U.S. Media Potentially Undervalued Companies

TEGNA

Market Cap: US$2.6b

Operates as a journalism company in the United States.

Comcast

Market Cap: US$126.6b

Operates as a media and technology company worldwide.

DoubleDown Interactive

Market Cap: US$485.6m

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

Omnicom Group

Market Cap: US$14.6b

Offers advertising, marketing, and corporate communications services.

Gambling.com Group

Market Cap: US$454.9m

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

GameSquare Holdings

Market Cap: US$29.1m

Operates as a vertically integrated, digital media, entertainment, and technology company.

Weibo

Market Cap: US$2.0b

Through its subsidiaries, operates as a social media platform for people to create, discover, and distribute content in the People’s Republic of China.

Taboola.com

Market Cap: US$1.0b

Operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally.

Stagwell

Market Cap: US$1.5b

Provides digital transformation, performance media and data, consumer insights and strategy, and creativity and communications services in the United States, the United Kingdom, and internationally.

Enthusiast Gaming Holdings

Market Cap: US$8.8m

An integrated gaming entertainment company, engages in media and content, esports and entertainment, and subscription businesses in the United States, Canada, England and Wales, and internationally.

Nexstar Media Group

Market Cap: US$4.6b

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.

Yalla Group

Market Cap: US$1.2b

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

iQIYI

Market Cap: US$1.8b

Through its subsidiaries, provides online entertainment video services in the People’s Republic of China.

Travelzoo

Market Cap: US$149.8m

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

Gray Media

Market Cap: US$381.3m

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

TruGolf Holdings

Market Cap: US$9.8m

Through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States.

System1

Market Cap: US$30.3m

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

E.W. Scripps

Market Cap: US$182.1m

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$147.0m

Operates as an audio media company in the United States.

WPP

Market Cap: US$6.0b

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.

Ubisoft Entertainment

Market Cap: US$1.3b

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally.

Dentsu Group

Market Cap: US$777.5b

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

Baidu

Market Cap: US$31.2b

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

Fox

Market Cap: US$21.5b

Operates as a news, sports, and entertainment company in the United States (U.S.).

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 and mixed reality headsets, augmented reality, and wearables worldwide.

Cineplex

Market Cap: US$594.9m

Operates as an entertainment and media company in Canada and internationally.

fuboTV

Market Cap: US$1.0b

Operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally.

Eventbrite

Market Cap: US$198.7m

Operates a two-sided marketplace that provides self-service ticketing and marketing tools for event creators in the United States and internationally.

Zhihu

Market Cap: US$333.0m

Operates an online content community in the People’s Republic of China.

Kuaishou Technology

Market Cap: US$216.5b

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

Lions Gate Entertainment

Market Cap: US$1.9b

Engages in the film, television, subscription, and location-based entertainment businesses in the United States, Canada, and internationally.

Havas

Market Cap: US$1.4b

Operates as a communications and marketing company that provides end to end services across industry value chain.

Paramount Global

Market Cap: US$8.3b

Operates as a media, streaming, and entertainment company worldwide.

Kuaishou Technology

Market Cap: US$216.5b

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

Corus Entertainment

Market Cap: US$19.9m

A media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally.

Warner Bros. Discovery

Market Cap: US$21.3b

Operates as a media and entertainment company worldwide.