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Coronavirus Panic Impact on Media Stocks

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Fears around the impact an outbreak of Coronavirus will have upon the U.S. economy saw record declines in the stock market beginning last week. The majority of companies operating in media, both bi…

Fears around the impact an outbreak of Coronavirus will have upon the U.S. economy saw record declines in the stock market beginning last week. The majority of companies operating in media, both big tech and traditional entertainment, felt the pain, with only Netflix entering March valued more than they were in February. The traditional entertainment [...

Offices in London, Paris and Gdynia, Poland, have been closed for the remainder of the week, with all staff working from home. The directive was communicated to staff via an internal memo circulated this [...]Elliot Grainge, founder and CEO of the Los Angeles-based independent record label 10K Projects, announced today the appointment of Danielle Price to the position of Senior Vice President Business and Legal Affairs at the label.

 

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