Skip to content
FairlyValued

42 industries benchmarked · 39 live sell-side mandates · reviewed 2026-08-06

All sectors

Media

Who acquires Media companies

140 distinct acquirers across 169 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.

169
Transactions
2014 to 2026
140
Named acquirers
distinct buyers
8.4x
Median EV/EBITDA
from 13 disclosed
$85m
Median deal size
enterprise value

Most active acquirers

Ranked by number of acquisitions recorded in this sector. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.

Recorded transactions

TargetAcquirerDateValueEV/EBITDAEV/Revenue
Warner Bros. DiscoverySkydance Corporation2026-10-06$0k0.0x0.0x
Captivate HoldingsNational CineMedia2026-09-18$275m0.0x0.0x
HC2 Broadcasting Holdings Inc.CONX Corp.2026-09-01$0k0.0x0.0x
Gray Media stations KKTVThe E.W. Scripps Company2026-05-15$0k0.0x0.0x
Allen Media Group television stationsGray Media2026-05-01$171m0.0x0.0x
WRTV television stationCircle City Broadcasting2026-03-31$83m0.0x0.0x
TEGNA Inc.Nexstar Media Group2026-03-19$0k0.0x0.0x
BTC Inc and UTXO Management GPNakamoto Inc.2026-02-20$82m2.4x1.0x
API Media Innovations Inc.Datavault AI Inc.2026-01-22$14m0.0x0.0x
fuboTV Inc.The Walt Disney Company2025-10-30$0k0.0x0.0x
Paramount GlobalParamount Skydance Corporation2025-08-07$0k0.0x0.0x
Crisp Momentum Inc.OpenLocker Holdings2025-07-11$0k0.0x0.0x
Dorna SportsLiberty Media Corporation2025-07-03$0k0.0x0.0x
Hangzhou SY Culture Media Co.Yuechi Technology Limited2025-06-05$550k0.0x0.0x
JOURNYNextTrip2025-04-07$0k0.0x0.0x
Clear Channel Outdoor Europe-North segmentBauer Media Group2025-03-31$625m0.0x0.0x
NapsterInfinite Reality2025-03-25$207m0.0x0.0x
Endeavor Group HoldingsSilver Lake2025-03-24$25.0bn0.0x0.0x
TastemadeWonder2025-03-12$90m0.0x0.0x
FYE RecordsFYE Music Entertainment Group2025-01-02$2m0.0x0.0x
Downtown MusicVirgin Group Ltd.2024-12-16$775m0.0x0.0x
Rivulet MediaRivulet Entertainment2024-07-07$0k0.0x0.0x
Gearbox SoftwareTake-Two Interactive Software2024-03-27$460m0.0x0.0x
eOneLions Gate Entertainment2023-12-27$375m0.0x0.0x
Shanghai Xingyi Cinema ManagementPAG (PE)2023-09-27$220m0.0x0.0x
QuintEventsLiberty Media2023-09-06$313m0.0x0.0x
Catena Media - Sports Publishing AssetsOneTwenty2023-08-08$7m0.0x0.0x
Peak Media CollectiveZoomerMedia Ltd.2023-06-08$5m0.0x0.0x
WinsightInforma2023-05-18$380m0.0x0.0x
KUSINexstar Media Group2023-05-08$35m0.0x0.0x
TarsusInforma2023-03-09$940m0.0x0.0x
Ellis Park Racing & GamingChurchill Downs2022-09-26$79m0.0x0.0x
SsimwaveIMAX2022-09-22$19m0.0x0.0x
Axios MediaCox Enterprises2022-08-08$525m0.0x0.0x
Plimsoll ProductionsITV Studios Ltd.2022-06-14$202m13.1x0.0x
AviwestHaivision2022-02-24$23m0.0x2.0x
The Brunswick NewsPostmedia2022-02-17$16m0.0x0.0x
The AthleticThe New York Times2022-01-06$550m0.0x0.0x
Beijing Weiliantong TechScienjoy Holding2021-12-29$44m0.0x0.0x
Endeavor ContentCJ ENM2021-11-18$850m0.0x0.0x
Prime MediaSeven West Media2021-11-01$122m0.0x0.0x
1-2-3.tviMedia Brands2021-09-22$95m0.0x0.0x
Phoenix Waters ProductionsCoinllectibles2021-08-17$5m0.0x0.0x
ZonedGameSquare2021-07-27$8m0.0x0.0x
ASR GroupAscential2021-07-16$122m0.0x0.0x
Gray Television - WJRT-TVAllen Media Broadcasting2021-07-14$70m0.0x0.0x
FairPlay Sports MediaBruin Capital (PE)2021-07-12$239m0.0x0.0x
iSentiaAccess Intelligence2021-06-16$67m0.0x0.0x
DMSYangaroo2021-05-21$6m0.0x0.0x
eOne MusicThe Blackstone Group (PE)2021-04-26$385m0.0x0.0x
This Old House VenturesRoku2021-03-19$98m0.0x0.0x
Podcorn MediaAudacy2021-03-10$23m0.0x0.0x
The HustleHubspot2021-02-03$27m0.0x0.0x
Pub OceanPerion2020-07-22$22m0.0x0.0x
Lagardere Studios SASMediawan2020-06-22$113m0.0x0.5x
PodcastOneLiveOne2020-05-08$18m0.0x0.7x
React PresentsLiveOne2020-02-07$2m0.0x0.0x
On LocationEndeavor2020-01-02$650m0.0x0.0x
Nexstar Media GroupFox2019-11-05$350m0.0x0.0x
TI Media Ltd.Future2019-10-30$216m4.9x0.7x
CatalisNorthEdge Capital (PE)2019-10-14$139m0.0x0.0x
Turfway ParkChurchill Downs2019-10-03$46m0.0x0.0x
Urban OneBeasley2019-06-10$14m0.0x0.0x
Meredith Corp. - Sports IllustratedAuthentic Brands Group2019-05-27$110m0.0x0.0x
Lagardère SCA - Television BusinessM6 Group2019-05-24$242m0.0x0.0x
EchoStar Corp. - BSS BusinessDISH Network2019-05-20$800m0.0x0.0x
Msq PartnersLDC (PE)2019-05-16$58m0.0x0.0x
Bayou City Broadcasting LLCEntertainment Studios2019-05-06$165m0.0x0.0x
Cooper HoldingsTEGNA2019-05-06$91m0.0x0.0x
Fanxchange Ltd.Vivid Seats2019-04-11$65m0.0x0.0x
Centaur Media Travel and Meetings Ltd.Northstar Travel Group2019-04-10$14m0.0x0.0x
BAVJ&S Audio Visual2019-03-05$9m0.0x0.0x
Jacaranda FM Pty Ltd.Kagiso Media2019-02-11$18m0.0x0.0x
Meredith Corp. - FORTUNE Media BrandFortune Media Group Holdings Ltd.2018-11-09$150m0.0x0.0x
Movie Tavern Partners LPMarcus2018-11-02$126m0.0x0.0x
EH Media -Technology BrandsEmerald2018-08-21$28m0.0x0.0x
Gray TelevisionTEGNA2018-08-20$105m0.0x0.0x
Entercom Communications Corp. - Radio StationsBonneville International Corp.2018-08-03$141m0.0x0.0x
RLJ EntertainmentAMC Networks2018-07-30$274m0.0x0.0x
The E. W. Scripps Company - Milwaukee Radio StationsGood Karma Brands LLC2018-07-27$16m0.0x0.0x
The E. W. Scripps Company - Radio StationsGriffin Communications2018-06-25$13m0.0x0.0x
Ascential Group Ltd. - Exhibitions BusinessITE Group Plc2018-05-15$462m13.0x3.6x
Newfoundland Capital Corporation Ltd.Stingray2018-05-02$506m9.5x3.0x
Essential Media Group LLCKew Media Group2018-04-30$23m0.0x0.0x
Connoisseur Media LLC - Three Radio StationsTownsquare Media2018-03-22$17m0.0x0.0x
MEED Media FZ LLCGlobalData2017-12-08$18m0.0x0.0x
Sienna FilmsKew Media Group2017-11-13$3m0.0x0.0x
QYN B.V.ZetaDisplay2017-10-30$10m8.4x1.6x
Corus EntertainmentBell Media2017-10-17$152m0.0x0.0x
TCB Media Rights Ltd.Kew Media Group2017-10-10$9m5.6x0.5x
On The Bay MagazineZoomerMedia Ltd.2017-08-31$643m0.0x0.0x
Vitec Broadcast ServicesNEP Group2017-08-02$41m0.0x0.6x
Katz Broadcasting LLC - Television NetworksScripps2017-08-01$302m0.0x0.0x
WRGInizio2017-07-03$38m0.0x0.0x
WCAX-TVGray2017-05-04$29m0.0x0.0x
TV3 GroupBite Group2017-03-17$129m0.0x0.0x
Tennis Media Co. LLCSinclair Broadcast Group2017-03-01$8m0.0x0.0x
Diversified CommunicationsGray2017-02-16$85m0.0x0.0x
Nordic Cinema Group ABAMC2017-01-23$977m0.0x0.0x
Allworld ExhibitionsUBM2016-12-13$485m12.9x5.0x
Harris EnterprisesGannett2016-11-30$20m0.0x0.0x
Televisión Federal S.A.Viacom2016-11-15$345m0.0x0.0x
Nozon SPRLStarbreeze2016-10-25$8m0.0x3.1x
Emmis Communications Corp. - WTHI-FM and WWVR-FM StationsMidwest Communications2016-10-12$4m0.0x0.0x
Executive Channel International Pty Ltd.oOh!media2016-10-11$69m0.0x0.0x
Grass Roots Group Holdings Ltd.Blackhawk Network2016-08-31$139m8.2x0.0x
naïveBelieve2016-08-25$12m0.0x0.0x
Greater MediaBeasley2016-07-19$240m0.0x1.0x
ReachLocalGannett Co.2016-06-27$156m0.0x0.4x
Boxer TV-Access ABCom Hem AB2016-06-08$157m0.0x0.7x
Content Marketing InstituteUBM2016-06-01$18m0.0x2.0x
China Branding Group Ltd.Remark Holdings2016-05-16$8m0.0x0.0x
Withers Broadcasting Co. - WDTV And WVFXGray2016-05-13$27m0.0x0.0x
Orion Media Ltd.Bauer Media KG2016-05-06$62m0.0x0.0x
TLA Worldwide PlcKalyx Properties Inc.2016-05-02$60m6.4x1.2x
Business JournalsUBM2016-04-22$69m0.0x0.0x
BSocialSocialEyez2016-04-07$1m0.0x0.0x
BAMKOSuperior Group of Companies2016-03-08$16m0.0x0.0x
MX1 Ltd.SES2016-02-26$242m0.0x0.0x
RR Media Ltd.SES2016-02-26$242m12.7x1.7x
Schurz Communications - Television StationsGray2016-02-16$415m0.0x0.0x
The Tennis ChannelSinclair Broadcast Group2016-01-27$350m0.0x0.0x
Colane Cable TVShenandoah Telecommunication2016-01-04$2m0.0x0.0x
DreamHack ABMTG2015-11-12$29m0.0x0.0x
Garage Entertainment and Production Pty Ltd.SurfStitch Group2015-11-12$11m0.0x0.0x
Journal Media GroupGannett Co.2015-10-08$280m0.0x0.0x
Sundance Cinemas LLCCarmike Cinemas2015-10-06$36m0.0x0.0x
Monroe Publishing Co.Gannett2015-09-24$5m0.0x0.0x
Village Roadshow Entertainment GroupOnex Falcon (PE)2015-09-14$480m0.0x0.0x
Pepcom GmbHTele Columbus2015-09-13$270m0.0x0.0x
EnvivioEricsson2015-09-10$125m0.0x3.0x
IronmanDalian Wanda Group Co Ltd.2015-08-26$650m0.0x0.0x
JT BioscopenVue2015-08-21$96m0.0x0.0x
North American Midway Entertainment LLCTownsquare Media2015-08-17$76m0.0x0.0x
Primo MediaAdShareTM2015-08-04$4m0.0x0.0x
Lincoln Financial Media Corp.Audacy2015-07-16$105m0.0x0.0x
Twofour Group LtdITV2015-06-25$86m0.0x0.0x
Martha Stewart Living OmnimediaSequential Brands Group2015-06-22$353m0.0x0.0x
Marmar Media Ltd.XLMedia2015-06-16$7m3.3x0.7x
DT Cinemas Ltd.PVR INOX2015-06-09$8m0.0x0.0x
Puerto Rico Cable Co. (dba Choice Cable TV)Liberty Global2015-06-03$276m0.0x0.0x
Nordic Cinema Group ABBridgepoint (PE)2015-04-28$556m8.8x1.8x
Media Co OutdoorOcean Outdoor2015-04-22$18m0.0x0.0x
Applebox ProductionsFONU22015-03-31$1m0.0x0.0x
CLX Europe S.p.AeClerx Services2015-03-31$27m0.0x0.0x
Elite Sports Properties Holdings Pty Ltd.TLA Worldwide Plc2015-03-19$18m0.0x0.0x
Glispa GmbHMarket Tech Holdings Ltd.2015-03-16$77m0.0x0.0x
TVN SAScripps Networks Interactive2015-03-16$658m0.0x0.0x
KMVT-TV & KSVT-TVGray2015-03-12$18m0.0x0.0x
Talpa Media B.V.ITV2015-03-12$530m0.0x0.0x

The 150 most recent of 169 recorded transactions in this sector. n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.

See all 169 Media transactions

Who owns Media & Communications companies

On PEStore, Media sits within Media & Communications. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.

Media & Communications investors and acquirers on PEStoreMultiples across every sector

What is your Media business worth?

Run the free valuation against the current multiple band for your sector. It takes about a minute and shows the range and the method behind it.

Run a valuation