
While the entertainment industry has been under strain due to macroeconomic issues, its long-term prospects appear promising. However, I think it could be wise to add quality entertainment stock News Corporation (NWSA) today instead of The Walt Disney Company (DIS).
The entertainment industry is responding to changing customer preferences. Despite macroeconomic concerns, the sector’s growth prospects are positive, owing mainly to the growing use of digital technologies and increased demand for digital entertainment.