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Report bullish on big media's future


January 20, 2009 Media conglomerates were hammered Tuesday on Wall Street, along with the rest of the market, in a swoon that coincided with an 85-page report from Stanford Group that largely was bullish on big entertainment companies. The Stanford analysts also see opportunity in video games from the conglomerates. Among the stocks panned by Stanford were just about anything related to radio, with "sell" recommendations on Entercom Communications, Emmis Communications, Cox Radio and Cumulus Media.

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