The Zacks Analyst Blog Highlights: Cable One, Charter, Cumulus Media And Tegna
Zacks Investment Research | Dec 23, 2019 11:11PM ET
For Immediate Release
Chicago, IL –December 24, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Cable One (NYSE:CABO) , Charter Communications (NASDAQ:CHTR) , Cumulus Media (NASDAQ:CMLS) and Tegna Inc. (NYSE:TGNA) .
Here are highlights from Monday’s Analyst Blog:
4 Media Stocks that More than Doubled the S&P 500 in 2019
Media companies have witnessed a mixed year so far. Although lack of political ad spending hurt the top line, increased cord cutting and emergence of video streaming aided growth.
Moreover, media companies are gaining from rapid evolution of alternative distribution channels for broadcast and cable programming.
Growing preference for digital and subscription services over linear pay television and rental or outright purchase has compelled media companies to alter their business models.
Notably, traditional TV viewership continued to decline due to increased cord cutting and the emergence of video streaming. Original post
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