0
General

Last week in media: European broadcasters and ad agencies up, music shares down

Monday 22 April 2019 | 07:00 CET | News
Some of the biggest ad agencies, including Publicis (+9.3%) and Omnicom (+7.7%), led the media sector higher in week 16. Also, some of the heaviest constituents had a positive week, including Comcast (+2.7%), Netflix (+2.6%), Walt Disney (+1.8%) and Alphabet (+1.5%). The week's poorest performances were delivered by McClatchy (-13%) and Salem Media (-12%). Earnings season was kicked off by Omnicom, Vivendi and Netflix.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Alphabet / Amazon / AMC / AT&T / Comcast / Disney / Facebook / Hulu / ITV / Mediaset / Netflix / News Corp / Omnicom / ProSiebenSat.1 / Publicis / Spotify / Tencent Music / TF1 / TPG / Twitter / Vivendi
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Facebook developing its own AI assistant - report

Published 18 Apr 2019 11:28 CET | World
Facebook has been on the development of its own AI assistant since the start of the year, CNBC reported, citing sources familiar ...

Netflix revenues up 22% in Q1 after record subscriber growth

Published 17 Apr 2019 08:24 CET | World
Netflix reported revenues of USD 4.52 billion for the first quarter, showing a small slowdown in growth to 22.2 percent compared ...

Amazon looking to introduce free, ad-support music service - report

Published 16 Apr 2019 13:52 CET | World
Amazon is in talks to introduce a free, ad-supported music service, Billboard reported, citing sources. The service would be ...

Hulu buys back AT&T's 9.5% stake for USD 1.43 bln

Published 16 Apr 2019 09:04 CET | United States
AT&T has sold its 9.5 percent minority stake in Hulu back to the US online TV service for USD 1.43 billion. The transaction ...

EU clears directives on cross-border online TV, digital consumer protection

Published 15 Apr 2019 16:17 CET | Europe
The European Council has given its final approval to two more pieces of Digital Single Market legislation: the directive on ...

EU Council approves copyright reform, paving way for national laws

Published 15 Apr 2019 12:10 CET | Europe
The European Council has given the final approval to the reform of its copyright rules for online content. The move ...

Vivendi posts 5.7% organic revenue growth in Q1 helped by strong music sales

Published 15 Apr 2019 10:14 CET | World
Vivendi reported first quarter revenues of EUR 3.46 billion, up 5.7 percent year-on-year organically. While the organic growth ...