Hello, Welcome to the Smark Market Insights Show on Kalkine TV, I’m Holly and today we will be
shining some light on ASX media & entertainment stocks to explore in 2022. So lets get started.
The media & entertainment industry has been making significant strides and registering
strong consumer demand. For the year ahead, related space players, including digital and
print, are expected to prosper and grow as they successfully keep people connected and aware,
even amid the pandemic times. In today’s show, we will look at a few of the leading
players of the sector that may carry through major developments in 2022. Have a read!
First up. Seven West Media.
One of Australia’s most prominent media companies, Seven West Media holds a leading position in the
market of content production across broadcast television, publishing and digital. The Company
hosts several media businesses, including Seven Network and its affiliate channels 7two, 7mate,
7flix; broadcast video on demand platform 7plus; 7NEWS.com.au; The West Australian; and The Sunday
Times. One of the most recent development moves by the ASX-listed media major is the completion
of acquisition of all the business and related assets of Prime Media Group. The transaction was
wrapped up through the acquisition of Prime Television, Seven Affiliate Sales along with
their subsidiaries. The two businesses became one after a very successful partnership for several
years to emerge as Australia’s leading commercial premium broadcast, video, and news network. Let us
look at its stock information – Seven West Media has a market capitalisation of AU$1.04 billion.
In the last one-year period, the stock has delivered an excellent return of over 91%.
Moving to the next Southern Cross Media Group.
One of Australia’s leading media space players, Southern Cross Media has a reach
among 95% of the Australian population through its radio, television, and digital assets.
Around 92 free-to-air TV signals are broadcast by SCA across the country,
reaching 4.4 million Aussies per week. The Company hosts Network 10 programming
as well as advertising representation across the country. For the year ahead,
the Company has listed several key priorities. Southern Cross Media aims to further mature and
ingrain the Digital Audio First operating model across all its 65 offices and the many communities
it serves. In order to expand radio audiences, Southern Cross Media will remain laser focused
on the improvement of high-value economic formats to increase ratings and revenue. Lets now look at
its Stock information – The Company has a market capitalisation of AU$483.51 million.
Southern Cross Media stock has delivered a negative return of over 20% in the last one year.
And last stock we have is SkyCity Entertainment Group
The Group hosts a massive chain of 18 restaurants, 15 bars, 3 hotels and 5 casinos spanning across
different locations worldwide. With its key strategic pillars of operational excellence,
portfolio optimisation, completion of major projects, and pursuance of
omnichannel opportunities, SkyCity aims to achieve several business, character and culture goals
during the ongoing fiscal year 2022. Among the priorities, SkyCity is looking forward
to optimise the SkyCity Adelaide expansion and integration of the new assets. SKC will
also explore new product verticals, such as Bingo and Poker, in 2022 as an omnichannel opportunity.
Looking at its Stock information – The stock has delivered a negative return of over 5%
in the last one year. SkyCity has a market capitalisation of AU$2.07 billion.
Well, that’s all for now we will be back again with exclusive Smart Market Insights show. Till
then keep watching Kalkine TV for the latest market updates and insights.