Market Currents
The secret to the success for a number of multimedia stocks is that firms see revenue off of...
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Tuesday, September 18, 2012, 11:05 AM ETThe secret to the success for a number of multimedia stocks is that firms see revenue off of reliable cable and satellite fees with Europe only an afterthought, according to analyst Frank Byrt. Despite all the consternation over cord-cutting and disruptive business models, the sector outperformed broad market indexes YTD as sales kept churning right along. Sector names to watch: DISCA, TWX, SNI, TWC, CMCSA.
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