Tuesday, September 16, 2008

media stock investment plans

Here are the three companies I would like to invest in:

Thomson Reuters

I want to invest in this company just because they bought over one of the worlds most trusted news agencies - Reuters. Thomson Reuters is currently the world's largest international multimedia news agency, on video, mobile, and interactive television platforms. It would be interesting to see what the company is going to do after this merger.

In April 2008, The Thomson Corporation bought over Reuters Group for nearly 16 billion dollars. In the first week of September, JP Morgan named Thomson Reuters as a top pick in the European publishing sector. According to Forbes Magazine, Thomson-Reuters is the largest entity in the financial data area with approximately 34 per cent of the market share. Bloomberg, a privately held information service, has 33 per cent of the market with about 20 other firms splitting the rest of the market.

Warner Music Group

The company went public in May 2005, and operates through two businesses: Recorded Music and Music Publishing. Its Recorded Music catalog includes albums including The Eagles and Led Zeppelin IV. Its Music Publishing business holds more than one million copyrights.

The company announced today a series of corporate management appointments, effective immediately, to further drive progress on the company's strategy to identify and exploit growth opportunities in the evolving global music business.

News Corporation

News Corporation is a diversified global media company with operations in several media industry segments including television, cable network programming, newspapers and book publishing. The company is operational in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin.

The company recently acquired MySpace, one of the fastest-growing entertainment sites with 15.5 million unique visitors in May, according to comScore Networks. That's up from one million in June 2004.

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