According to a report by Ernst and Young, China, India, Russia and Mexico are the top emerging markets for online media companies.
While the U.S. still has the highest earning potential for both online media and entertainment companies, broadband connections in the emerging markets by 2016 is expected to be two billion, reported TechCrunch.
China makes it to the top emerging market for online media companies and is expected to have 500 million wireless broadband connections by 2016.
India is not expected to generate much online advertising revenue in the near-term, especially in comparison with other emerging markets, said the report.