Media Industry’s Free Cash Flow Facade 

The media giants aren’t exactly in a great place right now, with the writers and actors strikes casting a major shadow over the group. Unflattering descriptors such as “greedy” and, most recently, “monopolistic predators” have been used for the world’s largest entertainment conglomerates in recent weeks.

While the creative community marches on the picket lines, the media giants have been working hard to get on the good side of the analyst and investor communities. And nothing gets Wall Street analysts and investors going like when companies drop buzzwords like “profit” and “free cash flow.” Even though media earnings weren’t exactly blowout quality in Q2, execs made sure to strike an optimistic tone and focus on the positive.

Source: Media Industry’s Free Cash Flow Facade  – Variety