Disney Stock Downgraded

[Sarangel]

There are a couple of articles on CBS Marketwatch.com about Disney's stock being downgraded from 'recommended' lists. The primary concern seems to be that Ad revenue from ABC & other TV sources will be down.

Sarangel

 

[caveat lector]

Not a big surprise. Reduced ad rates are an industry wide problem. However, some networks were quicker than ABC to start discounting and rec'd a bigger chunk of the pie.

 

[ScroogesNephew]

It's been holding steady the last few trading days.