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| subject: | Re: Writers` strike could happen soon |
In article ,
SLerman wrote:
>On Oct 4, 6:45 pm, Kurt Ullman wrote:
>> In article ,
>> "John W. Kennedy" wrote:
>>
>> None are pure plays that I think of. 20th Century Fox is part of
>> News Corp. CBS and Paramount are joined together. Warner Brothers is
>> part of Time Warner (w/ or w/o AOL this week). Disney is owned by Disney
>> but they also have ABC and the theme parks. There are few independents
>> any more and even fewer publicly traded.
>
>Disney (DIS), Time Warner (TWX), CBS (CBS), and News Corp. (NWS) are
>all publicly traded on the New York Stock Exchange.
Yes, as John just noted. But his point was that the film/TV
studios are just a portion of those companies. ("None are pure
plays.") One can't buy or sell stock in the studios separately.
And more to the point, the companies can play games with internal
accounting as to which divisions earned how much.
Patty
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