysia. | $0 | -68% | $80M | $628M | 0.9x | 9.6x | ||
| Median | $4 | +3% | $746M | $936M | 1.1x | 4.8x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.