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

ChinaShanghai

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

XG Entertainment funding rounds
DateStageInvestorsRaisedDeal Summary
Jun 2017Series BCICC (lead)$74MXG 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 2016Series 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

Investors in XG Entertainment by funding rounds participated
InvestorHQRoundsRoleFirst check

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XG 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.

Public and private companies comparable to XG Entertainment
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
DisneyUnited StatesUnited StatesPublicly listed$94B$19B$182B2.3x
Warner Bros. DiscoveryUnited StatesUnited StatesPublicly listed$37B$21B$71B2.8x
Liberty MediaUnited StatesUnited StatesPublicly listed$4.5B$1.4B$23B5.9x
CMCChinaShanghaiPrivate--$6B-
TBS HoldingsJapanJapanPublicly listed$2.7B$643M$5.8B2.1x
Canxing ZhizuoChinaShanghaiPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Netflix$45B$30B7.1x6.4x10.6x19.8x
Disney$94B$19B2.4x2.3x12.3x10.3x
Comcast$124B$46B1.3x1.4x3.5x4.8x
Warner Bros. Discovery$37B$21B2.7x2.8x4.8x12.0x
Universal Music$14B$3B2.5x2.4x11.9x11.5x
Fox Corporation$17B$3B1.7x1.7x9.9x7.4x
Liberty Media$4.5B$1.4B6.2x5.9x20.1x23.3x
BCE$18B$10B3.0x3.0x5.0x6.8x

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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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