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Media Stocks Take a Dive

Oct 10, 2008  •  Post A Comment

Stock for every major media and entertainment company fell to their lowest numbers in at least a year on Thursday due to the current economic crisis, MarketWatch reports. Among the companies seeing declines are Time Warner Inc., which hit a five-year low, News Corp., CBS Corp., Sony and General Electric, the Web site says. Cable company stocks and newspapers were also hit hard, the Web site notes.
—Vlada Gelman

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