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Communications Services Up on Growth Hopes — Communications Services Roundup

Communications services companies rose amid hopes of a rebound in the media industry.

Illumination Entertainment's "Minions: The Rise of Gru" grossed $107 million domestically for the strongest animated-feature film opening since before the Covid-19 pandemic.

French music-streaming service Deezer fell in their first day of trading, a fresh sign of the difficult environment facing startups and loss-making companies.

Twitter filed a legal challenge against the Indian government's orders that the social-media company block some users' accounts and individual tweets.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

July 05, 2022 17:12 ET (21:12 GMT)

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