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Last week in media: social media under fire, streaming services from WarnerMedia and Google detailed, Mediaset plans holding

2019-06-10 07:02:00| Telecompaper Headlines

(Telecompaper) All eyes were on the social networking segment in week 23. Apple, Amazon, Google (Alphabet) and Facebook were apparently subjected to oversight in the US, from either the FTC or the Department of Justice. Our consumer media index ended week 23 up 0.4 percent, lagging the S&P 500 (+4.4%). Snap, escaping the oversight speculation, was the week's winner, up 17 percent, followed closely by Spotify (+12%). The week's biggest losers were AMC Entertainment (-10%) and RTL (-8.5%).

Tags: services media social week

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