Global Media Price disconnect

Tencent Holdings

Market Cap: HK$4.2t

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

Match Group

Market Cap: US$8.2b

Provides digital technologies in the United States and internationally.

Giant Network Group

Market Cap: CN¥48.5b

Research, develops, operates, and sells online games in China and internationally.

Nippon Television Holdings

Market Cap: JP¥690.8b

Operates as a media and content company in Japan.

Springer Nature KGaA

Market Cap: €3.7b

Engages in the publishing business in Germany, the United Kingdom, the United States, and internationally.

Kingsoft

Market Cap: HK$29.7b

Engages in the entertainment and office software and services businesses in Mainland China, Hong Kong, and internationally.

G-bits Network Technology (Xiamen)

Market Cap: CN¥24.0b

G-bits Network Technology (Xiamen) Co., Ltd.

NetEase Cloud Music

Market Cap: HK$25.2b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

XD

Market Cap: HK$25.1b

An investment holding company, develops, publishes, operates, and distributes mobile and web games in Mainland China and internationally.

Lagardere

Market Cap: €2.6b

Engages in content publishing, production, and broadcasting of media, entertainment, and the distribution of products and services in France, the United Kingdom, the United States, Canada, Spain, Latin America, and internationally.

CarGurus

Market Cap: US$2.6b

Operates an online automotive platform for buying and selling vehicles in the United States and internationally.

Hakuhodo DY Holdings

Market Cap: JP¥406.2b

Provides advertising and marketing services in Japan and internationally.

Hacksaw

Market Cap: SEK 23.5b

Operates as a B2B technology platform and game development company in Sweden and Czech Republic.

John Wiley & Sons

Market Cap: US$2.3b

A publisher, provides authoritative content, data-driven insights, and knowledge services for the advancement of science, innovation, and learning in the United States, China, the United Kingdom, Japan, Australia, and internationally.

Netmarble

Market Cap: ₩3.4t

Develops and publishes PC, mobile, and console games in South Korea and internationally.

Magnite

Market Cap: US$2.1b

Operates an independent omni-channel sell-side advertising platform in the United States and internationally.

Central China Land MediaLTD

Market Cap: CN¥13.8b

Engages in the editing, production, and marketing of publications in China.

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.

Havas

Market Cap: €1.6b

Provides communications and marketing services in France, the United Kingdom, rest of Europe, North America, Latin America, the Asia-Pacific, and Africa.

Southern Publishing and MediaLtd

Market Cap: CN¥10.4b

Operates as a publishing company in China.

Newborn Town

Market Cap: HK$11.4b

Operates as a social networking entertainment company worldwide.

Corporación Interamericana de Entretenimiento. de

Market Cap: Mex$24.1b

Corporación Interamericana de Entretenimiento, S.A.B.

Taboola.com

Market Cap: US$1.3b

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

Cheil Worldwide

Market Cap: ₩1.9t

Provides various marketing and advertising solutions worldwide.

ANYCOLOR

Market Cap: JP¥169.5b

Operates as an entertainment company in Japan and internationally.

Nine Entertainment Holdings

Market Cap: AU$1.5b

Engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia.

ZoomInfo Technologies

Market Cap: US$1.0b

Provides go-to-market intelligence and engagement platform for sales, marketing, operations, and recruiting professionals in the United States and internationally.

GMO internet

Market Cap: JP¥148.8b

Engages in internet infrastructure business in Japan.

Scholastic

Market Cap: US$910.1m

Scholastic Corporation, together with its subsidiaries, publishes and distributes children’s books in the United States and internationally.

Yalla Group

Market Cap: US$857.8m

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

Storytel

Market Cap: SEK 7.6b

Engages in the audiobook and publishing market in Sweden, Denmark, the United States, Finland, the Netherlands, Poland, Iceland, and internationally.

Time Publishing and Media

Market Cap: CN¥5.0b

Time Publishing and Media Co., Ltd. publishes various books and periodicals in China.

EverQuote

Market Cap: US$672.1m

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

TV TOKYO Holdings

Market Cap: JP¥96.3b

Operates as a broadcasting holding company in Japan.

MediaAlpha

Market Cap: US$553.7m

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

Innocean Worldwide

Market Cap: ₩810.0b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.