The lingering economic downturn was bound to take its toll on the entertainment and media industry at some point and today news arrived that Disney's net income has dropped 32%. The loss has sent Mickey into a drug fueled crime spree that threatens to ruin the family friendly reputation that the empire has managed to build over the last 100 years. Time Warner is reporting a $16B loss, but there's no telling of a like downfall for Ted Turner. Somewhere Jane Fonda is laughing, just not at "Georgia Rule".
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