U.S. Media Potentially Undervalued Companies

TEGNA

Market Cap: US$2.5b

Operates as a journalism company in the United States.

Autohome

Market Cap: US$3.2b

Operates as an online destination for automobile consumers in the People’s Republic of China.

NetEase

Market Cap: US$484.0b

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

iQIYI

Market Cap: US$1.6b

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

Cineplex

Market Cap: US$548.0m

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

Comcast

Market Cap: US$127.5b

Operates as a media and technology company worldwide.

Zhihu

Market Cap: US$312.3m

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

DoubleDown Interactive

Market Cap: US$485.9m

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

Interpublic Group of Companies

Market Cap: US$9.2b

Provides advertising and marketing services worldwide.

Omnicom Group

Market Cap: US$14.9b

Offers advertising, marketing, and corporate communications services.

GameSquare Holdings

Market Cap: US$18.8m

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

Gambling.com Group

Market Cap: US$411.2m

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

Madison Square Garden Entertainment

Market Cap: US$1.4b

Through its subsidiaries, engages in live entertainment business.

Weibo

Market Cap: US$1.8b

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

Stagwell

Market Cap: US$1.4b

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.

Tencent Music Entertainment Group

Market Cap: US$19.4b

Operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People’s Republic of China.

Match Group

Market Cap: US$7.1b

Engages in the provision of digital technologies.

Taboola.com

Market Cap: US$911.6m

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

Nexstar Media Group

Market Cap: US$4.7b

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$356.9m

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

Travelzoo

Market Cap: US$134.2m

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

Thryv Holdings

Market Cap: US$493.6m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

TruGolf Holdings

Market Cap: US$6.9m

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.

Yalla Group

Market Cap: US$932.6m

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

System1

Market Cap: US$25.0m

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

Enthusiast Gaming Holdings

Market Cap: US$10.3m

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.

E.W. Scripps

Market Cap: US$192.5m

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

Dentsu Group

Market Cap: US$735.6b

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

Townsquare Media

Market Cap: US$112.4m

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

Baidu

Market Cap: US$28.4b

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

Ubisoft Entertainment

Market Cap: US$1.1b

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.

iHeartMedia

Market Cap: US$172.1m

Operates as an audio media company in the United States.

Sea

Market Cap: US$67.7b

Engages in the digital entertainment, e-commerce, and digital financial service businesses in Southeast Asia, Latin America, rest of Asia, and internationally.

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.

Eventbrite

Market Cap: US$197.8m

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

fuboTV

Market Cap: US$973.2m

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