|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||109.84 - 111.09|
|52 Week Range||96.20 - 116.10|
|PE Ratio (TTM)||19.44|
|Forward Dividend & Yield||1.68 (1.52%)|
|1y Target Est||N/A|
Netflix Inc. is scheduled to report fourth-quarter earnings after the bell on Monday, and analysts will likely scour the books for any insight into how its most recent price increases have impacted growth....
AT&T (T.N), owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner (TWX.N), their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday. The Justice Department sued in November to stop AT&T, the No. 2 U.S. wireless company, from buying Time Warner for $85 billion because of concerns that it could raise prices for rivals and pay-TV subscribers as well as hamper the development of online video. Daniel Petrocelli, who represents AT&T and Time Warner, said that his team had been unable to get data requested from third parties, who had said they no longer had some of it.
A retired senior executive at The Walt Disney Co. has joined the board of directors of CenterState Bank Corp. and its subsidiary CenterState Bank. Jody Dreyer, who worked at Disney (DIS) for 30 years, is the first woman to serve on the board of CenterState (CSFL) since 2011.
Streaming services such as Netflix Inc. (NFLX), Amazon.com Inc. (AMZN), Hulu — a joint venture among The Walt Disney Co. (DIS), 21st Century Fox (NASDAQ: FOXA, FOX), Comcast (CMCSA)-owned NBCUniversal and Time Warner Inc. (TWX) — and others have transformed the entertainment landscape. As Amazon heads to the Sundance Film Festival today, the streaming service may not be as active on the acquisitions front as it has been in past years. Amazon Studios is transitioning away from the independent fare that has established the company as a film distributor toward more commercial projects.
Netflix: What Can We Expect for 4Q17 Results? Leading Internet entertainment operator Netflix (NFLX) estimates that its operating margin in 4Q17 will be 7.3% against 6.2% in 4Q16 and 7% in 3Q17. Continuing growth in paid memberships in the US and international markets has encouraged the company to set bullish operating margin guidance.
Netflix: What Can We Expect for 4Q17 Results? In order to expand its original content portfolio, the leading video streaming operator Netflix (NFLX) continues to step up its investment in content. From the graph above, we can see that Netflix continues to maintain negative free cash flow in the last five quarters.
Rupert Murdoch, the billionaire whose family controls Twenty-First Century Fox (FOX)(FOXA) and News Corp. (NWSA), is believed to have persuaded Bob Iger to stay on as Walt Disney’s (DIS) chief executive. In December, the Murdoch family agreed to sell most of Fox’s operations, valued at $52.4 billion, to Disney. The deal also involves Disney absorbing Fox’s debt to the tune of $13.7 billion, the Wall Street Journal reported.
Bob Iger, the chief executive of Disney (DIS), has had several retirement dates scheduled—but none have come to pass so far. In March 2017, Disney, which is preparing to acquire significant parts of Twenty-First Century Fox (FOX)(FOXA), extended Iger’s retirement date by a year—the third time Iger’s reign at Disney was extended. The March extension meant that Iger would retire in July 2019, the year Disney is expected to stop serving its content on Netflix’s (NFLX) platform and instead launch its own online streaming video service to compete with Netflix and Amazon (AMZN).
After Walt Disney’s (DIS) chief executive, Bob Iger, suggested during an interview with Bloomberg that the company may include Twenty-First Century Fox (FOX)(FOXA) contracts in its programming withdrawal from Netflix (NFLX), Netflix responded by suggesting that it was prepared for what may follow. A story carried by USA Today quoted a Netflix spokesperson as saying, “TV series always come and go on Netflix.
It certainly doesn’t seem like Apple Inc. (NASDAQ:AAPL) needed any more good news. AAPL stock already trades at an all-time high. Another 9% gain in AAPL stock will make the company the first ever to be valued at a trillion dollars.
Amazon, Verizon and a possibly reunited CBS-Viacom are all in active talks to acquire Lionsgate, according to a Deadline report Thursday.
Twitter Inc (NYSE:TWTR) has been roaring higher after a strong end to 2017. TWTR stock is up 60% from its lows in August. While a buyout from Walt Disney Co (NYSE:DIS) is seemingly off the table thanks to its M&A deal with Twenty-First Century Fox Inc (NASDAQ:FOX, NASDAQ:FOXA), other suitors are still there.
On the heels of Twitch's exec shakeup yesterday which saw the Amazon-owned streaming site adding a new COO, the company today announced a multi-year partnership with Disney Digital Network to bring several top creators to its site.
There have been some very interesting changes brewing at Walt Disney Co (NYSE:DIS), and I believe they all foretell good things for DIS stock. First and foremost, ESPN President John Skipper resigned in late December. ESPN has been a disaster for some time, shedding subscribers like a repeatedly molting amphibian.
Last year ended with Walt Disney (DIS) saying it would stop serving its content on Netflix’s (NFLX) platform beginning in 2019. Although Netflix has been investing in the production of its own movies and shows, a lot of its programming is still licensed from Hollywood studios controlled by companies such as Disney and Twenty-First Century Fox (FOX)(FOXA). Now Fox is selling its film production business to Disney, meaning that Netflix would be looking to Disney properties for more of its licensed content if the Disney-Fox deal goes through.
It must have been one long, remote vacation if you’re just now hearing about Walt Disney Co (NYSE:DIS) buying Twenty-First Century Fox Inc (NASDAQ:FOX, NASDAQ:FOXA) for more than $52 billion. Whether or not you were aware of the deal, you may be wondering if now’s the time to buy DIS stock. Disney has a lot of long-term opportunity, in my opinion, and that starts with Fox.
Hulu described 2017 as a banner year. The milestones the company said it attained the year included growing its US (SPY) customer base by more than 40% and surpassing $1.0 billion in advertising revenues. It said the number of its episodes at the end of 2017 was more than twice the number of episodes in the libraries of its main rivals, Netflix (NFLX) and Amazon (AMZN).