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HBO Max, the new streaming service from WarnerMedia, launches tomorrow. It will mark the start of a new era for the prestige TV brand.
Few sectors have been damaged by the outbreak as quickly or as widely. It could serve as a harbinger for the industry's ultimate demise.
The huge sums for the HBO Max reunion underscore the importance of well-known franchises when launching a new streaming platform.
The HBO sister channel will stop producing original content, and its existing series will not be included on the upcoming streaming service, HBO Max.
It's been a big success for HBO. But the network still faces a difficult to decision about how to move forward with the superhero series.
Signing Richard Plepler would be a much-needed boost for Apple's nascent streaming service, which has been met with tepid reviews.
The HBO you’re used to could soon be a thing of the past. HBO’s parent, WarnerMedia, now owned by AT&T, officially unveiled its upcoming streaming service, HBO Max, to investors and media members at an event on the Warner Bros. lot in Los Angeles yesterday (Oct. 29). For $15 per month, subscribers will get all of HBO plus new originals shows and thousands of hours of library content from across WarnerMedia’s other brands, such as TNT, TBS, and CNN.
The 71st primetime Emmy Awards are on Sunday (Sept. 22) at 8pm eastern on Fox in the United States. HBO hopes the fantasy drama can win some big awards—namely its fourth best drama series trophy—to wash away the bad aftertaste from the show’s divisive finale. Emmy voters like to honor shows in their final years of eligibility, so don’t be surprised if Game of Thrones is the night’s big winner even if it doesn’t win the ultimate prize.
Disney (NYSE:DIS) is an old and well-established dog, but one that is learning an important new trick. Today we highlight the potential upside opportunity of the addition of more streaming to its family of products -- adding Disney+ to ESPN+. This should take Disney stock to a new level.Source: Shutterstock Investors have already started the process, which is evident from DIS stock's incredible rally since March. Year to date Disney is up 30%, which is almost double that of the Dow Jones. So clearly it is in favor on Wall Street.It is tempting to short such a steep rising wedge, but that would be a mistake in the long run. Disney's new streaming platform will change the game for this company and its bottom line. In fact, it is not too late to add DIS shares into portfolios.InvestorPlace - Stock Market News, Stock Advice & Trading Tips DIS Stock and the Streaming RevolutionNetflix (NASDAQ:NFLX) is the disruptor that made consumers want to consume media in a brand new way. First NFLX started by sending us DVDs by mail, and it had its devout following from the get-go. But then sneakily they switched us all to streaming and we loved it. Sure, they've had their fair share of flubs with pricing but eventually management proved itself competent to grow into the giant it is now.Disney stands to benefit from that starting this year. * 7 A-Rated Stocks to Buy for the Rest of 2019 So we now know some facts. First, the world wants the media to come to their devices whether it be smartphones , tvs or tablets.Second, we also know that the delivery method via streaming is the way to go. Most households now have internet connections that are fast enough to accommodate the trend. Moreover, we have 5G coming to make that even more ubiquitous.So it comes down to content, and Disney has gobs of it. Once they turn the service on, the revenues will flow. And with a good cost basis, the profits should also grow exponentially.There is not one person on this planet that doesn't know Disney's characters, from Mickey Mouse to Darth Vader. It has a huge library of very successful movies that people watch over and over again. And soon they will leverage that by making them available 24/7 from almost anywhere.The new platform could become the stand-in babysitter for most parents. Regardless of what other forms of entertainment families choose, the Disney streaming application will be among them.It is important to note that it won't come down to choosing a winner here. There's enough room for Netflix and Disney to thrive, so each thesis stands on its own.Netflix stock is stalled for now. Disney is just starting. They just need to turn on the spigot and let the content flow.Disney+ pricing sounds like it's low enough that the signup rate will exceed expectations, and that will make investors grab for more shares, and the rally will continue.So this is an operational effort for DIS stock once the decision was made to actually do it. Turn it on and the viewership will grow. Going forward, they know how to produce content at a lower cost than their competition, and much of it is very successful. This new delivery method will merely make them more profitable. Bottom Line on DisneyThe ramp in Disney stock is steep, but not enough to warrant shorting it at this point. So is it a buy here? The answer is yes, especially if for the long term.The truth is that DIS stock has always been a buy. It is one consistent performer that rewards its holders well through thick and thin.For the investors who prefer to trade around the shorter-term gyrations in the stocks, these are our levels to know.If DIS stock can set a new high at $143.50 it could start another bullish burst to target $155 per share. The rising wedge also raises the risk of falling back to the $135 zone if the June trend fails.It is also important to note that if the general equity markets fail in a big way, DIS stock has an open gap to $119 per share that could fill. Although this is not my forecast, it is a scenario that exists.In summary, the Disney story is just starting a new chapter, one that starts soon and will raise eyebrows on Wall Street. I would want to already be long when people realize that the upside potential is even greater than anticipated.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks to Buy for the Rest of 2019 * 7 Education Stocks to Buy for the Future of Academia * 5 Stocks to Buy as You Rebalance Your Portfolio The post Disney Stock Will Reward You for the Long Haul appeared first on InvestorPlace.
The new WarnerMedia entertainment boss threw some shade at Netflix's inordinate volume of content, which he argued sometimes comes at the expense of quality.
I remember times when Netflix (NASDAQ:NFLX) hogged the headlines for weeks on end. These days, Wall Street is more preoccupied with cannabis stocks, or initial public offerings (IPOs) like Uber (NYSE:UBER) and, more recently, Beyond Meat (NASDAQ:BYND). While it's no longer in the limelight, NFLX stock is silently making moves in the background.Source: Shutterstock It has been consolidating for a long while. But the opportunity today is with the levels where this action is taking place.Netflix stock is trading inside a range to establish a base camp that could catapult shares of NFLX $100 higher. Yes, it could still make a move to the high $400 per share. This opportunity is technical, so I would label it as tactical with medium conviction. It is independent of the company's current value and its odds of long-term success.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSince March 2018, Netflix stock has used $335 per share area as a major pivot. A year ago, the bulls broke NFLX out of that pivot. But then the fall correction reversed that move and sent NFLX shates the other way into its December lows. * 7 U.S. Stocks to Buy With Limited Trade War Exposure Then NFLX bounced off the lows very sharply and has spent all of 2019 consolidating around the same $335 per share zone. This is not a hard line in the sand but rather a band where bulls and bears are fighting it out fiercely. The end result of this stalemate will be a big move but where the direction is still unknown.If the equities in general rally, I bet Netflix will break out from these clutches. The exciting part comes from the fact that this would be a bullish inverse head-and-shoulder pattern that would result in a $100 move. This would be the opposite pattern to the one that crashed the stock last October from almost the same zone.This year, the bulls are in control of the stock market. Yes, we've had our bearish stints but the bulls bought the dips. While sentiment is not perfect, especially since we have an ongoing trade dispute between the U.S. and China, the U.S. Fed is now on the side of equities.This recent swoon is a perfect example. When the S&P 500 fell on Trump's Mexicican tariff tweet, traders followed up that reaction with the best week of the year. The bears are unable to sustain the selling and that's why the stock market is are near all-time highs.This helps Netflix stock in deciding which way the move will go from this tight situation. If the near- to long-term price action trends higher, then NFLX stock is likely to break out. Once Netflix shares pass the last fail level, momentum buyers would come into play. Click to Enlarge This is still a momentum stock so when it catches a wind it accelerates in that direction. So then buying begets more buying. Those who chase it like to buy high and sell higher.There are short-term lines to know …Above $385 per share would be the best trigger for this move. But there will be resistances at $367 and $372. I know this sounds impossible, but as we've seen the rally in December, NFLX stock can move 40% in a matter of days.Conversely, below $332 per share would invite sellers so traders should set tight stops unless they plan on turning this trade into an investment. I prefer selling puts below current support to trade moves like this where the breakout is not guaranteed especially when we have so many geopolitical headline risk completely independent of NFLX itself.So what about its fundamentals? This is not a cheap stock. It sells at a 129 price to earnings ratio. But as long as it continues to be a growth stock investors need not judge its profitability. The bullish thesis on NFLX is that it has a massive addressable global market and that it's only begun to scratch the surface.The company has its critics and they are loud and proud. They offer excellent reasons to short it. NFLX spends too much on producing content. They also could have a problem with churn. Although they still have the first mover advantage, competition is nipping at their heels. Normally I wouldn't worry about that yet but this bunch scary potential foes.Disney (NYSE:DIS) is the closest to go head to head and it comes with major advantages. I worry that Netflix management doesn't give DIS enough respect. Every parent on the planet will want to subscribe to Disney's stream because every child on earth will demand it. Luckily for NFLX is that they are both cheap enough that parents may not need to choose between the two yet.Moreover, NFLX ace in the pocket is its content but it comes at a tremendous expense. So they borrow to feed the beast and luckily that rates are not going anywhere for a long while so that's not an imminent danger. But DIS already has content that people want and they do produce new versions much cheaper so they will be able to compete on margin if it comes to it.While I do sound like I am making an anti Netflix argument here, I am not. I do believe that NFLX needs a few miracles to go their way in the long term, here I see a potential rally that could deliver a ton of profits. So I set my alerts to chase it.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. Join his live chat room free here. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post Remember the Epic $100 December Rally in Netflix Stock? It's Coming Back appeared first on InvestorPlace.
Rating Action: Moody's assigns Baa2 ratings to AT&T's WarnerMedia exchange offer new notes. Global Credit Research- 07 Jun 2019. New York, June 07, 2019-- Moody's Investors Service assigned Baa2 ratings ...