Tapping into the couch potato market

Tapping into the couch potato market - at Moneyweek.co.uk - the best of the week's international financial media.

The summer is often a miserable time for the stockmarket. The old city adage "Sell in May and go away" holds good more often than not. But this year, it won't just be stock brokers and investors who will need cheering up: with interest rates and taxes likely to rise and house prices and real wages likely to fall, the entire country is going to be in need of distraction as the summer progresses. And a lot of people might end up turning to computer games to relax, something that gives investors just one more reason to look at entertainment companies across the globe.

Home entertainment is a huge market, says The Guardian. In the UK there are more than 32 million people online at home; 16 million of them shop online and 12 million bank online. These are people who spend at least as much time online as they do listening to the radio and twice as much time online as they spend reading. This is not a fact that has escaped the news and entertainment businesses: companies such as The New York Times and Dow Jones are starting to acquire some sizeable online assets, aiming to move into the "sweet spot" of the traditional media online by providing both news and entertainment via broadband internet.

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