Media May Be Stabilizing, Investor Says

Mar 20, 2009  •  Post A Comment

Thomas H. Lee Partners managing director Richard Bressler said his company’s portfolio of businesses, which include Univision and Nielsen Co., have seen some stabilization in the last month, Broadcasting & Cable reports. “For the last month or so, it hasn’t gotten worse. That doesn’t mean it isn’t still bad, and it’s still down year on year. It appears to have stabilized, but it could be a false bottom,” he said at the McGraw-Hill media summit, the publication says.
—Aimee Picchi

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