|Bid||112.50 x 800|
|Ask||112.52 x 1000|
|Day's Range||112.00 - 112.52|
|52 Week Range||96.20 - 117.90|
|PE Ratio (TTM)||14.19|
|Earnings Date||Nov 7, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||1.68 (1.49%)|
|1y Target Est||119.34|
ESPN president Jimmy Pitaro told reporters that the network doesn't plan to air the national anthem during its Monday Night Football program as he tries to fight the "misconception" that ESPN is a political organization.
Can Hulu Satisfy Disney's Streaming Appetite? The Walt Disney Company (DIS) will have a 60% holding in Hulu, a streaming service provider, after it closes its acquisition of Twenty-First Century Fox (FOXA). Disney already holds a 30% stake in Hulu.
Burbank, California.-based Walt Disney Co. has operations around the country. It also owns ABC Television, ESPN Inc., Pixar, Marvel Studios and Lucasfilm Ltd., and is also in the process of buying 21st Century Fox’s entertainment assets. Here are recent stories on Disney reported by The Business Journals and other media.
Netflix (NFLX) has signed a new agreement with American television producer and writer Kenya Barris as the streaming giant consistently expands and diversifies its original content. Netflix has also struck similar deals with a list of TV-hitmakers, including Shonda Rhimes and Ryan Murphy.
Netflix (NFLX) stock has tanked nearly 25% since it announced its second-quarter 2018 results last month. The company missed analyst estimates on subscriber base, which is the most important metric for Netflix at this stage. Netflix added “just” 4.47 million subscribers internationally, while analysts were expecting 5.11 million additions.
The Walt Disney Company (DIS) is set to acquire the following: Twenty-First Century Fox’s (FOXA) film and television studios cable networks FX Networks and Fox Sports Regional Networks Fox Networks Group stakes in National Geographic Partners Indian satellite TV businesses such as Star network UK-based satellite TV group Sky other vital assets
Discovery (DISCA) is considering joining Walt Disney (DIS) in launching its own standalone direct-to-consumer streaming video service, its CEO, David Zaslav, hinted when he spoke at a recent industry event. In April, Disney launched a streaming service called ESPN Plus that’s aimed at sports fans. The company is also on track to launch another streaming service aimed at a broader audience next year to take on Netflix (NFLX).
Sky (SKYB.L) said on Monday that it expected to pay its advisers between 90 million pounds and 97 million pounds ($123.7 million) if Twenty-First Century Fox (FOXA.O) succeeds with its takeover of the British broadcaster. The UK pay-television group will spend as much as 61.5 million pounds on financial and broking advice and up to 20 million pounds on lawyers for their work on the Fox bid, according to a circular published by Sky. Other costs include fees for accountancy and public relations advice.
Dish Network (DISH) is still losing customers due to cord-cutting, as its latest quarter results showed. However, the company’s streaming service Sling TV is a bright spot in its second-quarter results. There are now more than 2.3 million Sling TV subscribers after the service gained 41,000 customers in the second quarter.
Mickey's Not-So-Scary Halloween Party is a sellout on its opening night at Disney World, and that's a good omen for others hosting themed events in the coming weeks.
As 21st Century Fox (FOX) nears the closing of its deal to sell most of its entertainment operations to Walt Disney (DIS), the shape of the remaining Fox is starting to emerge. During its fiscal fourth-quarter earnings call on August 9, Fox’s leadership hinted that live sports and news programming are expected to be the cornerstones of the slimmed-down Fox. Fox agreed to sell most of its entertainment assets, including the movie production business, to Disney for $71.3 billion.
Twitter (TWTR) is looking at ways to add more sports content to its video offerings, the company’s head of US content partnerships, Laura Froelich, said at a recent technology summit hosted by Bloomberg. Twitter is betting on an expanded sports offering to help it grow its video viewership by attracting more cord cutters. While the cord-cutting trend is robbing traditional media companies such as the Walt Disney Company (DIS) of pay-TV customers, the trend is expanding the market for Internet video providers such as Twitter and Amazon (AMZN).