Business
4 of the best-performing ASX media shares in 2020 – Motley Fool Australia
ASX media shares have had a volatile 2020. Here’s a look at 4 shares that managed to perform well overall.
ASX media shares have had a volatile year in 2020, having plunged to their lows during the height of the pandemic in March, followed by a strong recovery in the second half of the year.
Media shares are generally exposed to the cycle of the economy, as advertising budgets are usually the first expense to get cut at the slightest hint of a downturn.
The pandemic has shown, however, that those companies that have diversified content across the digital platforms are the ones who are more resilient….
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