Roku was a champ. Lionsgate surged and Netflix jumped. Tech shares went bananas in 2023. Big media stocks had a mixed year of transition dominated by Hollywood strikes with linear television declines and streaming losses.
Paramount fell. Disney and Fox were basically flat on the year. Giants Comcast and Sony, which both have other businesses like broadband or games and music, both had nice runs.
Warner Bros Discovery gained a bit. All are pushing for profitability in streaming and progress there will influence how the stocks perform in 2024.
Relatively speaking, 2023 was a real bonanza compared with a truly dismal 2022 when only two – that’s two – media stocks rose for the year: WWE (now part of TKO Group) and Nexstar.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.