ANALYSIS: Activists Will Target Communications Companies in 2023

Nov. 30, 2022, 4:33 PM UTC

Investor activists have been busy this year launching campaigns to address supply chain disruptions and international conflicts. And while that activity will likely continue, the communications sector is the area to watch for investor activism activity for the remainder of the year and into 2023, in part due to changes brewing in the sector.

Investors have launched 48 campaigns against communications companies so far this year, including Netflix Inc., Pinterest Inc., and Buzzfeed Inc., according to Bloomberg data.

This year’s counts already surpass counts from three of the last five years, but 2022 is far from ...

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