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Media stocks slip alongside updates from Disney, Comcast

Media stocks are moving lower alongside a decline in Disney ( DIS -3.9%) spurred by Bob Iger's comments about a late-2019 launch of its streaming service and expectations for profits in line with last year .

Fellow big-four broadcaster Comcast (NASDAQ: CMCSA ), owner of NBCUniversal, is down 6.4% after giving its own investor-conference warning of declining video subscribers.

CBS , meanwhile, has turned down 3.8%, and Twenty-First Century Fox ( FOX -3.9%, FOXA -4.1%) is down as well.

Viacom ( VIA -2.2%, VIAB -4.2%) is lower and Discovery Communications (NASDAQ: DISCA ) is off 3%; AMC Networks (NASDAQ: AMCX ) has slipped 2.9%.

Bucking the media decline: Time Warner (NYSE: TWX ), up 0.1%.

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Media stocks slip alongside updates from Disney, Comcast


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