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ALTERNATIVE MEDIA KILLS MAINSTREAM MEDIA (GLP). - HERE IS THE PROOF ... KEEP UP THE GREAT WORK !!!!!!
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[quote:Anonymous Coward 11352633:MV8xNTU4OTkwXzQxMDI5MTUzX0RGQkE3Q0ZF] VERY TRUE. [/quote]
Original Message
News Corp.’s Lost $7B Shows Investor Concern
News Corp. (NWSA)’s loss of $7 billion in market value over four trading days shows investor concerns that a probe into alleged phone hacking by journalists at one London newspaper could have a broader impact on the company.
Rupert Murdoch’s New York-based media company tumbled $1.27, or 7.6 percent, to $15.48 in Nasdaq Stock Market trading yesterday, the biggest drop since April 2009. It was the fourth straight decline in the company’s closing price, cutting its market value by 15 percent to $41.2 billion.
[
link to www.bloomberg.com
]
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