|Bid||140.30 x 1100|
|Ask||140.40 x 1200|
|Day's Range||139.51 - 140.74|
|52 Week Range||100.35 - 143.51|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||15.71|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||1.76 (1.26%)|
|1y Target Est||151.43|
, will be removing The Office from Netflix at the end of 2020 (when an existing deal ends) and putting it on an ad-supported NBC streaming service that launches next year. The service will reportedly be free to subscribers of traditional pay-TV services, provided an agreement is reached with a particular pay-TV provider, and (though it seems unlikely that many cord-cutters will take up this offer) will be available for $10 per month to cord-cutters.
The media giant is paying a Netflix price for reruns of "The Office," but it doesn't have Netflix's audience.
The Walt Disney Company (DIS) Board of Directors today announced a semi-annual cash dividend of $0.88 per share, payable on July 25, 2019 to shareholders of record at the close of business on July 8, 2019. “We are pleased to deliver another substantial dividend to shareholders, reflecting our strong performance in the first half of fiscal 2019,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company.
The Walt Disney Company (NYSE:DIS), a large-cap worth US$252b, comes to mind for investors seeking a strong and...
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as The Walt...
On June 25, reports stated that Disney hired Netflix’s (NFLX) director of original film, Matt Brodie, to lead the international content development for its upcoming streaming platform, Disney+.
M&A deals are usually ignored, or sometimes even openly mocked, but it can lead to an earnings and revenue renaissance. Did you spot these?
Netflix lost a top executive to Walt Disney Co (NYSE: DIS), CNBC reported. Matt Brodlie, Netflix's director of original film, will join Disney's streaming business as senior vice president of international content development. Brodlie oversaw original Netflix films like "Ibiza" and acquired other films for the streaming business, including "Roma." His responsibilities at Disney will include evaluating what content should be produced or bought for consumers outside of the U.S.
Read the beginning of this article here. At the end of Q1 2019, the first two positions in KG Funds Management’s portfolio have remained without any changes in shares held compared to the last quarter of 2018. The biggest position at the end of Q1 2019 was Visa Inc. (NYSE:V), a multinational corporation based in Foster […]
Walt Disney Co said on Tuesday it had hired a top executive in Netflix Inc's original film division, Matt Brodlie, to lead international content development for its upcoming family-oriented streaming service called Disney+. In his new role at Disney, Brodlie will determine what content needs to be produced or acquired for Disney+ customers outside of the United States, according to a statement from the company.
Disney’s forthcoming streaming service has added Matt Brodlie as senior vice president of international content development.
Walt Disney Co has hired the head of Netflix Inc's original film division, Matt Brodlie, for its streaming service Disney+, according to a report by Deadline on Tuesday. Brodlie will join Disney+ as senior vice president of international content development, the report https://deadline.com/2019/06/disney-netflix-matt-brodlie-streaming-disney-1202631723 said. For years, Netflix has been luring away high-profile executives from rivals and was earlier sued by Twentieth Century Fox Film Corp for poaching employees.
(Bloomberg) -- Roku Inc. shares fell on Tuesday, with the stock retreating further from record levels in what analysts said was a reaction to the company’s massive year-to-date advance.The stock dropped as much as 6.6% in what was on track to be its fourth straight decline, its longest losing streak since a six-day decline in April. Roku, a platform for video-streaming services, has lost about 12% over the four-day slump.Even with the recent losses, the stock is up nearly 250% from a December low, and it hit record levels last week.“There are plenty of examples of high-growth companies that are well positioned in popular sectors, where investors get ahead of themselves,” said Tom Forte, an analyst at D.A. Davidson who has a buy rating on the stock.“Roku is in a very favorable position, where it can exploit the large investments being made by participants in the video category -- not just Netflix, but also Amazon, Apple and Disney,” he told Bloomberg in a phone interview. “As video ad revenue gravitates to where the eyeballs are, to [over-the-top] services and away from legacy, linear television, I think it has the ability to grow into its valuation.”Roku’s stock has long been in a tug-of-war between its high levels of growth and a valuation that analysts often see as excessive. The stock can be extremely volatile, moving more than 20% following each of its past four quarterly results.Roku’s second-quarter results are estimated to come out on August 7, according to data compiled by Bloomberg. Currently, analysts expect it to report revenue growth of more than 40%, a pace that’s expected to continue in the subsequent quarter, and then stay above 30% for the next two quarters.This growth is seen as fueled by the company’s continued popularity with consumers at a time when streaming video has become a dominant part of the entertainment landscape. According to a Citi analysis of over-the-top services, the Roku Channel was the seventh most popular channel in May, up from ninth place in April.“The market clearly believes Roku has nearly unlimited growth potential,” wrote Wedbush analyst Michael Pachter in a report dated June 24.He added that while the company had built “an exceptional platform” and “has positioned itself as best in class for OTT advertising,” these factors were “fully priced in” the share price.Wedbush has a neutral rating on Roku, but on Monday boosted its price target to $105 from $65.To contact the reporter on this story: Ryan Vlastelica in New York at email@example.comTo contact the editors responsible for this story: Catherine Larkin at firstname.lastname@example.org, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Walt Disney Co said it will release a revised version of megahit "Avengers: Endgame" on Friday that includes a previously deleted scene, a move that could propel the Marvel superhero movie to the all-time box office record. "Endgame" has hauled in an estimated $2.75 billion at global box offices since its April release, just $38 million shy of 2009 sci-fi blockbuster "Avatar" on the list of the highest-grossing movies in history, according to website Box Office Mojo. The updated "Endgame" will include the deleted scene plus a new introduction by co-director Anthony Russo, Disney said in a statement on Tuesday.
Pixar Animation Studios and Walt Disney Animation Studios are gearing up for an exciting weekend of announcements and presentations—sharing never-before-seen footage—plus interactive displays, artist autograph signings, sharable photo opportunities, and giveaways for 2019’s D23 Expo in Anaheim, California.
The home video release of "Captain Marvel" illustrates why a third player may be the ultimate victor in the battle between the streaming market leader and Disney+ later this year.
The director of the investment arm of Indonesian media group Media Nusantara Citra (MNC) said on Tuesday the group was in talks with Walt Disney Co on a possible investment by the U.S. media conglomerate, but the group's owner Hary Tanoesoedibjo denied talks were taking place. MNC Investama Director Darma Putra said at an event organized by MNC that Disney was interested in investing in one of the group's affiliates.
In the first quarter of 2019, streaming platform Hulu added 3.8 million subscribers in the US, more than twice as many as Netflix's (NFLX) 1.74 million. Hulu’s subscriber base has now increased to 28 million, up from ~25 million in January 2019.
Taxing the richest of the rich will benefit all Americans, a group of the wealthiest Americans says in an open letter to the 2020 presidential candidates. In a Medium blog post published Sunday, the group of 18 ultra-rich individuals — including George Soros, Facebook Inc. (FB) co-founder Chris Hughes, heiress Abigail Disney and Molly Munger (the daughter of Berkshire Hathaway’s (BRK) Charlie) — argue that taxing the richest 1/10 of the richest 1% of Americans is not only fair, it’s vital. “This revenue could substantially fund the cost of smart investments in our future, like clean energy innovation to mitigate climate change, universal child care, student loan debt relief, infrastructure modernization, tax credits for low-income families, public health solutions, and other vital needs,” the group wrote.
(Bloomberg Opinion) -- Way back in 1979, the evolutionary biologist Stephen Jay Gould made a case that cuteness is not an arbitrary notion, but a measurable trait that can make people feel protective and nurturing. Scientists have since measured the trait – and even identified how dogs use special facial muscles to make themselves “cute.” Understanding this shouldn’t make us love cute animals any less, but it could motivate us to love the not-so-cute ones more.Gould’s “Biological Homage to Mickey Mouse” showed that in response to public pressure, the Disney icon gradually developed fatter limbs, a more domed forehead and bigger eyes – all traits suggestive of human babies. Such features in adult humans and other animals – a phenomenon called neoteny – can coax strong emotions from us. Just look at how we baby our dogs.While they are so closely related to wolves that the species can still interbreed, dogs are cute in ways wolves are not. This month, scientists showed that it’s not just babylike features, but also expressions, that distinguish dogs from wolves. Dogs but not wolves appear to have muscles that allow them to raise their eyebrows, widening their eyes to suggest sadness, or sweetness.What makes this finding all the more extraordinary is that the trait may not have been the work of active domestication by humans, but of evolution, as one branch of wolves diverged from its brethren to start cooperating with humanity.Penn State University researcher Pat Shipman has pointed out that when modern humans and Neanderthals both lived in Europe some 40,000 years ago, they were anatomically very similar, and both branches of humanity used similarly complex tools. Both had tamed fire, but only the modern humans had begun cooperating with dogs.In Shipman’s hypothesis, human-dog teams were much better hunters than groups of either alone. Humans could save energy, letting dogs track the prey before humans went in for the kill with spears or arrows. Neanderthals did contribute a small amount to the genetic heritage of modern humans, though most of their kind were wiped out, and, according to the fossil record, they were not dog people.When modern humans think that other animals are cute, we’re being tricked. We evolved to respond to cuteness because our babies are so helpless. There was an advantage to feeling protective toward them. Domesticated dogs co-opted that by evolving neoteny and human-like expressions. Because wolves did not, they have paid a price. Brian Hare, director of the Duke Canine Cognition Center, wrote in National Geographic that nearly every human culture with the opportunity has hunted wolves to extinction.People can rise above our instincts. Last winter I visited a wolf sanctuary in Pennsylvania, set up to rescue victims of humans foolish enough to think they could keep wolves as pets. These animals needed all the help they could get, and lucky for them, the caretakers had come to love them, even if they can’t make puppy dog eyes. We could think of that love as a further step in human evolution.To contact the author of this story: Faye Flam at email@example.comTo contact the editor responsible for this story: Philip Gray at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Faye Flam is a Bloomberg Opinion columnist. She has written for the Economist, the New York Times, the Washington Post, Psychology Today, Science and other publications. She has a degree in geophysics from the California Institute of Technology.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.