Global Media Undervalued based on future growth

Liberty Broadband

Market Cap: US$11.1b

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

Shandong Publishing&MediaLtd

Market Cap: CN¥18.0b

Engages in the publication of textbooks and supplementary materials, general books, periodicals, electronic audio-visual products, and digital products in China.

Chinese Universe Publishing and Media Group

Market Cap: CN¥15.0b

Chinese Universe Publishing and Media Group Co., Ltd.

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.

iQIYI

Market Cap: US$1.8b

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

Arabian Contracting Services

Market Cap: ر.س6.5b

Engages in printing business in Saudi Arabia.

ProSiebenSat.1 Media

Market Cap: €1.4b

Operates as a media company in Germany, Austria, Switzerland, the United States, and internationally.

Ziff Davis

Market Cap: US$1.3b

Operates as a digital media and internet company in the United States and internationally.

Newborn Town

Market Cap: HK$9.9b

An investment holding company, engages in the social networking business worldwide.

Verve Group

Market Cap: €603.1m

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

NetDragon Websoft Holdings

Market Cap: HK$5.3b

Provides online and mobile games the People’s Republic of China, the United States, the United Kingdom, and internationally.

Nusantara Sejahtera Raya

Market Cap: Rp10.8t

Engages in the movie screening, restaurants; other management consulting activities; and venue rental; and organizing MICE activities and special events in Indonesia.

NEXON Games

Market Cap: ₩877.0b

Operates as a game developer in South Korea and internationally.

Zhejiang Meorient Commerce Exhibition

Market Cap: CN¥4.4b

Zhejiang Meorient Commerce Exhibition Inc.

Shutterstock

Market Cap: US$589.4m

Provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally.

Scholastic

Market Cap: US$462.2m

Scholastic Corporation publishes and distributes children’s books worldwide.

Gambling.com Group

Market Cap: US$446.7m

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

GA technologies

Market Cap: JP¥58.2b

Operates a real estate brokerage platform.

GMA Network

Market Cap: ₱21.5b

Engages in radio and television broadcasting businesses in the Philippines and internationally.

Next 15 Group

Market Cap: UK£253.1m

Provides communications services in the United Kingdom, Europe, Africa, the United States, and the Asia Pacific.

Reach

Market Cap: UK£245.1m

Operates as commercial news publisher in the United Kingdom, rest of Europe, and internationally.

Devsisters

Market Cap: ₩424.5b

Engages in the development of mobile games in South Korea and internationally.

Macbee Planet

Market Cap: JP¥39.5b

Operates in analytics consulting and marketing technology businesses in Japan.

Webzen

Market Cap: ₩386.9b

A game company, engages in the PC, online, and mobile gaming business worldwide.

M&C Saatchi

Market Cap: UK£190.3m

Provides advertising and marketing communications services in the United Kingdom, Europe, the Middle East, the Asia Pacific, and the Americas.

Seoul Broadcasting System

Market Cap: ₩355.8b

Engages in the broadcasting, cultural service, and advertising businesses in South Korea and internationally.

Tongdao Liepin Group

Market Cap: HK$1.9b

An investment holding company, provides talent acquisition services in the People’s Republic of China.

PT. Media Nusantara Citra

Market Cap: Rp3.5t

Operates as an integrated media company in Indonesia.

SKY Network Television

Market Cap: NZ$337.3m

An entertainment company, provides sport and entertainment media services, and telecommunications services in New Zealand and internationally.

GDEV

Market Cap: US$196.9m

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

Jagran Prakashan

Market Cap: ₹16.0b

Engages in the printing and publication of newspapers and magazines in India.

IMAGICA GROUP

Market Cap: JP¥24.1b

Provides visual communication worldwide.

Gaming Realms

Market Cap: UK£114.2m

Develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle of Man, Malta, Gibraltar, and internationally.

Travelzoo

Market Cap: US$147.4m

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

Geniee

Market Cap: JP¥18.5b

Engages in the internet advertising business in Japan and internationally.

STV Group

Market Cap: UK£74.5m

Produces and broadcasts television programs in the United Kingdom.