A report from investment bank Jefferies says that it is “cautious” on Australia’s overall media sector.

“Visibility is poor, linear TV would continue to show weakness, and while Broadcaster Video-on-Demand (BVoD) will provide an offset, content costs are rising. OML Media is our top pick in the sector as it is recovering to pre-Covid levels,” says Jefferies.

Source: Bank: Australia linear TV “shows weakness”