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General

Last week in media: quarterly results and regulation hit internet majors and possibly streamers

Monday 29 July 2019 | 07:05 CET | News
Week 30 was a dramatic week for the global media sector. Quarterly results and regulation had large and widely diverging effects. The week's outliers were Snap (+28%) and the Modern Times Group (-16%). Snap investors are now enjoying a year-to-date gain of 225 percent. The Telecompaper Stock Index Global Media was up an impressive 4.9 percent for the week, well ahead of the S&P 500 (+1.7%).

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Categories: General
Companies: Alphabet / AT&T / Comcast / Disney / Facebook / Google / ITV / M6 / Mediaset / Modern Times Group / Naspers / ProSieben / Snap / Telecompaper / TF1 / TV Azteca / Twitter / Universal Music / Viacom / Vivendi
Countries: World
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