Atlas Capital's Felpeto Says Prisa Ad Forecast Is Positive
Susana Felpeto, an analyst at Atlas Capital in Madrid, comments on the outlook for Spanish media stocks after Promotora de Informaciones SA (PRS) forecast advertising revenue would grow this year. She spoke in Spanish in an interview on Bloomberg Television.
``Media stocks are being hurt as consumer demand slows in Spain. There are concerns about a possible drop in the advertising market. The fact that Prisa has pledged to boost ad sales this year is positive for the industry.''
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