U.S. Media Potentially Undervalued Companies

Informa

Market Cap: US$10.4b

Operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, North America, China, and internationally.

TVhi Holdings

Market Cap: US$265.8b

Engages in television (TV) broadcasting business in Japan and internationally.

Verve Group

Market Cap: US$578.0m

A digital media company, engages in the provision of ad-software solutions in North America and Europe.

9F

Market Cap: US$15.8m

Provides digital technology services in the People’s Republic of China and Hong Kong.

IDW Media Holdings

Market Cap: US$7.6m

A diversified media company, engages in the publishing and television entertainment businesses worldwide.

Cumulus Media

Market Cap: US$2.3m

An audio-first media company, owns and operates radio stations in the United States.

Reading International

Market Cap: US$46.9m

Focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand.

MNTN

Market Cap: US$2.0b

A performance TV software company, provides performance advertising services in the United States.

Direct Digital Holdings

Market Cap: US$10.0m

Operates as an end-to-end full-service advertising and marketing platform.

Informa

Market Cap: US$10.2b

Operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, North America, China, and internationally.

Integral Ad Science Holding

Market Cap: US$1.3b

Operates as a digital advertising verification company in the United States, the United Kingdom, Ireland, France, Germany, Spain, Italy, Singapore, Australia, Japan, India, and the Nordics.

Cyfrowy Polsat

Market Cap: US$7.6b

Provides digital satellite platform and terrestrial television (TV), and telecommunication services primarily in Poland.

Ströer SE KGaA

Market Cap: US$2.9b

Provides out-of-home (OOH) media and digital out-of-home advertising services in Germany and internationally.

Grupo Televisa

Market Cap: US$21.0b

Owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and internationally.

EverQuote

Market Cap: US$841.0m

Operates an online marketplace for insurance shopping in the United States.

Advantage Solutions

Market Cap: US$402.1m

Provides business solutions to consumer packaged goods companies and retailers in North America, Asia Pacific, and Europe.

MediaAlpha

Market Cap: US$701.0m

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

comScore

Market Cap: US$23.9m

Operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms in the United States, Europe, Latin America, Canada, and internationally.

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.

Liberty Broadband

Market Cap: US$13.8b

Engages in a range of communications businesses in the United States.

AMC Entertainment Holdings

Market Cap: US$1.5b

Through its subsidiaries, engages in the theatrical exhibition business in the United States and Europe.