Michael Murray: A divided board, but INM is doing some things right
Traditional media is a parlous place to be in terms of investment, but Independent News & Media has the balance sheet to weather challenging times
There are some things that Independent News & Media are getting right. Media companies come in many forms but even at current near rock-bottom share prices it is hard to be persuaded that traditional media is the place to be in the stock market as the Independent Group’s results last week showed.
One of the problems many stock market investors perceive in media companies is that the motives of big individual investors in media...
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