0
General

Last week in media: Naspers down as Prosus is listed, AT&T under fire from Elliott, Facebook and Google under investigation

Monday 16 September 2019 | 07:01 CET | News
Last week, Naspers listed its consumer internet unit Prosus in Amsterdam. Walt Disney unexpectedly launched its much anticipated Disney+ service in a single country, the Netherlands, for a free trial until the official launch date in November. Naspers, as a result of the partial spin-off of Prosus, lost 30 percent in week 37. Other than that, IAC was the biggest loser, down 7.1 percent. The winners included Salem Media (+22%), comScore (+16%) and ProSieben (+15%). Our Global Media index was up 0.5 percent for the week, against a gain of 1.0 percent for the S&P 500 index.

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 / AT&T / Disney / Electronic Arts / Google / IAC / Lebara / M6 / Naspers / ProSieben / RTL Group / Spotify / Zee Entertainment
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

Google to pay EUR 1 bln in tax settlement with French authorities

Published 13 Sep 2019 09:32 CET | France
Google reached an agreement in France on a long-running dispute with the country's tax authorities, which had led to a raid by ...

Spotify buys SoundBetter marketplace for audio professionals

Published 12 Sep 2019 13:29 CET | World
Spotify has bought SoundBetter, a marketplace for audio professionals creating sounding content. The company, started in 2012, ...

Disney+ launches early in Netherlands with free trial period

Published 12 Sep 2019 11:10 CET | Netherlands
Disney has launched its new subscription VoD service Disney+ already in the Netherlands. The company is offering a free trial ...

AT&T sees pay-TV customer losses increasing by 300,000 in Q3

Published 12 Sep 2019 09:13 CET | United States
AT&T said it expects to lose more pay-TV subscribers in the third quarter, due to tough negotiations over new distribution ...

Prosus shares jump 30 percent in Amsterdam listing

Published 11 Sep 2019 10:32 CET | World
Naspers has listed its internet holding company Prosus on the Amsterdam stock market, and the shares rose an initial 30 percent ...

Elliott Management calls for turnaround plan at AT&T

Published 09 Sep 2019 15:41 CET | United States
The activist investor Elliott Management has launched a call for a strategic rethink at AT&T, saying it has a plan to turnaround ...

NENT announces Icelandic launch for Viaplay in H1 2020

Published 09 Sep 2019 12:31 CET | Iceland
Nordic Entertainment Group (NENT) said it will launch its Viaplay streaming service in Iceland in the first half of 2020, thereby ...

US states attorneys to launch Facebook and Google antitrust probes

Published 09 Sep 2019 08:35 CET | United States
Top state law-enforcement officials across the United States are formally opening antitrust investigations into Facebook and ...