Because ratings were down in a high-single digit level, concerns are about the up-front advertising market, which may be soft, perhaps more for ABC than others. I think analysts have gotten nervous.
More Quotes from Jeffrey Logsdon:
The economics of filmmaking have not improved over the last few years, ... Obviously the more revenue streams the merrier. The problem is it doesn't take talent very long to tap into that.Jeffrey Logsdon
The biggest criticism against Disney is that it hasn't used strategic acquisitions to leverage franchises,
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The filmed entertainment business has just gotten tough,
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There are just under 4 million shares short right now, so there's some pain out there for somebody.
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It could be a major coup for Disney to re-enliven their animation franchises.
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