Mediamageddon – If ESPN Dies, We All Die!
August 09, 2015 at 16:39 PM EDT
Last week the S&P Media Index lost 8.3 percent in just three days. During that time, shares of Viacom lost 20 percent, 21CF (Fox) and Discovery Networks lost 11 percent, Disney took a 9 percent hit, and even CBS dropped 6 percent.