- Companies
- CMC
Last CMC valuation
$6B
Series A · Jul 2018
Last CMC funding round
$1.5B
Series A · Jul 2018
Cumulative funding CMC raised
$1.5B
across 1 funding round
Key investors in CMC
Tencent
Alibaba Group
CMB International Capital Corporation
China Vanke
About CMC
Beijing-headquartered CMC Inc. produces films, television dramas, and digital content through subsidiaries like CMC Pictures. The conglomerate operates financial media platforms and sports broadcasting channels serving mainland China audiences. Backed by state entities, it distributes content via iQIYI and Tencent Video partnerships.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Valuation
$6B (Jul 2018)
CMC Valuation
CMC is currently valued at $6B, based on its Series A in July 2018.
The $1.5B round was led by Alibaba Group, Tencent and China Vanke, with participation from CMB International Capital Corporation.
CMC valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2018 | Series A | $6B |
CMC Funding History
CMC has raised a total of $1.5B across 1 funding round.
CMC funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Jul 2018 | Series A | Alibaba Group (lead); Tencent (lead); China Vanke (lead); CMB International Capital Corporation | $1.5B | $6B |
Who has invested in CMC?
4 investors have backed CMC across its funding rounds, including Tencent, Alibaba Group, CMB International Capital Corporation and China Vanke.
Lead investors include Alibaba Group, Tencent and China Vanke.
CMC Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Jul 2018 | ||
| 1 | Lead | Jul 2018 | ||
This data is available for Pro users. Sign up to see all 4 CMC investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialCMC Competitors
CMC competitors include listed companies like RTL Group, FUJI Media Holdings, TBS Holdings and HYBE, and private ones like Canxing Zhizuo and Kakao Entertainment.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $6.9B | $644M | $5.6B | 1.0x | ||
| Publicly listed | $3.5B | $386M | $3.8B | 1.9x | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $2.7B | $643M | $5.8B | 2.1x | ||
| Publicly listed | $1.9B | ($17M) | $5.1B | 1.6x | ||
| Private | $1.2B | - | $7B | 5.8x |
CMC Public Comps
CMC is still privately-owned, but its public comps include Bilibili, TBS Holdings, RTL Group, Sphere Entertainment, HYBE, Mango Excellent Media, Nexstar Media Group, Graham Holdings, Enlight Media and Toho.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $464M | 0.8x | 0.8x | 8.3x | 6.0x | |||
| $2.7B | $643M | 2.1x | 2.1x | 9.1x | 21.8x | |||
| $6.9B | $644M | 1.2x | 1.0x | 12.6x | 7.6x | |||
| $1.2B | $451M | 4.6x | 4.2x | 12.4x | 18.2x | |||
| $1.9B | ($17M) | 2.5x | 1.6x | (287.1x) | 18.2x | |||
| $2.1B | $1B | 2.2x | 2.2x | 4.4x | 4.3x | |||
| $4.9B | $1.3B | 3.4x | 2.4x | 12.6x | 6.8x | |||
| $4.9B | $682M | 1.0x | 1.0x | 7.3x | - | |||
This data is available for Pro users. Sign up to see all CMC competitors and their valuation data. Start Free Trial | ||||||||
Common questions about CMC
| When was CMC founded? | CMC was founded in 2010. |
| Where is CMC headquartered? | CMC is headquartered in Shanghai, China. |
| Is CMC publicly listed? | No, CMC is a private, VC-backed company. |
| What is CMC's valuation? | CMC was last valued at $6B in its Series A in July 2018. |
| How much funding has CMC raised? | CMC has raised $1.5B across 1 funding round. |
| What was CMC's last funding round? | CMC's last funding round was a $1.5B Series A in July 2018, led by Alibaba Group, Tencent and China Vanke. |
| Who are CMC's investors? | CMC's investors include China Vanke, Tencent, Alibaba Group and CMB International Capital Corporation. |
| Which companies are comparable to CMC? | Companies comparable to CMC include RTL Group, FUJI Media Holdings, Canxing Zhizuo, TBS Holdings, HYBE and Kakao Entertainment. |
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