|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||110.20 - 111.99|
|52 Week Range||96.20 - 116.10|
|PE Ratio (TTM)||19.41|
|Earnings Date||Feb 6, 2018|
|Forward Dividend & Yield||1.68 (1.52%)|
|1y Target Est||115.87|
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.
Amazon, Verizon and a possibly reunited CBS-Viacom are all in active talks to acquire Lionsgate, according to a Deadline report Thursday.
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....
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.
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).
As Walt Disney’s (DIS) stake in Hulu is set to double if Disney’s deal with Twenty-First Century Fox (FOX)(FOXA) goes through, it’s important to examine Hulu closely to see what kind of business Disney is seeking to double its exposure to. Disney’s $52.4 billion acquisition of most of Fox’s assets is expected to take its stake in Hulu from 30% to 60%. What’s interesting in all this is that Disney is looking to double its stake in Hulu while it’s planning to roll out its own Hulu challengers as soon as next year.
The warning signs for the toy industry started last year when “Cars 3” -- considered a surefire success -- proved lackluster for licensees like Mattel Inc.