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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.

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Categories: General
Companies: Alphabet / AT&T / Disney / Electronic Arts / Google / IAC / Lebara / M6 / Naspers / ProSieben / RTL Group / Spotify / Zee Entertainment
Countries: World
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