3Q Media Earnings Not Affected by Economy

摘要

Media Companies starting with Cablevision Systems this week begin reporting their earnings for the third quarter, and analysts are expecting a better performance than either the economy or stock market would suggest.While concerns about economic conditions and debt levels have roiled Wall Street, revenue for media companies seems to have remained strong. This is particularly true of advertising revenue, which appears to have been robust in the third quarter and looks to remain solid at least in the fourth quarter.