JPMorgan Bullish on Big Media Despite New Digital Threats

Barron’s: “Large-cap media and pure play content production companies are the best positioned among our coverage universe to succeed in the rapidly evolving distribution landscape of over-the-top content, potentially skinnier bundles, and growing international demand,” said JPMorgan. “While new consumer offerings pose a potential threat to the traditional cable bundle and any networks that lack ‘must have’ programming, we believe overall content demand globally is stronger than ever – with more buyers – creating a very favorable environment for the stronger media players.”