U.S. Media Potentially Undervalued Companies

Yalla Group

Market Cap: US$1.2b

Operates a social networking and gaming platform in the Middle East and North Africa region.

Comcast

Market Cap: US$117.1b

Operates as a media and technology company worldwide.

Omnicom Group

Market Cap: US$14.9b

Offers advertising, marketing, and corporate communications services.

DoubleDown Interactive

Market Cap: US$461.8m

Engages in the development and publishing of casual games and mobile applications in South Korea.

Gambling.com Group

Market Cap: US$291.8m

Operates as a performance marketing company for the online gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally.

trivago

Market Cap: US$243.1m

Operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, Canada, Japan, and internationally.

MediaAlpha

Market Cap: US$818.0m

Through its subsidiaries, operates an insurance customer acquisition platform in the United States.

Pinterest

Market Cap: US$22.8b

Operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally.

JOYY

Market Cap: US$3.0b

Engages in the provision of social product matrix and communication technology.

Thunderbird Entertainment Group

Market Cap: US$73.8m

Develops, produces, and distributes film and television programs in Canada and internationally.

TEGNA

Market Cap: US$3.3b

Operates as a journalism company in the United States.

Nexstar Media Group

Market Cap: US$6.0b

Operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States.

Gray Media

Market Cap: US$588.2m

A multimedia company, owns and/or operates television stations and digital assets in the United States.

Yelp

Market Cap: US$2.0b

Operates a platform that connects consumers with local businesses in the United States and internationally.

System1

Market Cap: US$73.2m

Provides omnichannel customer acquisition platform services through its proprietary responsive acquisition marketing platform in the United States and internationally.

TruGolf Holdings

Market Cap: US$3.5m

Through its subsidiary, engages in the design, development, manufacture, and sale of golf simulators for residential and commercial applications in the United States.

Travelzoo

Market Cap: US$109.9m

Operates as an Internet media company that provides travel, entertainment, and local experiences worldwide.

Baidu

Market Cap: US$45.2b

Provides online marketing and non-marketing value added services through an internet platform in the People’s Republic of China.

Townsquare Media

Market Cap: US$111.2m

Operates as a digital and broadcast media, and digital marketing solutions company for small and medium-sized businesses in the United States.

Dentsu Group

Market Cap: US$856.4b

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific.

Angi

Market Cap: US$742.3m

Angi Inc. connects home professionals with consumers in the United States and internationally.

E.W. Scripps

Market Cap: US$237.7m

Operates as a media enterprise through a portfolio of local television stations, national news, and entertainment networks in the United States.

WPP

Market Cap: US$3.8b

A creative transformation company, provides communications, experience, commerce, and technology services in North America, the United Kingdom, Western Continental Europe, the Asia Pacific, Latin America, Africa, the Middle East, and Central and Eastern Europe.

Universal Music Group

Market Cap: US$44.0b

Operates as a music company worldwide.

iHeartMedia

Market Cap: US$385.2m

Operates as an audio media company in the United States.

Paramount Skydance

Market Cap: US$20.7b

Operates as a media and entertainment company worldwide.

Sirius XM Holdings

Market Cap: US$7.6b

Operates as an audio entertainment company in North America.

Criteo

Market Cap: US$1.2b

A technology company, provides marketing and monetization services and infrastructure on the open internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific.

BuzzFeed

Market Cap: US$63.7m

A digital media company, distributes content across owned and operated, and third-party platforms in the United States and internationally.

Nexxen International

Market Cap: US$600.6m

Provides end-to-end and video-first platform that engages advertising campaigns for brands, agencies, media groups, and content creators worldwide.

Publicis Groupe

Market Cap: US$20.0b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East.

Bumble

Market Cap: US$943.4m

Provides online dating and social networking applications in North America, Europe, internationally.

PLAYSTUDIOS

Market Cap: US$121.3m

Develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally.

Publicis Groupe

Market Cap: US$20.0b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East.

S4 Capital

Market Cap: US$142.3m

Provides digital advertising and marketing services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

IAC

Market Cap: US$2.8b

Operates as a media and internet company worldwide.