Shift to Internet Advertising Could Be Hurting Media ETFs
September 26, 2008 at 15:00 PM EDT
There seem to be few sectors and exchange traded funds (ETFs) that have managed to remain immune from the economic downturn. The latest is your local NBC affiliate. NBC Universal CEO Jeff Zucker says the downturn has had a “profound” effect on local television stations, but that so far, there hasn’t been a slowdown on the [...]