This theme covers companies that gather, publish and broadcast news. It includes national and local newspaper publishers, cable news networks, local TV station groups, news wire and information services, and radio broadcasters. Revenue comes from subscriptions, advertising, fees from cable and satellite distributors, and content licensing. Many publishers are shifting from print to digital subscriptions, and local broadcasters rely partly on political advertising. Many companies here are smaller and more volatile than large media conglomerates.
Note: This Public Theme is based on data from one or more third-party data providers. This Theme is provided for informational purposes only by Public Holdings, Inc., and is not investment advice or an investment recommendation. You should not buy or sell anything included in this Public Theme without first determining it is appropriate for your portfolio or investment strategy. Investors should consider the investment objectives and unique risk profile of an Exchange Traded Product (“ETP”) and read the ETP’s prospectus carefully before investing.