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General

Last week in media: games stocks still under pressure, most broadcasters up

Tuesday 26 February 2019 | 12:50 CET | News
Games manufacturers pressured the global media sector last week. Electronic Arts was down 10 percent, Activision Blizzard lost 7.5 percent and Take-Two Interactive 6.7 percent on ongoing worries over Fortnite, produced by Epic Games (unlisted). They were also hit by China freezing game approvals. Two French broadcasters, TF1 (+23%) and M6 (+15%) led the winners. All in all, the Telecompaper Stock Index Global Media gained 0.7 percent in week 8, slightly outperforming the Dow Jones Industrials (+0.6%).

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Categories: General
Companies: Alphabet / AMC / Comcast / Electronic Arts / M6 / Mediaset / Modern Times Group / Netflix / Nielsen / Nova / Snap / Sony / Spotify / Telecom Italia / Telefonica / Tencent / TF1 / Vivendi / Zee Entertainment
Countries: World
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