Transforming Network Infrastructure Industry News

TMCNet:  Traditional players have little hope

[February 03, 2013]

Traditional players have little hope

Feb 03, 2013 (The Australian Financial Review - ABIX via COMTEX) -- REA Group, Foxtel and News Corporation will be among the first media companies to release their earnings results in the week to 8 February 2013. Foxtel is expected to release subdued subscriber growth figures, but analysts said investors will focus on trading updates and revenue trends. UBS Global Asset Management portfolio manager Jakov Males said the media sector will continue to struggle in the long-term.

Publication Date: 4 February 2013 REA GROUP LIMITED - ASX REA FOXTEL MANAGEMENT PTY LTD NEWS LIMITED NEWS CORPORATION - ASX NWS UBS GLOBAL ASSET MANAGEMENT (AUSTRALIA) LIMITED TELSTRA CORPORATION LIMITED - ASX TLS BT INVESTMENT MANAGEMENT LIMITED - ASX BTT SEVEN WEST MEDIA LIMITED - ASX SWM PACIFIC MAGAZINES PTY LTD YAHOO!7 COMMUNICATIONS AUSTRALIA PTY LTD NINE ENTERTAINMENT COMPANY PTY LTD FAIRFAX MEDIA LIMITED - ASX FXJ APN NEWS AND MEDIA LIMITED - ASX APN TEN NETWORK HOLDINGS LIMITED - ASX TEN GOLDMAN SACHS AUSTRALIA PTY LTD SEEK LIMITED - ASX SEK

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