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HEARD ON THE STREET
OCTOBER 6, 2008

Disney's Magic Is Starting to Wear Thin

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Walt Disney Co. has been the Magic Kingdom for media investors lately. It may be time for a reality check.

While rivals CBS Corp., Viacom Inc., Time Warner Inc. and News Corp. (parent of The Wall Street Journal) have lost 25%-50% of their value since January, Disney is down a gentle 7%. ...

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