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- XG Entertainment
XG Entertainment Funding, Investors & Competitors
XG Entertainment has raised $124M across 2 funding rounds, most recently a $74M Series B in June 2017.
Last XG Entertainment funding round
$74M
Series B · Jun 2017
Cumulative funding XG Entertainment raised
$124M
across 2 funding rounds
Key investors in XG Entertainment
XG Entertainment Overview
About XG Entertainment
XG Entertainment is a Shanghai-based media company founded in 2015 by former Shanghai Media Group vice president Yang Wenhong. Operations cover film and drama production, online shows, professional content generation, and offline events.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
XG Entertainment Funding History
XG Entertainment has raised a total of $124M across 2 funding rounds.
XG Entertainment's first fundraising round was a $50M Series A in June 2016. The most recent completed round was a $74M Series B in June 2017.
XG Entertainment funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2017 | Series B | CICC (lead) | $74M | XG Entertainment, a Shanghai-based Chinese TV production firm, raised RMB500 million (US$73 million) in a series B funding round on June 13, 2017, led by China International Capital Co., Ltd. (CICC). The company, founded two years prior, focuses on TV entertainment production. The funding round aligns with a wave of investments in Chinese entertainment and media startups around 2017, including live streaming platforms like Panda TV and mobile app developers like Chubao Technology. XG Entertainment's raise reflects investor interest in content production amid China's booming digital entertainment sector. |
| Jun 2016 | Series A | - | $50M | - |
Who has invested in XG Entertainment?
1 investor has backed XG Entertainment across its funding rounds, including CICC.
Lead investors include CICC.
XG Entertainment Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 XG Entertainment investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialXG Entertainment Competitors
XG Entertainment competitors include listed companies like Disney, Warner Bros. Discovery, Liberty Media and TBS Holdings, and private ones like CMC and Canxing Zhizuo.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $94B | $19B | $182B | 2.3x | ||
| Publicly listed | $37B | $21B | $71B | 2.8x | ||
| Publicly listed | $4.5B | $1.4B | $23B | 5.9x | ||
| Private | - | - | $6B | - | ||
| Publicly listed | $2.7B | $643M | $5.8B | 2.1x | ||
| Private | - | - | $2.5B | - |
XG Entertainment Public Comps
XG Entertainment is still privately-owned, but its public comps include Netflix, Disney, Comcast, Warner Bros. Discovery, Universal Music, Fox Corporation, Liberty Media, BCE, Rogers and Warner Music Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $45B | $30B | 7.1x | 6.4x | 10.6x | 19.8x | |||
| $94B | $19B | 2.4x | 2.3x | 12.3x | 10.3x | |||
| $124B | $46B | 1.3x | 1.4x | 3.5x | 4.8x | |||
| $37B | $21B | 2.7x | 2.8x | 4.8x | 12.0x | |||
| $14B | $3B | 2.5x | 2.4x | 11.9x | 11.5x | |||
| $17B | $3B | 1.7x | 1.7x | 9.9x | 7.4x | |||
| $4.5B | $1.4B | 6.2x | 5.9x | 20.1x | 23.3x | |||
| $18B | $10B | 3.0x | 3.0x | 5.0x | 6.8x | |||
This data is available for Pro users. Sign up to see all XG Entertainment competitors and their valuation data. Start Free Trial | ||||||||
Common questions about XG Entertainment
| When was XG Entertainment founded? | XG Entertainment was founded in 2015. |
| Where is XG Entertainment headquartered? | XG Entertainment is headquartered in Shanghai, China. |
| Is XG Entertainment publicly listed? | No, XG Entertainment is a private, VC-backed company. |
| How much funding has XG Entertainment raised? | XG Entertainment has raised $124M across 2 funding rounds. |
| What was XG Entertainment's last funding round? | XG Entertainment's last funding round was a $74M Series B in June 2017, led by CICC. |
| Who are XG Entertainment's investors? | XG Entertainment's investors include CICC. |
| Which companies are comparable to XG Entertainment? | Companies comparable to XG Entertainment include Disney, Warner Bros. Discovery, Liberty Media, CMC, TBS Holdings and Canxing Zhizuo. |
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