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Communications Services Down, But Not By Much, As Netflix Holds Most Gains -- Communications Services Roundup

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07/07/2020 | 05:24pm EDT

Communications services companies fell, but not by as much as the broad market, as investors bet that fears of Covid-19 will stoke demand for home-media consumption. Shares of ubiquitous streaming service Netflix fell slightly, but remained on the cusp of all-time highs.

Former New York Times journalist Dana Canedy is about to become publisher of Simon & Schuster's flagship imprint, taking over the ViacomCBS house with several high-profile books in the pipeline, and succeeding the recently promoted Jonathan Karp.

 

Write to Rob Curran at rob.curran@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
NETFLIX, INC. 1.83% 475.47 Delayed Quote.44.31%
THE NEW YORK TIMES COMPANY -0.14% 43.48 Delayed Quote.38.33%
VIACOMCBS INC. -1.02% 26.24 Delayed Quote.-36.84%
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