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Last week in media: a soft start to 2020 and nearly matching the S&P 500 in 2019

2020-01-14 11:41:00| Telecompaper Headlines

(Telecompaper) The media sector has been relatively quiet in 2020, so far. Time for a look back at 2019. The sector, as per the Telecompaper Global Media index, did almost as well as the S&P 500 index. The absolute winner in our basket was Snap, up almost threefold. McClatchy was the worst stock to own in 2019, down 94 percent. Further, in most segments performances diverged widely. Gaming, social networking, VOD and conglomerates were exceptions, with most shares in those segments doing (very) well last year. The theatre segment stayed behind.

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