SMG was one of the best performers among media shares yesterday, ahead of the release of its financial results today. Shares rose 4˝p over the course of the day to end at £1.44.
Another strong performer was BSkyB, despite the continuing uncertainty regarding how the future of digital TV in the UK will be. Shares ended up 26p at £8.10. Meanwhile, shares in Emap rose 2p to £8.19 after an ugrade from Goldman Sachs.
The closing prices of media company shares yesterday were:
