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Tariffs, recession fears cast pall over US media earnings
//media-entertainment.news-articles.net/content/ .. sion-fears-cast-pall-over-us-media-earnings.html
Published in Media and Entertainment on Sunday, April 20th 2025 at 9:45 GMT by Reuters
Published in Media and Entertainment on Sunday, April 20th 2025 at 9:45 GMT by Reuters
Wall Street analysts offered a gloomy view of the first quarter for much of Hollywood, warning that economic uncertainty caused by President Donald Trump's erratic tariff plans has undermined consumer confidence and heightened fears of a recession. The threat of an economic downturn would take a toll on an industry dependent on discretionary spending, squeezing TV advertising sales and theme park attendance, and spurring streaming service cancellations. MoffettNathanson analysts estimate a reces
Read the Full Reuters Article at:
[ https://www.aol.com/news/tariffs-recession-fears-cast-pall-100431131.html ]
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