This could be a good year for media.
ADVERTISEMENT
MORGAN STANLEY: Media stocks could soar 25% in 2017
Lower distribution fees, more advertising and potential corporate tax reforms led the team to upgrade media to an "attractive" rating.
ADVERTISEMENT
The industry has been struggling of late as customers increasingly looked to online streaming services like Netflix and Amazon and advertisers followed the demand.
This is set to change, however, as
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT