How Are Media Stocks Doing?
We sporadically examine media stocks because it’s depressing but gives us an excuse to run the fun Monopoly guy image.
So, with the financial crisis upon us and all, how are they doing? Not well, according to our quick and totally incomplete survey.
News Corp: -0.56
Time Warner: -0.92
Gannett Co., Inc: -0.52
McClatchy Newspapers Inc: -0.18
(Bright spot!) The New York Times: -0.04
The list goes on. Maybe there’s a TV in the bar we can watch.
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