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Media stocks are a tricky investment. While legacy media stocks like Paramount Global (NASDAQ
ARA) were once dominant, their waning influence makes their former blue-chip status increasingly untenable. Even their successors, like satellite radioâs SiriusXM (NASDAQ:SIRI) canât quite keep up with wider market trends. At the same time, the most popular media stocks like Netflix (NASDAQ:NFLX) face ramping competition and an ever-narrowing moat.
Still, looking toward what trends are shapi...
>>> Read more: 3 Up-and-Coming Media Stocks Set to Shake Up the Sector
ARA) were once dominant, their waning influence makes their former blue-chip status increasingly untenable. Even their successors, like satellite radioâs SiriusXM (NASDAQ:SIRI) canât quite keep up with wider market trends. At the same time, the most popular media stocks like Netflix (NASDAQ:NFLX) face ramping competition and an ever-narrowing moat.Still, looking toward what trends are shapi...
>>> Read more: 3 Up-and-Coming Media Stocks Set to Shake Up the Sector
