Satellite radio and online media perk up the sector

Online advertising is challenging traditional stocks across the entertainment sector, offering growt...

Online advertising is challenging traditional stocks across the entertainment sector, offering growth potential in a yet untapped market. Meanwhile, managers are looking to satellite radio for strong future returns. Simon Clinch, director of US equities at F&C Asset Management, holds a cautious position towards the media sector as he sees it as an area of limited growth. There is so much capacity and choice in the sector, he says, and it is often difficult to monitor returns due to the saturation of advertising. However, Clinch is bullish on its online advertising aspect. He identifies a...