Media of course is a very wide concept as many TV broadcasters are included here as well as publishers of books and magazines. You will also run into some companies that are active in producing music and movies. All in all this media ETF is a bit of a hodgepodge.
Music and movies are a reasonable stable market but paper-printing definitely is a declining industry. Television on the other hand still has some growth potential in Europe, certainly if one is able to tap into the large market of paid content broadcasting.
That being said I do not regard this media ETF as one with a considerable growth path ahead of it. Especially in Europe growth forecasts are a bit modest.
Publishers of printed media are holding on to their once profitable assets but they forgot to develop a smart internet strategy which will be devastating to some players.
Lyxor STOXX Europe 600 Media UCITS ETF
This media ETF from Lyxor is tracking the STOXX Europe 600 Media Net Return index. In total this media ETF includes 28 companies.
The largest company is Reed Elsevier with a 14% share. Then Vivendi follows with a 12% share. Third is WPP with a share of 11%.
Looking at the country spread the UK is dominating this market sector with a 35% share. Secondly we will find France with a 25% share and The Netherlands come in third with a share of 11% in this media ETF. Looking at the currency spread the British Pound and Euro are evenly balanced here.
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Lyxor STOXX Europe 600 Media UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
Exchange: Euronext Parijs
This Lyxor STOXX Europe 600 Media UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.