The changing balance in the UK media industry

The UK TMT sector, and its remarkable bull run, has been a top performer for investors due in large part to the growth and dominance of mega-cap technology stocks.

While the FAANGs have dominated the market, parading their size, might and resources, we believe other sub-sectors in the UK media industry will benefit from structural changes in the market.  Vermeer's Rowsell: Why it is time to unfriend Facebook Distributed media companies, such as Google and Facebook, capitalise on other's content and data. To reach audiences of scale (the lifeblood of advertisers), small and medium-sized content publishers have allowed distributed media platforms to do this.  But the net effect has been a shift in value from owned to distributed media, from ...