The media industry closed the day down 2.8%. Envoy Capital Group Inc ( ECGI), Charm Communications Inc ( CHRM), Dex One ( DEXO), and Spanish Broadcasting System Inc ( SBSA) were all winners today within the media industry with Liberty Media Corporation ( LCAPA) being today's featured media winner. Liberty Media Corporation rose 85 cents (1.1%) to $77.21 on average volume. Throughout the day, 539,770 shares of Liberty Media Corporation exchanged hands as compared to its average daily volume of 567,100 shares.

Liberty Capital Group engages in the live-action theatrical film production and distribution, home video distribution, live-action television production and distribution, and theatrical and non-theatrical animation businesses primarily in the United States. Liberty Media Corporation has a market cap of $5.5 billion and is part of the services sector. The company has a P/E ratio of 5.7, equal to the average media industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 19.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates Liberty Media as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, compelling growth in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins.

On the negative front, Inuvo Inc ( INUV), Entravision Communications Corporation ( EVC), Westwood One Inc ( WWON), and Noah Education Holdings ( NED) were all losers within the media industry with DIRECTV ( DTV) being today's media industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).