Last week in media: Naspers nearing split, Mediaset moving forward with business combination

Last week in media: Naspers nearing split, Mediaset moving forward with business combination

(Telecompaper) Last week, Naspers took the next step toward listing its Prosus unit in Amsterdam, while Mediaset moved forward with its plan to combine its Italian and Spanish businesses. Walt Disney succeeded in offloading its last remaining sports network. The TPSI Global Media index ended week 35 up 2.9 percent, in step with the S&P 500’s 2.8 percent gain. Year to date, the media sector maintained its lead over the general market, with a gain of 18.3 percent, ahead of 16.7 percent for the S&P 500.
ldjpqpam_aatconsult

Comments are closed.