Did Malone set a fire under media stocks?

|By:, SA News Editor

Media stocks outperform the broad market with comments from Liberty Media's (LMCA +2.5%) John Malone on the monetization possibilities in the industry not hurting the festive mood one little bit.

If Malone is to be believed, new forms of content distribution will lead to riches across the sector.

Advancers: Time Warner Cable (TWC) +5.6%, Charter Communications (CHTR) +3.9%, CenturyLink (CTL) +3.3%, CBS (CBS) +3.9%, Netflix (NFLX) +5.5%.

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Related ETFS: PBS