Disney Shares Drop Almost 50%, Destroying Shareholders

Long-term Walt Disney Company stockholders are furious.

Its stock is dropped 45 percent in the last year and even more since its peak in November.

Since then, Disney's market worth has dropped by more than $150 billion.

For many years, Disney was the envy of the multimedia business.

It outperformed the performance of other industry titans 

like as Time Warner, Fox, Paramount, and CBS under previous CEO Bob Iger. 

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