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› Last week in media: quarterly results and regulation hitting the internet majors and possibly the streamers
Last week in media: quarterly results and regulation hitting the internet majors and possibly the streamers
2019-07-29 07:05:00| Telecompaper Headlines
(Telecompaper) Week 30 was a dramatic week for the global media sector. Quarterly results and regulation had large and widely diverging impacts. The week's outliers were Snap (+28%) and the Modern Times Group (-16%). Snap investors are now enjoying a year-to-date gain of 225 percent. The Telecompaper Stock Index Global Media was up an impressive 4.9 percent for the week, far ahead of the S&P 500 (+1.7%).
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Category:Telecommunications