TITLE

Biz Q3: seeing red, opportunity

AUTHOR(S)
Szalai, Georg
PUB. DATE
October 2008
SOURCE
Hollywood Reporter;10/1/2008, Vol. 406 Issue 39, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the multiyear low of the prices of the shares of media and entertainment conglomerates along with "The Hollywood Reporter" Showbiz 50 stock index in the third quarter of 2008 in the U.S. As of October 30, 2008, the shares of the media and entertainment conglomerates contributed to their accelerated business losses in the first half of the year. However, media analysts refuse to acknowledge that the industry hit the bottom level and contends that it will have opportunities.
ACCESSION #
35833525

 

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