CNN The Lead With Jake Tapper August 20, 2015 20:02:00
Investors overall see that coming down the pipe in september, so that again weighing on the market. now, on the microfront, several industries were taking a beating. you mentioned tech being one of them. media also got hit hard, disney, the darling of the media industry got hit hard, 5% down today. that is because investors are reevaluating the entire category, perhaps even more beloved than disney, netflix got hit as well, down about 7%, and this is all tied to the fact that the reality of subscribers moving from an ad-based revenue model to a more fee-generating revenue model, all of that wi...
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