FTSE 350 Review 2019 

FTSE 350: More M&A for media stocks?

FTSE 350: More M&A for media stocks?

The ‘M’ in M&A might have stood for ‘Media’ in 2018. Indeed, acquisitions constituted a key strategy for some of the largest global players in this sector. In the US, against a backdrop of intense competition from streaming giants Netflix (US:NFLX) and Amazon (US:AMZN), Walt Disney (US:DIS) won the bidding war for the media assets of 21st Century Fox. Meanwhile, Comcast (US:CMCSA) eventually snapped up Sky for £30bn – hence the latter’s absence from this year’s FTSE 350 review.

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