Disney lost nearly $20B in valuation in a single day, after reporting an $18M loss over its combined streaming services.
Disney stock dropped to $105.35 per share, losing 47.80% of its all time high value ($201.91).
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Can the streaming bubble please burst already?
Make Physical Media Great Again
Yes I know about the high seas. I want to support companies that treat customers right, when they show up.
The music streaming industry went through this 20 years ago. They learned nothing.