What, on earth, has happened to the media companies’ stocks and market caps?
In early summer 2007, we looked at media companies to determine who was the king of digital media and then used the multiples and figures from each of the publicly traded companies to forecast the value of NBC…
Yesterday Marketwatch ran a piece on how much media stocks have fallen off their highs. You can’t blame them for not trying, though.
I decided to compare values to see what has happened in the past 18 months and folks, it’s a disaster:
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