Communications-services companies rose amid anticipation for more deal activity in the sector.

A major advertising forecaster, WPP Media, said global trade disruptions and economic deglobalization have led it to cut ad revenue growth expectations for 2025 to 6%, excluding U.S. political spending, from its December prediction of 7.7%.

SAG-Aftra members who work in the videogaming industry have reached a tentative deal with top game makers that would end their monthslong strike.

Creditors of Warner Bros. Discovery are consulting with advisers after the entertainment company proposed to ban investor cooperation pacts as part of its plan to split in two.


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

(END) Dow Jones Newswires

06-10-25 1753ET