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Last week in media: Disney+ launches, McClatchy in liquidity crisis, comScore recovers

2019-11-18 07:01:00| Telecompaper Headlines

(Telecompaper) Walt Disney's launch of Disney+, even though in just three countries, was last weeks biggest news. A shock announcement came out of newspaper group McClatchy. It reported an acute liquidity challenge, causing the stock to drop 82 percent in week 46 (in week 45 it was among the strongest performers, up 12%). ComScore once again performed well, up 18 percent. Earlier worries over its viability are disappearing and the stock is now back at levels last seen in July. It more than doubled since September. The Telecompaper Global Media index was up 1.1 percent over week 46, narrowly beating the S&P 500 (+0.9%).

Tags: media week disney crisis


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