Media remains under threat from Brexit

Investment bank Exane/BNPP, in a major report, tells investors that Europe’s ‘Media’ sector was one of the “worst performing sectors” last year, underperforming the market by 11 per cent, and following on a 7 per cent underperformance in 2016. Some of the downward re-ratings were “brutal” says equity analysts at the bank, and that ‘Brexit’ could create fresh headaches for many UK-based players.

Source: Media remains under threat from Brexit

Advertisements