137.47 +0.23 (0.17%)
After hours: 4:25PM EDT
|Bid||137.23 x 800|
|Ask||137.36 x 900|
|Day's Range||134.85 - 138.88|
|52 Week Range||97.68 - 138.88|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||18.80|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||1.76 (1.59%)|
|1y Target Est||135.13|
Disney vs. Comcast. CNBC reports the media giants are set to meet to discuss stake in streaming service Hulu. Estimize Founder & CEO Leigh Drogen joins Yahoo Finance's Adam Shapiro, Julie Hyman, Andy Serwer, and Jessica Smith to discuss.
The NFL Draft will be a big boon to host city Nashville, but on the broadcast side it's big for Disney—the first time ABC is airing all three rounds.
This self-proclaimed "proud daughter of immigrants" was a key player in helping the air hub grow to be Florida's busiest, as well as the 11th busiest in the nation.
Disney looks set to break more box office records when its "Avengers: Endgame" Marvel superhero movie opens this weekend. Meanwhile, shares hit fresh highs on reports the company is in talks to take full ownership of Hulu.
What Should and What Shouldn’t Worry Twitter's Investors(Continued from Prior Part)Ad spending on Twitter jumped 18% Advertisers keep spending more on Twitter (TWTR) despite the company’s tiny audience size. Twitter exited the first quarter with
About 14% of Netflix Inc. subscribers, equal to 8.7 million people, are considering dropping the streaming service in favor of the coming $6.99-a-month offering from Disney Co., at a cost to Netflix of about $117 million in lost revenue a month, a new survey has found.
The Philadelphia telco giant is working out the pros and cons of such a deal, including whether the venture would be worth more now or later.
(Reuters) - Comcast Corp is in talks to sell its stake in Hulu to Walt Disney Co, CNBC reported on Thursday, citing people familiar with the matter. The report comes 10 days after Hulu bought back wireless ...
Both companies share ownership of Hulu, a video-streaming platform akin to Netflix. Disney is the majority owner and Comcast has a 30 percent stake. CNBC reported on Thursday that Comcast is considering selling that stake to Disney and that the two have held talks, but it’s not a sure thing yet. Working out a deal is a crucial step for Disney CEO Bob Iger in rounding out his streaming strategy. With full control of Hulu, the company could offer it together with the Disney+ and ESPN+ apps at a discount to customers who want all three.
Ticket sales reached more than $107 million in China alone, setting a record for single-day box office.
Disney emerged as 60 percent owner of Hulu in March when it acquired the entertainment assets of 21st Century Fox Inc. for $71 billion. The Burbank, California-based entertainment giant increased its stake last week when Hulu agreed to buy out minority investor AT&T Inc. That deal valued Comcast’s stake in the service at $4.5 billion or more.
More than $40 million in tourist development tax grants was approved for several projects in Central Florida that should help draw some tourists to the area. Orange County's commission approved — via two separate votes — upgrades to local arts and science projects including funding $30 million combined for a new Holocaust Memorial Resource & Education Center facility, finishing out the Orlando Philharmonic Orchestra's future downtown home, and upgrades at the Orlando Science Center. The tax revenue is used to fund tourism-related needs, including marketing the region and making capital improvements to the Orange County Convention Center and other community venues such as Camping World Stadium.
to purchase the cable giant's 30% stake in streaming service Hulu. CNBC is reporting that the two companies are in talks with Comcast weighing the pros and cons of parting with the asset now vs. later. Hulu was a joint venture at its inception with Disney, Comcast and Twenty-First Century Fox each holding a 30% stake in the company.
Comcast is weighing a number of factors with regard to a sale, including valuation, using sale proceeds to pay down debt and support the dividend, and future controls over Hulu. Comcast CMCSA has had a frustrating run as a partial owner of video streaming platform Hulu, but that doesn't make the decision to sell its minority stake in the company any easier. Disney DIS and Comcast are holding talks about working out a deal for Comcast's 30% stake, according to people familiar with the matter.
Netflix Updates: Price Hike, Cash Reserve, Facebook Board(Continued from Prior Part)Hastings not standing for re-electionNetflix (NFLX) chief executive Reed Hastings will not stand for re-election to Facebook’s (FB) board of directors next month.
Netflix Aspires to New Records in 2019(Continued from Prior Part)Instant hitsNetflix (NFLX) this month highlighted how its various new titles have been received by its subscribers, portraying a picture of a company that has become a master at
Virgin Trains USA, formerly known as Brightline, closed out on a bond offering of $1.75 billion on April 18 that will fund the expansion of its South Florida passenger rail service to Orlando. Similar potential here could give the airport a chance to pursue future destinations and more carriers, which would boost the amount of business and tourism travelers.
ASSOCIATED PRESS PHILADELPHIA (AP) — Comcast (CMCSA) kept shedding cable customers and adding home internet customers in its most recent quarter. Traditional TV providers are losing customers at an increasing rate while streaming companies pop up seemingly every few weeks .
A 1.2-gigabyte torrent of "Avengers: Endgame" recorded in a Chinese theater has found its way online. Disney has kept the film shrouded in so much secrecy that even journalists and critics weren't permitted to see the film ahead of its premiere. Despite attempts to prevent pirated versions of "Avengers: Endgame" from reaching fans ahead of the film's release, a 1.2-gigabyte torrent of the movie recorded in a Chinese theater has found its way online.