Global media execs outlined the challenges they see continuing in Europe at the UBS Global Media...


Global media execs outlined the challenges they see continuing in Europe at the UBS Global Media and Communications Conference. Time Warner (TWX) CEO Jeff Bewkes says Western Europe will be a headwind for the company, while Viacom (VIA) CEO Philippe Dauman warned on Southern Europe. Forecaster Adam Smith expects ad performance in Western Europe to be unchanged next year, a downward revision from a previous forecast which called for 2% growth.

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