1 Media Stock to Buy Now and Another to Sell

The media industry is undergoing a remarkable transformation fueled by the digitization of content and continuous technological advancements. These factors are driving growth and compelling, significant changes within the realm of media and entertainment.

However, while Lee Enterprises, Incorporated (LEE) could be an ideal buy, fundamentally weak BuzzFeed, Inc. (BZFD) might be best avoided.

Publishers and broadcasters are embracing this evolution and actively exploring novel avenues for generating revenue, focusing on leveraging digital subscriptions and online advertisements.

As a result, the industry is projected to experience substantial expansion, with the market expected to reach an impressive $825 billion by 2023, surpassing the $717 billion mark recorded in 2019, according to a comprehensive report by PwC.

Additionally, the future looks bright for broadcast stations and…



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