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› Last week in media: Naspers nearing its split, Mediaset moving forward with its business combination
Last week in media: Naspers nearing its split, Mediaset moving forward with its business combination
2019-09-02 07:01:00| Telecompaper Headlines
(Telecompaper) Last week, Naspers took the next step toward listing its Prosus unit in Amsterdam, while Mediaset is moving forward with its desire to combine its Italian and Spanish businesses. Walt Disney succeeded in offloading its last remaining sports network. The TPSI Global Media index ended week 35 up 2.9 percent, in step with the S&P 500's 2.8 percent gain. Year to date, the media sector maintained its lead over the general market, with a gain of 18.3 percent, ahead of 16.7 percent for the S&P 500.
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