Value is appearing in traditional media
Alex Leyland, Portfolio Manager at Leyland Asset Management believes in Australia that the real value can be found in sectors that are suffering such as traditional media. Value is appearing in this sector as investors move away from traditional media companies on the back of the digital disruption theme. “There is still value in free to air as long as they have the content”. In this video Leyland identifies one free to air provider that is maintaining its revenues while seeing an increase to NPAT and it has an annual dividend yield of 10% before franking credits.