Disney buys Playdom for $763M.
Disney sells Miramax for $660M.
So Playdom is worth more than Miramax (makers of Shakespeare in Love, Pulp Fiction, etc)?
Maybe its the old foggey in me but is the possible virtual goods are worth more than good movies? Sigh. Am I not acknowledging today's entertainment reality, or does this smell like kneejerk acquisition/overvaluation of new media?
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