U.S. Media Potentially Undervalued Companies

Yalla Group

Market Cap: US$856.3m

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

Tencent Holdings

Market Cap: US$4.0t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

MNTN

Market Cap: US$965.0m

Operates a technology platform that brings performance marketing to Connected TV.

Hello Group

Market Cap: US$849.5m

Provides mobile-based social and entertainment services in the People’s Republic of China and internationally.

TechTarget

Market Cap: US$276.3m

Provides sales and support of purchase intent-driven advertising campaigns in North America, the United Kingdom, and internationally.

Creative Realities

Market Cap: US$38.6m

Provides digital signage and media solutions in the United States and internationally.

NetEase

Market Cap: US$623.9b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

FuboTV

Market Cap: US$1.1b

Operates as a live TV streaming platform company in the United States, Canada, France, Spain, and internationally.

Gray Media

Market Cap: US$490.1m

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

Warner Music Group

Market Cap: US$14.2b

Operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.

iQIYI

Market Cap: US$1.0b

Provides online entertainment video services in the People’s Republic of China.

HUYA

Market Cap: US$497.8m

Operates game live streaming platforms in the People’s Republic of China.

Tencent Holdings

Market Cap: US$4.0t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

Ubisoft Entertainment

Market Cap: US$728.4m

Produces, publishes, distributes, and operates video games for consoles, PC, smartphones, and tablets in physical and digital formats in Europe, North America, and internationally.

illumin Holdings

Market Cap: US$40.9m

A technology company, provides digital media solutions in Canada, the United States, Europe, Latin America, and internationally.

E.W. Scripps

Market Cap: US$303.0m

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

iHeartMedia

Market Cap: US$467.7m

Operates as an audio media company in the United States.

WPP

Market Cap: US$4.3b

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.

Meta Platforms

Market Cap: US$1.4t

Engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally.

Angi

Market Cap: US$199.5m

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

Autotrader Group

Market Cap: US$4.2b

Operates an automotive platform in the United Kingdom.

Dentsu Group

Market Cap: US$930.4b

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

DoubleDown Interactive

Market Cap: US$638.7m

Develops and publishes casual games and mobile applications in South Korea, the United States, the United Kingdom, Germany, and internationally.

Snail

Market Cap: US$25.5m

Develops and publishes interactive digital entertainment worldwide.

Paramount Skydance

Market Cap: US$11.6b

Operates as a media and entertainment company worldwide.

Kuaishou Technology

Market Cap: US$142.9b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Tripadvisor

Market Cap: US$1.2b

An online travel company, engages in the provision of travel guidance products and services worldwide.

Starz Entertainment

Market Cap: US$470.2m

Provides subscription video programming services to consumers in the United States and Canada.

GDEV

Market Cap: US$192.8m

Develops and publishes online games in the United States, Europe, Asia, and internationally.

Motorsport Games

Market Cap: US$18.1m

Develops and publishes racing video games for personal computers in the United States.

Nippon Television Holdings

Market Cap: US$730.7b

Operates as a media and content company in Japan.

Versant Media Group

Market Cap: US$5.4b

Engages in the media and entertainment business in the United States.

Gaia

Market Cap: US$37.1m

Operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally.

John Wiley & Sons

Market Cap: US$2.6b

A publisher, provides authoritative content and research intelligence for the advancement of scientific discovery, innovation, and learning in the United States, the United Kingdom, Germany, and internationally.

Grandstand

Market Cap: US$69.8m

Provides marketing and sports data services for the gambling industry in North America, the United Kingdom, Ireland, rest of Europe, and internationally.

Publicis Groupe

Market Cap: US$26.0b

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