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Last week in media: US regulators take aim at social networking, Pearson hurt by digitalisation

2019-09-30 07:00:00| Telecompaper Headlines

(Telecompaper) It was the week of the Emmy Awards, last week, leaving HBO the biggest winner. Regulatory interventions put considerable pressure on the social networking stocks in our Global Media index. All social networking stocks were down, including heavyweight Facebook. The TPSI Global Media ended week 39 with a loss of 2.8 percent, underperforming the S&P 500, which lost 1.5 percent. The biggest losers included comScore and Pearson. McClatchy was the biggest winner, up 7.5 percent.

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