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› Last week in media: investors weigh in on Netflix's Q3, while Walt Disney and WarnerMedia move ahead with competitors
Last week in media: investors weigh in on Netflix's Q3, while Walt Disney and WarnerMedia move ahead with competitors
2019-10-21 07:02:00| Telecompaper Headlines
(Telecompaper) The Telecompaper Stock Index Global Media ended week 42 up 1.2 percent, beating the S&P 500 (+0.5%). Broadcasters in the US (Meredith, +7.3%), the UK (ITV, +6.3%) and Australia (Seven West, +5.5%) led our basket. Lions Gate and comScore (-11% both) closed the ranks. Netflix (-2.7% for the week) presented rather strong quarterly results. Investors initially responded positively, but by the end of the week the stock was down 2.7 percent from the week before.
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