Media shares are generally exposed to the cycle of the economy, as advertising budgets are usually the first expense to get cut at the slightest hint of a downturn.
The pandemic has shown, however, that those companies that have diversified content across the digital platforms are the ones who are more resilient. The sector has also seen a lot of mergers and acquisitions over the last few years.
Here, we’ll take a look at 4 ASX media shares that have done particularly well in 2020.
|Company||1-year share price performance||Current share price||Click here to view the original article. |
You might also like ...