As of June 2023, digital media companies in the music, video, and photo vertical had the lowest enterprise-value-to-revenue multiple. According to recent industry estimates, companies in the segment had an average EV/R of 2.2x. Companies in the Western gaming segment had an average EV/R of 4.1x.
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GP Bullhound. (July 20, 2023). Enterprise-value-to-revenue (EV/R) of selected digital media verticals worldwide as of June 2023 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 25, 2026, from /statistics/1244527/media-company-vertical-ev-revenue/
GP Bullhound. "Enterprise-value-to-revenue (EV/R) of selected digital media verticals worldwide as of June 2023." Chart. July 20, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 25, 2026. /statistics/1244527/media-company-vertical-ev-revenue/
GP Bullhound. (2023). Enterprise-value-to-revenue (EV/R) of selected digital media verticals worldwide as of June 2023. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 25, 2026. /statistics/1244527/media-company-vertical-ev-revenue/
GP Bullhound. "Enterprise-value-to-revenue (Ev/R) of Selected Digital Media Verticals Worldwide as of June 2023." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 20 Jul 2023, /statistics/1244527/media-company-vertical-ev-revenue/
GP Bullhound, Enterprise-value-to-revenue (EV/R) of selected digital media verticals worldwide as of June 2023 ÌÇÐÄÆÆ½â°æ, /statistics/1244527/media-company-vertical-ev-revenue/ (last visited July 25, 2026)
Enterprise-value-to-revenue (EV/R) of selected digital media verticals worldwide as of June 2023 [Graph], GP Bullhound, July 20, 2023. [Online]. Available: /statistics/1244527/media-company-vertical-ev-revenue/