3 Media Stocks to Watch From a Prospering Industry
Briefly

The Zacks Media Conglomerates industry is thriving, fueled by a consumer pivot toward OTT content, prompting major players like Disney and Paramount Global to invest heavily in original programming.
As traditional broadcast television ratings decline and advertiser spending slackens due to inflation, media conglomerates are adapting their strategies to focus on cost-effective alternatives like skinny bundles.
Despite facing challenges of waning demand for home entertainment and cord-cutting trends, the industry continues to innovate and adapt, leveraging technologies to cater to changing consumer preferences.
The shift to OTT has opened doors for subscription price increments and burgeoning revenue streams, but this evolution reflects deeper challenges, including competition for audience attention and advertising dollars.
Read at Zacks Investment Research
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