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