Old Media Stocks Are Losing The War To New Media [CHARTS]Guest Post
Author -- George Trager, Financial Markets Enthusiast, Editor of investbrain.net
An interesting contrast that became starker than ever in the last week is the divergence of fortunes between the “Old Media” companies (Disney, Time Warner, Viacom) and “New Media” companies (Google and Facebook). Each of these companies has now reported fourth quarter results for 2015 and given guidance for 2016 and the results and market reactions could not be starker. Facebook reported remarkable results on January 27, with their core advertising business accelerating sequentially and year over year despite the fact that . . .
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