Hollywood Stocks In 2021: Netflix Extends Gains, Disney and Discovery Drop
BY GEORG SZALAI, ETAN VLESSING | HollywoodReporter.Com Troy Warren for CNT #Business ViacomCBS and Roku slumped, Imax and Comcast were down slightly while Sony and Lionsgate saw share prices jump year-over-year. Coronavirus vaccines, variants and new waves of infection, global supply chain issues, Reddit-powered meme stocks, mergers and acquisitions, plus streaming hopes and fears were some of the ingredients that made 2021 another year of volatility for stocks, including those of audio entertainment companies and shares of Hollywood giants. But while the broader stock market is on track to end the year significantly higher, just like it did in 2020, the media and entertainment sector…
