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General

Last week in media: the video market was 'hot' but couldn't prevent a sell-off

Monday 27 May 2019 | 07:01 CET | News
The video market was in focus last week, and all aspects of it. Our media index was down 2.1 percent, underperforming the S&P 500, which lost 1.2 percent. Adevinta, recently spun off from Norwegian Schibsted, was the week's winner after gaining 14 percent, apparently without significant news. The heavyweights Alphabet (-2.5%) and Facebook (-2.3%) led most stocks lower, leading to a dismal performance for the week.

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Categories: General
Companies: Alphabet / AMC / Apple / Disney / Facebook / Mediaset / Netflix / ProSieben / Schibsted / Sinclair Broadcast Group / Snap / Snapchat / TDC / Telmore / Universal Music / Vivendi / WPP / YouTube
Countries: World
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